Also See: Oconomowoc, WI ZIP Codes & ZIP Code Maps
The Village of Oconomowoc Lake had a population of 553 as of July 1, 2021. 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 43.1045 and longitude -88.4593 in Waukesha County. The formal boundaries for the Village of Oconomowoc Lake 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 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.
|Total Population||553 (100%)|
|Population in Households||550 (99.5%)|
|Population in Families||482 (87.2%)|
|Population in Group Quarters1||3 ( 0.5%)|
|Median Household Income||$155,366|
|Average Household Income||$216,040|
|% of Income for Mortgage4||19%|
|Per Capita Income||$84,810|
|Total HU (Housing Units)||294 (100%)|
|Owner Occupied HU||200 (68.0%)|
|Renter Occupied HU||19 ( 6.5%)|
|Vacant Housing Units||76 (25.9%)|
|Median Home Value||$701,087|
|Average Home Value||$926,244|
|Housing Affordability Index3||139|
|Average Household Size||2.52|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.45%|
|Per Capita Income||1.01%|
|Owner Occupied HU||0.0%|
The table below compares Oconomowoc Lake 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.
|Total Population||# 520||33rd|
|Population Density||# 597||23rd|
|Median Household Income||# 3||100th|
|Housing Affordability Index||# 101||13th|
|Per Capita Income||# 5||99th|
|Diversity Index||# 461||41st|
Additional comparisons and rankings can be made with a VERY EASY TO USE Wisconsin Census Data Comparison Tool.