Mole Lake, WI
Population 507 · Wisconsin
About Mole Lake, WI
Mole Lake is a small community located in Wisconsin with a population of 507 residents according to the latest US Census Bureau American Community Survey data. The median household income is $40,000 per year, which is 47% below the national median of $75,149. The median age of 36.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Mole Lake features a median home value of $133,700, which is 45% below the national median of $244,900. This makes Mole Lake one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $493, 58% below the national average of $1,163/month. Of the 276 total housing units, 39% are owner-occupied (77 units) and 61% are renter-occupied (119 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Mole Lake shows an unemployment rate of 9.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 28.7%, above the national average of 12.4%. Workers in Mole Lake have an average one-way commute time of 13.9 minutes, one of the shorter commutes in the region.
Education & Demographics
2.5% of Mole Lake 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 3.7% White, 78.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.2% of the population being foreign-born.
How Mole Lake Ranks in Wisconsin
Cost of Living in Mole Lake, WI
Compared to national averages, Mole Lake has a median household income of $40,000 (47% below the national median of $75,149). Home values average $133,700, which is 45% below the national median. Monthly rent at $493 is 58% below the US average of $1,163. Within Wisconsin, Mole Lake's income is 45% below the state average of $72,579, and home values are 35% below the state median of $205,802.
Why Live in Mole Lake, WI?
Mole Lake offers affordable housing with a median home value of $133,700, below the US average of $244,900, and rent that’s lower than the national average at $493/month, and short commute times averaging just 13.9 minutes.
Potential considerations include median household income ($40,000) that falls below the national average. However, Mole Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mole Lake has a population of 507 with a median age of 36.2 years. Compare Mole Lake with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Mole Lake
Cities in Wisconsin with a similar population size.
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 Mole Lake With Other Cities
Frequently Asked Questions about Mole Lake
What is the population of Mole Lake, WI?
The population of Mole Lake, WI is 507 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 Mole Lake?
The median household income in Mole Lake, WI is $40,000 per year, which is 47% below the national median of $75,149.
What is the median home value in Mole Lake?
The median home value in Mole Lake, WI is $133,700, which is 45% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Mole Lake?
The median monthly rent in Mole Lake, WI is $493, which is 58% below the national average of $1,163/month.
What is the unemployment rate in Mole Lake?
The unemployment rate in Mole Lake, WI is 9.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mole Lake, WI a good place to live?
Mole Lake offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 507 and a median age of 36.2, the city appeals to a broad range of residents.
How educated is Mole Lake, WI?
2.5% of residents in Mole 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 Mole Lake?
Key cost-of-living indicators for Mole Lake, WI: median home value is $133,700 (45% below national), median rent is $493/month, and median household income is $40,000. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mole Lake?
The poverty rate in Mole Lake, WI is 28.7%, 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 Mole Lake, WI?
Mole Lake's population is 3.7% White, 78.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.8% two or more races. 1.2% of residents are foreign-born.