Lake Wissota, WI Profile: Facts & Data

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Lake Wissota, Wisconsin - Basic Facts

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The Lake Wissota CDP(1) had a population of 2,940 as of July 1, 2021.

The primary coordinate point for Lake Wissota is located at latitude 44.9263 and longitude -91.301 in Chippewa County. The formal boundaries for the Lake Wissota Census Designated Place encompass a land area of 3.78 sq. miles and a water area of 0.65 sq. miles. Chippewa County is in the Central time zone (GMT -6). The elevation is 922 feet.

The Lake Wissota Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Lake Wissota Census Designated Place is located within Town of Lafayette, a minor civil division (MCD) of Chippewa County.

Alternate Unofficial Names for Lake Wissota: Wissota Beach.

  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Lake Wissota 2021 Demographic Data
  2. Growth Rates for Lake Wissota (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Wisconsin Research Tools (Easy Tools & Current Data)
  3. Wisconsin Data Comparison Tool - 2021 Demographics
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Lake Wissota, WI Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 2,940 (100%)
Population in Households 2,916 (99.2%)
Population in Families 2,483 (84.5%)
Population in Group Quarters1 24 ( 0.8%)
Population Density 778
Diversity Index2 11
 
 

INCOME

Median Household Income $76,762
Average Household Income $96,814
% of Income for Mortgage4 14%
Per Capita Income $38,897
Wealth Index5 113
 

HOUSING

Total HU (Housing Units) 1,325 (100%)
Owner Occupied HU 927 (70.0%)
Renter Occupied HU 266 (20.1%)
Vacant Housing Units 132 ( 10.0%)
Median Home Value $253,125
Average Home Value $293,952
Housing Affordability Index3 183
 

HOUSEHOLDS

Total Households 1,193
Average Household Size 2.44
Family Households 884
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.63% 0.69%
Households 0.83% 0.79%
Families 0.67% 0.69%
Median Household Income   2.26%
Per Capita Income   2.04%
Owner Occupied HU   1.18%

Lake Wissota, WI - Peer Comparisons by Rank and Percentile

The table below compares Lake Wissota to the other 778 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2021 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 # 217 72nd
Population Density # 332 57th
Median Household Income # 148 81st
Housing Affordability Index # 400 51st
Per Capita Income # 117 85th
Diversity Index # 547 30th

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

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