Oconomowoc Lake, Wisconsin Median Income

Oconomowoc Lake, Wisconsin has a population of 641, with a median household income of $84,218.

Current median income data for Oconomowoc Lake.

$84,218

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Population

641

💰

Median Income

$84,218

📉

Unemployment

2.60%

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Housing Price

$518,400

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Crime Rate

3.10

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Internet Speed

402.70 Mbps

Oconomowoc Lake is a small local community located in Wisconsin. The city has a population that is below the average city population in Wisconsin, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Wisconsin, Oconomowoc Lake provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Oconomowoc Lake has a population of 641, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Oconomowoc Lake is $84,218, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Oconomowoc Lake average around $518,400, which is relatively high compared to other cities in Wisconsin.

Employment and Safety

The unemployment rate in Oconomowoc Lake is 2.60%, which is lower than the state average, indicating a relatively strong job market. Oconomowoc Lake has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Wisconsin, Oconomowoc Lake shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Oconomowoc Lake offers a balanced mix of economic conditions, population trends, and housing opportunities within Wisconsin.

Frequently Asked Questions about Oconomowoc Lake

What is the population of Oconomowoc Lake?

The population of Oconomowoc Lake is approximately 641.

Is Oconomowoc Lake a good place to live?

Oconomowoc Lake offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Oconomowoc Lake?

The median household income in Oconomowoc Lake is around $84,218.

How expensive is housing in Oconomowoc Lake?

The average housing price in Oconomowoc Lake is approximately $518,400.