Housing data for Oconomowoc Lake, WI
Oconomowoc Lake, WI has an estimated 669 residents and 312 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Waukesha County.
2.1% of households rent.
Figures last updated on .
- Residents
- 669 (±187)
- Housing units
- 312 (±74)
- Households that rent
- 2.1%
- Residents since 2015–2019
- +14.8%
What stands out in Oconomowoc Lake
Median home value: $1,210,900 (±$375,265) in Oconomowoc Lake, higher than in Waukesha County ($398,200).
Households that rent: 2.1% (±2.5 points) in Oconomowoc Lake, lower than in Waukesha County (24.0%).
Homes in buildings of 5 or more units: 0.0% (±12.1 points) in Oconomowoc Lake, lower than in Waukesha County (19.1%).
Households without a vehicle: 1.3% (±2.0 points) in Oconomowoc Lake, lower than in Waukesha County (3.5%).
Housing in Oconomowoc Lake at a glance
- Rent burden: 60.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 2.1% of households rent (Small sample: wide margin of error)
- Income and affordability: $250,000 or more median household income
- Home values: $1,210,900 median home value
- Homeowner costs: $4,000 or more median monthly cost with a mortgage
- Property taxes: $10,000 or more median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 90.3% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 51.0% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 89.0% heat with utility gas
- Commute and cars: 23.1 minutes average trip to work
- Crime reported to police: 0 violent crimes per 100,000 residents (Small sample: wide margin of error)
- Growth: +14.8% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 18.2% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 3.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Oconomowoc Lake against Waukesha County, its state and the nation
| Oconomowoc Lake | Waukesha County | Wisconsin | United States | |
|---|---|---|---|---|
| Residents | 669 (±187) | 411,762 (exact) | 5,914,872 (exact) | 334,922,499 |
| Housing units | 312 (±74) | 175,591 (±121) | 2,778,572 (±1,533) | 143,775,355 |
| Households that rent | 2.1% (±2.5 points) | 24.0% (±0.8 points) | 32.2% (±0.3 points) | 34.8% |
| Median gross rent | — | $1,356 (±$22) | $1,087 (±$4) | $1,413 |
| Median household income | $250,000 or more | $106,076 (±$1,512) | $77,485 (±$455) | $80,734 |
| Median home value | $1,210,900 (±$375,265) | $398,200 (±$3,967) | $266,500 (±$1,051) | $332,700 |
| Median real estate taxes (a year) | $10,000 or more | $4,554 (±$38) | $3,792 (±$12) | $3,119 |
| Built before 1980 | 51.0% (±14.3 points) | 48.2% (±1.1 points) | 57.0% (±0.3 points) | 49.7% |
| Average commute | 23.1 minutes (±3.3) | 22.6 minutes (±0.3) | 22.2 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 97.9% (±2.5 points) | 94.0% (±0.5 points) | 90.3% (±0.2 points) | 91.0% |
| Median age of residents | 55.1 years (±6.8) | 43.5 years (±0.1) | 40.2 years (±0.1) | 38.9 years |
Oconomowoc Lake covers 1.9 square miles of land, about 348 residents per square mile (Census Bureau Gazetteer).
How Oconomowoc Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 583 (±104) | 669 (±187) | +14.8% | Not a measurable change |
| Housing units | 299 (±45) | 312 (±74) | +4.3% | Not a measurable change |
| Median home value | $891,700 (±$148,574) | $1,210,900 (±$375,265) | +35.8% | No measurable change after inflation |
| Households that rent | 10.2% (±6.6 points) | 2.1% (±2.5 points) | −8.1 percentage points | Measurable decrease |
| Rental vacancy rate | 8.3% (±19.5 points) | 0.0% (±100.0 points) | −8.3 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Oconomowoc Lake
In 2023, the Oconomowoc Lake Police Department reported 0 violent and 169 property crimes per 100,000 residents to the FBI.
Places near Oconomowoc Lake
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Okauchee Lake | 1.6 mi | $1,391 | $497,500 | 10.9% |
| Oconomowoc | 2.3 mi | $1,301 | $394,500 | 30.9% |
| Nashotah | 2.3 mi | $1,375 | $483,300 | 7.6% |
| Chenequa | 3.7 mi | $3,500 or more | $1,402,800 | 5.8% |
| Delafield | 4.0 mi | $1,457 | $555,800 | 38.3% |
| Town of Oconomowoc | 4.1 mi | $1,536 | $466,300 | 14.5% |
| Summit | 4.2 mi | $1,615 | $533,300 | 8.8% |
| Lac La Belle | 4.5 mi | — | $1,312,500 | 9.3% |
HUD Fair Market Rent for Oconomowoc Lake, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $985 | $1,060 | $1,263 | $1,553 | $1,664 |
HUD income limits for Oconomowoc Lake, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $22,750 | $37,950 | $60,700 |
| 2 people | $26,000 | $43,400 | $69,400 |
| 3 people | $29,250 | $48,800 | $78,050 |
| 4 people | $33,000 | $54,200 | $86,700 |
| 5 people | $38,680 | $58,550 | $93,650 |
| 6 people | $44,360 | $62,900 | $100,600 |
| 7 people | $50,040 | $67,250 | $107,550 |
| 8 people | $55,720 | $71,550 | $114,450 |
These are the limits HUD sets for its housing programs in the Milwaukee-Waukesha, WI MSA, where HUD’s median family income for fiscal year 2026 is $108,400.
A program can use its own limits; tax-credit and local programs often do.
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 Oconomowoc Lake
What is the median household income in Oconomowoc Lake?
The median household income in Oconomowoc Lake is $250,000 or more a year (2020–2024 American Community Survey).
What is the average home value in Oconomowoc Lake, WI?
The Census Bureau publishes the median: $1,210,900 (±$375,265) for owner-occupied homes in Oconomowoc Lake (2020–2024 American Community Survey).
What is the average mortgage payment in Oconomowoc Lake?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Oconomowoc Lake, WI is $4,000 or more a month, including taxes, insurance and utilities.
How much are property taxes in Oconomowoc Lake?
The median real estate tax paid by homeowners in Oconomowoc Lake, WI is $10,000 or more a year (2020–2024 American Community Survey).
How many homes are in Oconomowoc Lake?
Oconomowoc Lake, WI has an estimated 312 (±74) housing units, occupied and vacant (2020–2024 American Community Survey).
How old are most homes in Oconomowoc Lake?
51.0% of homes in Oconomowoc Lake, WI were built before 1980 (2020–2024 American Community Survey).
Is Oconomowoc Lake growing?
In Oconomowoc Lake, the number of residents went from 583 in 2015–2019 to 669 in 2020–2024 (+14.8%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Oconomowoc Lake village, Wisconsin
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Oconomowoc Lake village, Wisconsin
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Oconomowoc Lake village, Wisconsin
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Oconomowoc Lake village, Wisconsin
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Oconomowoc Lake village, Wisconsin
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Oconomowoc Lake village, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Oconomowoc Lake village, Wisconsin
- HUD Fair Market Rents, fiscal year 2027: Milwaukee-Waukesha, WI MSA
- HUD Income Limits, fiscal year 2026: Milwaukee-Waukesha, WI MSA
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Oconomowoc Lake Police Department (ORI WI0681300)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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 Oconomowoc Lake village, Wisconsin (place:59300, in state:55).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .