Lake Geneva, WI
Population 8,443 · Wisconsin
About Lake Geneva, WI
Lake Geneva is a small town located in Wisconsin with a population of 8,443 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,199 per year, which is 3% below the national median of $75,149. The median age of 47.2 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 Geneva features a median home value of $323,000, which is 32% above the national median of $244,900. This positions Lake Geneva in a moderately priced market relative to the rest of the country. Median monthly rent is $1,250, 7% above the national average of $1,163/month. Of the 5,086 total housing units, 51% are owner-occupied (2,069 units) and 49% are renter-occupied (2,026 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lake Geneva shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 12.7%, above the national average of 12.4%. Workers in Lake Geneva have an average one-way commute time of 20.4 minutes.
Education & Demographics
43.2% of Lake Geneva 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 10.1% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 9.2% of the population being foreign-born.
Cost of Living in Lake Geneva, WI
Compared to national averages, Lake Geneva has a median household income of $73,199 (3% below the national median of $75,149). Home values average $323,000, which is 32% above the national median. Monthly rent at $1,250 is 7% above the US average of $1,163. Within Wisconsin, Lake Geneva's income is 1% above the state average of $72,579, and home values are 57% above the state median of $205,802.
Why Live in Lake Geneva, WI?
Lake Geneva offers a well-educated community where 43.2% of residents hold a bachelor’s degree or higher, and short commute times averaging just 20.4 minutes.
Potential considerations include median household income ($73,199) that falls below the national average. However, Lake Geneva’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Geneva has a population of 8,443 with a median age of 47.2 years. Compare Lake Geneva with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Lake Geneva
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kronenwetter | 8,420 | $107,268 | $240,700 | Compare |
| Mukwonago | 8,411 | $96,096 | $335,900 | Compare |
| Waukesha | 8,479 | $126,286 | $375,700 | Compare |
| Delavan | 8,531 | $71,121 | $194,500 | Compare |
| Monona | 8,604 | $87,784 | $390,400 | Compare |
| Rhinelander | 8,248 | $53,561 | $123,300 | Compare |
| Somers | 8,245 | $78,068 | $287,800 | Compare |
| Pewaukee | 8,240 | $62,380 | $266,300 | 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 Geneva With Other Cities
Frequently Asked Questions about Lake Geneva
What is the population of Lake Geneva, WI?
The population of Lake Geneva, WI is 8,443 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 Lake Geneva?
The median household income in Lake Geneva, WI is $73,199 per year, which is 3% below the national median of $75,149.
What is the median home value in Lake Geneva?
The median home value in Lake Geneva, WI is $323,000, which is 32% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Geneva?
The median monthly rent in Lake Geneva, WI is $1,250, which is 7% above the national average of $1,163/month.
What is the unemployment rate in Lake Geneva?
The unemployment rate in Lake Geneva, WI is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Geneva, WI a good place to live?
Lake Geneva offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 8,443 and a median age of 47.2, the city appeals to established professionals and retirees.
How educated is Lake Geneva, WI?
43.2% of residents in Lake Geneva 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 Geneva?
Key cost-of-living indicators for Lake Geneva, WI: median home value is $323,000 (32% above national), median rent is $1,250/month, and median household income is $73,199. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Lake Geneva?
The poverty rate in Lake Geneva, WI is 12.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lake Geneva, WI?
Lake Geneva's population is 10.1% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 0.8% two or more races. 9.2% of residents are foreign-born.