Delavan Lake, WI
Population 2,728 · Wisconsin
About Delavan Lake, WI
Delavan Lake is a small town located in Wisconsin with a population of 2,728 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,042 per year, which is 5% below the national median of $75,149. The median age of 49.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Delavan Lake features a median home value of $292,100, which is 19% above the national median of $244,900. This positions Delavan Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $875, 25% below the national average of $1,163/month. Of the 2,802 total housing units, 87% are owner-occupied (1,080 units) and 13% are renter-occupied (168 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Delavan Lake shows an unemployment rate of 1.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Delavan Lake have an average one-way commute time of 26 minutes.
Education & Demographics
27.9% of Delavan Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 13.2% White, 0.2% Hispanic or Latino, 0.2% Black or African American, and 3.6% Asian residents, with 4.9% of the population being foreign-born.
Cost of Living in Delavan Lake, WI
Compared to national averages, Delavan Lake has a median household income of $71,042 (5% below the national median of $75,149). Home values average $292,100, which is 19% above the national median. Monthly rent at $875 is 25% below the US average of $1,163. Within Wisconsin, Delavan Lake's income is 2% below the state average of $72,579, and home values are 42% above the state median of $205,802.
Why Live in Delavan Lake, WI?
Delavan Lake offers rent that’s lower than the national average at $875/month, and a strong job market with an unemployment rate of just 1.5%, and a low poverty rate of 8.7%, better than the national average.
Potential considerations include median household income ($71,042) that falls below the national average. However, Delavan Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Delavan Lake has a population of 2,728 with a median age of 49.9 years. Compare Delavan Lake with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Delavan Lake
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Wazeecha | 2,722 | $90,074 | $198,400 | Compare |
| Luxemburg | 2,722 | $73,056 | $239,100 | Compare |
| Tainter Lake | 2,753 | $96,250 | $275,600 | Compare |
| Fennimore | 2,762 | $64,891 | $146,200 | Compare |
| Wisconsin Dells | 2,763 | $66,846 | $203,300 | Compare |
| Lomira | 2,681 | $66,471 | $207,200 | Compare |
| Walworth | 2,786 | $64,125 | $254,400 | Compare |
| Belgium | 2,648 | $79,271 | $237,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Delavan Lake With Other Cities
Frequently Asked Questions about Delavan Lake
What is the population of Delavan Lake, WI?
The population of Delavan Lake, WI is 2,728 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Wisconsin.
What is the median household income in Delavan Lake?
The median household income in Delavan Lake, WI is $71,042 per year, which is 5% below the national median of $75,149.
What is the median home value in Delavan Lake?
The median home value in Delavan Lake, WI is $292,100, which is 19% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Delavan Lake?
The median monthly rent in Delavan Lake, WI is $875, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Delavan Lake?
The unemployment rate in Delavan Lake, WI is 1.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Delavan Lake, WI a good place to live?
Delavan Lake offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 2,728 and a median age of 49.9, the city appeals to established professionals and retirees.
How educated is Delavan Lake, WI?
27.9% of residents in Delavan Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Delavan Lake?
Key cost-of-living indicators for Delavan Lake, WI: median home value is $292,100 (19% above national), median rent is $875/month, and median household income is $71,042. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Delavan Lake?
The poverty rate in Delavan Lake, WI is 8.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Delavan Lake, WI?
Delavan Lake's population is 13.2% White, 0.2% Hispanic or Latino, 0.2% Black or African American, 3.6% Asian, and 1.5% two or more races. 4.9% of residents are foreign-born.