What is the rental vacancy rate in Lake Mills, WI?
The rental vacancy rate in Lake Mills, WI is 0.0% (±2.6 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±1.3 points).
295 (±193) homes, 10.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Lake Mills, the rental vacancy rate went from 1.7% in 2015–2019 to 0.0% in 2020–2024 (−1.7 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 0.0% (±2.6 points)
- Homeowner vacancy rate
- 0.0% (±1.3 points)
- Vacant homes
- 295 (±193)
Vacancy in Lake Mills against Jefferson County, its state and the nation
| Lake Mills | Jefferson County | Wisconsin | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.0% (±2.6 points) | 4.5% (±1.9 points) | 4.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±1.3 points) | 0.2% (±0.2 points) | 0.5% (±0.1 points) | 0.9% |
| Vacant housing units | 295 (±193) | 2,017 (±353) | 299,092 (±4,686) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Lake Mills, the rental vacancy rate is lower than in Jefferson County (4.5%).
It is also lower than in Wisconsin (4.5%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Lake Mills
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Lake Mills | — | 0.0% (±2.6 points) | — |
| Town of Lake Mills | 3.0 mi | 0.0% (±40.6 points) | Not measurably different |
| Town of Aztalan | 3.8 mi | 18.0% (±20.7 points) | Not measurably different |
| Town of Waterloo (Jefferson County) | 5.2 mi | 0.0% (±71.2 points) | Not measurably different |
| Town of Milford | 6.1 mi | 0.0% (±21.9 points) | Not measurably different |
| Lake Ripley | 6.4 mi | 0.0% (±16.8 points) | Not measurably different |
| Town of Oakland (Jefferson County) | 6.7 mi | 0.0% (±12.4 points) | Not measurably different |
| Johnson Creek | 6.8 mi | 0.0% (±8.7 points) | Not measurably different |
| Jefferson | 7.1 mi | 8.9% (±5.3 points) | Higher |
Nearby places with a measurably higher figure: Jefferson, WI (8.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Jefferson County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 6 | Town of Ixonia | 5.4% (±8.7 points) |
| 7 (tie) | Fort Atkinson | 4.1% (±4.1 points) |
| 7 (tie) | Watertown | 4.1% (±3.2 points) |
| 9 | Palmyra | 3.3% (±5.5 points) |
| 10 | Town of Farmington (Jefferson County) | 2.9% (±4.3 points) |
| 11 (tie) | Johnson Creek | 0.0% (±8.7 points) |
| 11 (tie) | Lake Mills | 0.0% (±2.6 points) |
| 11 (tie) | Sullivan | 0.0% (±13.6 points) |
| 11 (tie) | Town of Cold Spring | 0.0% (±46.6 points) |
| 11 (tie) | Town of Concord | 0.0% (±18.1 points) |
| 11 (tie) | Town of Hebron | 0.0% (±46.6 points) |
| 11 (tie) | Town of Koshkonong | 0.0% (±7.6 points) |
| 11 (tie) | Town of Lake Mills | 0.0% (±40.6 points) |
Showing 13 of 24 places in Jefferson County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Mills
Is it hard to find a rental in Lake Mills?
The rental vacancy rate in Lake Mills, WI is 0.0% (±2.6 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Lake Mills tighter than it was?
In Lake Mills, the rental vacancy rate went from 1.7% in 2015–2019 to 0.0% in 2020–2024 (−1.7 percentage points), not a measurable change.
How many homes are vacant in Lake Mills?
An estimated 295 (±193) housing units, 10.3% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Mills city, Wisconsin
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Mills city, Wisconsin
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Mills city, Wisconsin (place:41675, in state:55).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in Lake Mills
- How long people stay in Lake Mills
- Crowding and facilities in Lake Mills
- Wisconsin landlord and tenant rules
- Housing across Jefferson County
- Wisconsin places ranked by rental vacancy rate
- Housing data for every place in Wisconsin