Housing data for the Town of Lake Mills, WI

The Town of Lake Mills, WI has an estimated 2,317 residents and 966 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a town in Jefferson County.

4.2% of households rent.

Figures last updated on .

Residents
2,317 (±285)
Housing units
966 (±135)
Households that rent
4.2%
Residents since 2015–2019
+1.8%

What stands out in the Town of Lake Mills

Households that rent: 4.2% (±2.3 points) in the Town of Lake Mills, lower than in Jefferson County (26.9%).

Median home value: $453,800 (±$61,774) in the Town of Lake Mills, higher than in Jefferson County ($274,100).

Homes in buildings of 5 or more units: 0.7% (±2.5 points) in the Town of Lake Mills, lower than in Jefferson County (14.2%).

Working from home: 17.1% (±4.8 points) in the Town of Lake Mills, higher than in Jefferson County (10.5%).

Housing in the Town of Lake Mills at a glance

  • Rent burden: 9.1% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 4.2% of households rent (Small sample: wide margin of error)
  • Income and affordability: $119,485 median household income
  • Home values: $453,800 median home value
  • Homeowner costs: $2,302 median monthly cost with a mortgage
  • Property taxes: $5,610 median real estate taxes a year
  • Types of homes: 0.7% of homes are in buildings of 5 or more units
  • Bedrooms: 83.7% of homes have 3 or more bedrooms
  • Age of homes: 42.3% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 71.9% heat with utility gas
  • Commute and cars: 28.5 minutes average trip to work
  • Growth: +1.8% residents since 2015–2019
  • How long people stay: 14.4% moved in since 2020
  • Crowding and facilities: 0.8% of homes have more than 1 person per room (Small sample: wide margin of error)

The Town of Lake Mills against Jefferson County, its state and the nation

Estimate (90% margin of error)
Town of Lake MillsJefferson CountyWisconsinUnited States
Residents2,317 (±285)86,003 (exact)5,914,872 (exact)334,922,499
Housing units966 (±135)36,890 (±83)2,778,572 (±1,533)143,775,355
Households that rent4.2% (±2.3 points)26.9% (±1.5 points)32.2% (±0.3 points)34.8%
Median gross rent—$1,035 (±$34)$1,087 (±$4)$1,413
Median household income$119,485 (±$15,669)$83,750 (±$2,615)$77,485 (±$455)$80,734
Median home value$453,800 (±$61,774)$274,100 (±$7,416)$266,500 (±$1,051)$332,700
Median real estate taxes (a year)$5,610 (±$466)$4,005 (±$96)$3,792 (±$12)$3,119
Built before 198042.3% (±9.7 points)59.0% (±2.6 points)57.0% (±0.3 points)49.7%
Average commute28.5 minutes (±3.7)24.8 minutes (±0.7)22.2 minutes (±0.1)26.4 minutes
Households with broadband90.4% (±5.6 points)90.6% (±1.2 points)90.3% (±0.2 points)91.0%
Median age of residents47.8 years (±6.1)41.5 years (±0.4)40.2 years (±0.1)38.9 years

The Town of Lake Mills covers 30.3 square miles of land, about 76 residents per square mile (Census Bureau Gazetteer).

How the Town of Lake Mills has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,276 (±205)2,317 (±285)+1.8%Not a measurable change
Housing units989 (±60)966 (±135)−2.3%Not a measurable change
Median home value$310,600 (±$21,112)$453,800 (±$61,774)+46.1%Up after inflation
Median household income$91,058 (±$15,449)$119,485 (±$15,669)+31.2%No measurable change after inflation
Median owner cost with a mortgage$1,884 (±$106)$2,302 (±$152)+22.2%No measurable change after inflation
Median real estate taxes$4,468 (±$273)$5,610 (±$466)+25.6%No measurable change after inflation
Households that rent7.8% (±4.1 points)4.2% (±2.3 points)−3.6 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±22.4 points)0.0% (±40.6 points)0.0 percentage pointsNot 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 Jefferson County

The Town of Lake Mills has no police department of its own in the FBI’s figures, so this is the figure for Jefferson County as a whole.

In 2024, the police departments that report for Jefferson County recorded 133 violent and 696 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

ZIP codes in the Town of Lake Mills

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
5355142%9,731$1,201$357,400$94,401
5359413%5,199$1,124$244,200$88,390

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near the Town of Lake Mills

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Lake Mills3.0 mi$1,209$317,10033.1%
Lake Ripley4.9 mi$1,350$366,30014.4%
Town of Deerfield (Dane County)4.9 mi$1,156$464,4009.9%
Town of Waterloo (Jefferson County)5.4 mi—$435,0004.0%
Cambridge5.6 mi$1,220$325,20030.7%
Deerfield5.9 mi$1,156$315,90020.3%
Town of Oakland (Jefferson County)6.5 mi$1,267$353,90012.1%
Town of Aztalan6.7 mi$989$381,10010.5%

HUD Fair Market Rent for the Town of Lake Mills, fiscal year 2027

Jefferson County, WI, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$842$958$1,209$1,635$1,652

HUD income limits for the Town of Lake Mills, fiscal year 2026

Jefferson County, WI, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$23,450$39,100$62,550
2 people$26,800$44,700$71,500
3 people$30,150$50,300$80,450
4 people$33,500$55,850$89,350
5 people$38,680$60,350$96,500
6 people$44,360$64,800$103,650
7 people$50,040$69,300$110,800
8 people$55,720$73,750$117,950

These are the limits HUD sets for its housing programs in the Jefferson County, WI, where HUD’s median family income for fiscal year 2026 is $111,700.

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 Town of Lake Mills

What is the median household income in the Town of Lake Mills?

The median household income in the Town of Lake Mills is $119,485 (±$15,669) a year (2020–2024 American Community Survey).

What is the average home value in the Town of Lake Mills, WI?

The Census Bureau publishes the median: $453,800 (±$61,774) for owner-occupied homes in the Town of Lake Mills (2020–2024 American Community Survey).

What is the average mortgage payment in the Town of Lake Mills?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Town of Lake Mills, WI is $2,302 (±$152) a month, including taxes, insurance and utilities.

How much are property taxes in the Town of Lake Mills?

The median real estate tax paid by homeowners in the Town of Lake Mills, WI is $5,610 (±$466) a year (2020–2024 American Community Survey).

How many homes are in the Town of Lake Mills?

The Town of Lake Mills, WI has an estimated 966 (±135) housing units, occupied and vacant (2020–2024 American Community Survey).

What is the most common home size in the Town of Lake Mills?

The most common size is 3 bedrooms, 50.4% of homes in the Town of Lake Mills, WI.

Is the Town of Lake Mills growing?

In the Town of Lake Mills, the number of residents went from 2,276 in 2015–2019 to 2,317 in 2020–2024 (+1.8%), not a measurable change.

What ZIP codes are in the Town of Lake Mills?

The ZIP codes that cover the Town of Lake Mills are 53551, 53594.

What is the median rent in ZIP code 53551?

The median gross rent in ZIP Code Tabulation Area 53551 is $1,201 (±$93) a month (2020–2024 American Community Survey).

Sources

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 town, Jefferson County, Wisconsin (county subdivision:41700, in state:55 county:055).

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.

Request a Census API 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 .

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