Lake Lorraine, WI
Population 251 · Wisconsin
About Lake Lorraine, WI
Lake Lorraine is a small community located in Wisconsin with a population of 251 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,208 per year, which is 27% below the national median of $75,149. The median age of 37.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lake Lorraine features a median home value of $194,500, which is 21% below the national median of $244,900. This positions Lake Lorraine in a moderately priced market relative to the rest of the country. Median monthly rent is $933, 20% below the national average of $1,163/month. Of the 134 total housing units, 70% are owner-occupied (79 units) and 30% are renter-occupied (34 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Lorraine shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.9%, above the national average of 12.4%. Workers in Lake Lorraine have an average one-way commute time of 27.3 minutes.
Education & Demographics
21.7% of Lake Lorraine residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 6.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Lake Lorraine, WI
Compared to national averages, Lake Lorraine has a median household income of $55,208 (27% below the national median of $75,149). Home values average $194,500, which is 21% below the national median. Monthly rent at $933 is 20% below the US average of $1,163. Within Wisconsin, Lake Lorraine's income is 24% below the state average of $72,579, and home values are 5% below the state median of $205,802.
Why Live in Lake Lorraine, WI?
Lake Lorraine offers affordable housing with a median home value of $194,500, below the US average of $244,900, and rent that’s lower than the national average at $933/month.
Potential considerations include median household income ($55,208) that falls below the national average. However, Lake Lorraine’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Lorraine has a population of 251 with a median age of 37.4 years. Compare Lake Lorraine with other cities to see how it stacks up, or explore all cities in Wisconsin.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lake Lorraine
What is the population of Lake Lorraine, WI?
The population of Lake Lorraine, WI is 251 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 Lorraine?
The median household income in Lake Lorraine, WI is $55,208 per year, which is 27% below the national median of $75,149.
What is the median home value in Lake Lorraine?
The median home value in Lake Lorraine, WI is $194,500, which is 21% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Lorraine?
The median monthly rent in Lake Lorraine, WI is $933, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Lake Lorraine?
The unemployment rate in Lake Lorraine, WI is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Lorraine, WI a good place to live?
Lake Lorraine offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 251 and a median age of 37.4, the city appeals to a broad range of residents.
How educated is Lake Lorraine, WI?
21.7% of residents in Lake Lorraine 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 Lake Lorraine?
Key cost-of-living indicators for Lake Lorraine, WI: median home value is $194,500 (21% below national), median rent is $933/month, and median household income is $55,208. The home-value-to-income ratio is 3.5x, a moderate figure by national standards.
What is the poverty rate in Lake Lorraine?
The poverty rate in Lake Lorraine, WI is 13.9%, 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 Lorraine, WI?
Lake Lorraine's population is 6.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.8% of residents are foreign-born.