Mole Lake, WI Profile: Facts & Data

The Mole Lake CDP⁽¹⁾ had a population of 548 as of July 1, 2024. Mole Lake ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Wisconsin. See peer rankings below.

The primary coordinate point for Mole Lake is located at latitude 45.4797 and longitude -88.9832 in Forest County. The formal boundaries for the Mole Lake Census Designated Place encompass a land area of 3.7 sq. miles and a water area of 0.46 sq. miles. Forest County is in the Central time zone (GMT -6).

The Mole Lake 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 Mole Lake Census Designated Place is located within Town of Nashville, a minor civil division (MCD) of Forest County.

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.

Mole Lake, WI Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	548 (100%)
Population in Households	548 (100.0%)
Population in Families	420 (76.6%)
Population in Group Quarters¹	0
Population Density	148
Diversity Index²	56


INCOME
Median Household Income	$60,419
Average Household Income	$78,708
% of Income for Mortgage⁴	21%
Per Capita Income	$30,162
Wealth Index⁵	63
Socioeconomic Status Index⁶	Low (42.5)

HOUSING
Total HU (Housing Units)	235 (100%)
Owner Occupied HU	149 (63.4%)
Renter Occupied HU	61 (26.0%)
Vacant Housing Units	25 (10.6%)
Median Home Value	$197,581
Average Home Value	$226,007
Housing Affordability Index³	117

HOUSEHOLDS
Total Households	210
Average Household Size	2.61
Family Households	138
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Mole Lake, WI - Peer Comparisons by Rank and Percentile

The table below compares Mole Lake to the other 807 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.57%	-0.55%
Households	0.57%	0.00%
Families		-2.12%
Median Household Income		1.28%
Per Capita Income		2.99%
Owner Occupied HU		0.13%

Variable Description	Rank	Percentile
Total Population	# 515	36th
Population Density	# 705	13th
Median Household Income	# 619	23rd
Housing Affordability Index	# 593	73rd
Per Capita Income	# 727	10th
Diversity Index	# 37	96th

Mole Lake, WI Profile: Facts & Data

Mole Lake, Wisconsin - Basic Facts

Mole Lake, WI Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Mole Lake, WI - Peer Comparisons by Rank and Percentile

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