Oconomowoc Lake, WI Profile: Facts, Map & Data

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Oconomowoc Lake, Wisconsin - Basic Facts

The Village of Oconomowoc Lake had a population of 594 as of July 1, 2016. Oconomowoc Lake ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Wisconsin. See peer rankings below.

The primary coordinate point for Oconomowoc Lake is located at latitude 43.1038 and longitude -88.4497 in Waukesha County. The formal boundaries for the Village of Oconomowoc Lake (see map below) encompass a land area of 1.98 sq. miles and a water area of 1.32 sq. miles. Waukesha County is in the Central time zone (GMT -6). The elevation is 902 feet.

The Village of Oconomowoc Lake (GNIS ID: 1583849) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Oconomowoc Lake population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.


Neighborhood Data

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Village of Oconomowoc Lake, WI Boundary Map



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Oconomowoc Lake, WI Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 594
Population in Households 592
Population in Familes 522
Population in Group Qrtrs 2
Population Density1 300
Diversity Index2 12
 

HOUSEHOLDS

Total Households 234
Average Household Size 2.53
Family Households 180
Average Family Size 3

HOUSING

Total Housing Units 306 (100%)
Owner Occupied HU 213 (69.6%)
Renter Occupied HU 21 ( 6.9%)
Vacant Housing Units 72 (23.5%)
Median Home Value $710,526
Average Home Value $730,140
 

INCOME

Median Household Income $133,143
Average Household Income $198,716
Per Capita Income $77,378
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population -0.03% 0.1%
Households 0.14% 0.26%
Families 0.27% 0.11%
Median Household Income   1.18%
Per Capita Income   1.31%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Oconomowoc Lake, WI - Peer Comparisons by Rank and Percentile

The table below compares Oconomowoc Lake to the other 774 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 491 37th
Population Density1 # 585 25th
Diversity Index2 # 468 40th
Median Household Income # 4 100th
Per Capita Income # 5 99th

Additional comparisons and rankings can be made with a VERY EASY TO USE Wisconsin Census Data Comparison Tool.

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