Paddock Lake, WI
Full City Profile · Wisconsin · Walworth County County
Paddock Lake, WI
At a Glance
How Paddock Lake Compares to the U.S. Average
Each bar shows Paddock Lake's value as a percentage of the national average (100% = U.S. avg)
Is Paddock Lake a Good Place to Live?
Economy & Jobs
Paddock Lake residents earn a median household income of $88,438 , which is 18% above the national average of $75,149. Per capita income is $46,180. The unemployment rate stands at 2.6% (28% below the U.S. rate of 3.6%). 2.3% of residents live below the poverty line. The area is home to 3,401 business establishments, including 337 restaurants.
Housing & Cost of Living
The median home value in Paddock Lake is $242,800 , 14% below the national median of $281,900. Zillow estimates the typical home at $326,500. Median rent is $1,202/month, with 20.2% of renters spending more than 30% of income on housing. The cost of living index is 94.1 (100 = national average). The median home was built in 1970.
Education
30.2% of adults in Paddock Lake hold a bachelor's degree or higher (10% below the national average). 92.7% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Paddock Lake has an average annual temperature of 47°F (9°C). Winters average 21°F in January while summers reach 72°F in July. Annual precipitation totals 37.5 inches. Air quality is rated Good with a median AQI of 42.