Lake Arrowhead, WI
Population 832 · Wisconsin
About Lake Arrowhead, WI
Lake Arrowhead is a small community located in Wisconsin with a population of 832 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,125 per year, which is 11% above the national median of $75,149. The median age of 68.4 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 Lake Arrowhead features a median home value of $305,200, which is 25% above the national median of $244,900. This positions Lake Arrowhead in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 680 total housing units, 99% are owner-occupied (438 units) and 1% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Arrowhead shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Arrowhead have an average one-way commute time of 43.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
43.0% of Lake Arrowhead 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Lake Arrowhead, WI
Compared to national averages, Lake Arrowhead has a median household income of $83,125 (11% above the national median of $75,149). Home values average $305,200, which is 25% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Wisconsin, Lake Arrowhead's income is 15% above the state average of $72,579, and home values are 48% above the state median of $205,802.
Why Live in Lake Arrowhead, WI?
Lake Arrowhead offers a strong local economy with a median household income of $83,125, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features a well-educated community where 43.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.4%, better than the national average.
Lake Arrowhead has a population of 832 with a median age of 68.4 years. Compare Lake Arrowhead with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Lake Arrowhead
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pittsville | 829 | $59,773 | $117,300 | Compare |
| Reeseville | 826 | $65,938 | $157,700 | Compare |
| Lone Rock | 821 | $55,417 | $111,400 | Compare |
| Balsam Lake | 819 | $48,468 | $188,600 | Compare |
| Coleman | 846 | $49,545 | $152,600 | Compare |
| Dorchester | 818 | $54,750 | $142,000 | Compare |
| Chenequa | 817 | $250,001 | $1,486,100 | Compare |
| Milltown | 817 | $37,500 | $114,200 | 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 Lake Arrowhead With Other Cities
Frequently Asked Questions about Lake Arrowhead
What is the population of Lake Arrowhead, WI?
The population of Lake Arrowhead, WI is 832 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Wisconsin.
What is the median household income in Lake Arrowhead?
The median household income in Lake Arrowhead, WI is $83,125 per year, which is 11% above the national median of $75,149.
What is the median home value in Lake Arrowhead?
The median home value in Lake Arrowhead, WI is $305,200, which is 25% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Arrowhead?
The median monthly rent in Lake Arrowhead, WI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Arrowhead?
The unemployment rate in Lake Arrowhead, WI is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Arrowhead, WI a good place to live?
Lake Arrowhead offers above-average incomes, a competitive housing market, and a strong job market. With a population of 832 and a median age of 68.4, the city appeals to established professionals and retirees.
How educated is Lake Arrowhead, WI?
43.0% of residents in Lake Arrowhead aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lake Arrowhead?
Key cost-of-living indicators for Lake Arrowhead, WI: median home value is $305,200 (25% above national), median rent is $0/month, and median household income is $83,125. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Lake Arrowhead?
The poverty rate in Lake Arrowhead, WI is 2.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Arrowhead, WI?
Lake Arrowhead's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.