Oconomowoc Lake village, Wisconsin Demographics & Population 2026
As of 2026, Oconomowoc Lake village, Wisconsin has a total population of 699, the 463rd largest city in Wisconsin, with a median household income of $250,001, which is 230% higher than the state average. The poverty rate is 2.1%.
Key Takeaways
- Household income is 230% above the state average — one of the wealthiest communities in Wisconsin.
- An exceptionally low poverty rate of 2.1% — among the lowest in Wisconsin.
- 71.9% of adults hold a bachelor's degree or higher — top 10% in Wisconsin.
- Near full employment with an unemployment rate of just 1.2%.
Oconomowoc Lake village Quick Facts
How Oconomowoc Lake village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 36 | National average: 60
Education
Educational Attainment (Adults 25+)
Oconomowoc Lake village Rankings in Wisconsin
Explore Wisconsin Rankings
Other Cities in Waukesha County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Milwaukee city | 569,756 | $51,888 | 23.3% | $172,000 |
| Waukesha city | 70,779 | $81,651 | 10.3% | $286,600 |
| Brookfield city | 41,592 | $124,026 | 3.5% | $419,300 |
| Menomonee Falls village | 38,963 | $98,460 | 5.0% | $341,600 |
| Muskego city | 25,156 | $116,361 | 3.4% | $390,900 |
| South Milwaukee city | 20,547 | $70,146 | 12.5% | $216,400 |
| Oconomowoc city | 18,385 | $105,833 | 7.2% | $367,700 |
| Pewaukee city | 16,002 | $112,093 | 2.9% | $434,700 |
| Sussex village | 11,795 | $112,031 | 5.6% | $384,900 |
| Hartland village | 9,716 | $87,297 | 7.5% | $358,000 |
Cities Similar to Oconomowoc Lake village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Chenequa village | 817 | $250,001 | $1,486,100 | 56.6% | 2.7% |
| Van Dyne CDP | 711 | $119,107 | $265,700 | 2.2% | 0.0% |
| Taycheedah CDP | 682 | $109,238 | $238,700 | 46.6% | 0.0% |
| Brownsville village | 693 | $100,341 | $235,100 | 23.7% | 4.2% |
| Polonia CDP | 624 | $115,862 | $320,500 | 42.9% | 2.4% |
Population Overview
Oconomowoc Lake village is a small community located in Wisconsin, within Waukesha County. The total population is 699. It ranks as the 463rd most populous out of 807 cities and towns in Wisconsin.
Age Demographics
The median age in Oconomowoc Lake village is 55.5 years. This is 38% higher than the state median of 40.1 years. Only 14.4% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Oconomowoc Lake village is $250,001. This is 230% higher than the state median of $75,670. Compared to the national median of $78,538, household income here is 218% higher. The poverty rate stands at 2.1%. This is 80% lower than the state poverty rate of 10.6%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.2%. This is 65% lower than the state rate of 3.3%. The median home value is $1,328,700. Housing costs are 437% higher than the state median of $247,400. The home-value-to-income ratio is 5.3x. 98.8% of occupied housing units are owner-occupied. This homeownership rate is 45% higher than the state average of 67.9%.
Race & Ethnicity
The largest racial or ethnic group in Oconomowoc Lake village is White (non-Hispanic), making up 80.8% of the population. Hispanic or Latino residents account for 3.9%. The Hispanic or Latino population (3.9%) is well below the state average of 7.8%.
Education
71.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Oconomowoc Lake village in the top 10% of all cities in the state for educational attainment. This is 119% higher than the state rate of 32.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.8%. Notably, 38.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Oconomowoc Lake village, Wisconsin is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 807 Census-designated places in Wisconsin. For official data, visit data.census.gov.
Free data download: Get all Wisconsin city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Oconomowoc Lake village, Wisconsin?
Oconomowoc Lake village, Wisconsin has a population of 699 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Oconomowoc Lake village, WI?
The median household income in Oconomowoc Lake village is $250,001, which is 218% higher the national median of $78,538.
What is the poverty rate in Oconomowoc Lake village, WI?
The poverty rate in Oconomowoc Lake village is 2.1%. This means approximately 15 residents live below the federal poverty line.
What is the racial makeup of Oconomowoc Lake village, Wisconsin?
Oconomowoc Lake village's population is 80.8% White, 0.0% Black, 3.9% Hispanic/Latino, and 2.3% Asian.
What is the median home value in Oconomowoc Lake village, WI?
The median home value in Oconomowoc Lake village is $1,328,700. The home-value-to-income ratio is 5.3x.
How educated is Oconomowoc Lake village, Wisconsin?
71.9% of adults (25+) in Oconomowoc Lake village hold a bachelor's degree or higher, and 38.9% hold a graduate or professional degree.