Oconomowoc, WI
Population 18,385 · Wisconsin
About Oconomowoc, WI
Oconomowoc is a mid-sized city in Wisconsin with a population of 18,385 residents. The median household income is $105,833 per year, which is above the national average. The median age in Oconomowoc is 43.1 years.
Housing in Oconomowoc has a median home value of $367,700 and median monthly rent of $1,235. Of the 7,934 total housing units, the majority are owner-occupied, with 5,194 owner-occupied and 2,444 renter-occupied units.
The unemployment rate in Oconomowoc is 2.5% and the poverty rate is 7.2%. 46.9% of residents hold a bachelor's degree or higher. The average commute time is 25.4 minutes.
How Oconomowoc Ranks in Wisconsin
Cost of Living in Oconomowoc, WI
Compared to national averages, Oconomowoc has a median household income of $105,833 (41% above the national median of $75,149). Home values average $367,700, which is 50% above the national median. Monthly rent at $1,235 is 6% above the US average of $1,163. Within Wisconsin, Oconomowoc's income is 46% above the state average of $72,579, and home values are 79% above the state median of $205,802.
Why Live in Oconomowoc, WI?
Oconomowoc offers a strong local economy with a median household income of $105,833, well above the national average, and a strong job market with an unemployment rate of just 2.5%, and a well-educated community where 46.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $367,700. However, Oconomowoc’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oconomowoc has a population of 18,385 with a median age of 43.1 years. Compare Oconomowoc with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Oconomowoc
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Menasha | 18,130 | $64,392 | $169,200 | Compare |
| Marshfield | 18,718 | $59,294 | $169,900 | Compare |
| Wisconsin Rapids | 18,756 | $54,116 | $116,600 | Compare |
| Cudahy | 17,964 | $66,717 | $201,000 | Compare |
| Onalaska | 18,909 | $84,898 | $279,100 | Compare |
| Fox Crossing | 18,960 | $74,423 | $228,000 | Compare |
| Kaukauna | 17,237 | $78,353 | $198,800 | Compare |
| Ashwaubenon | 16,931 | $71,180 | $245,100 | 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.
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Frequently Asked Questions about Oconomowoc
What is the population of Oconomowoc, WI?
The population of Oconomowoc, WI is 18,385 according to the latest Census data.
What is the median household income in Oconomowoc?
The median household income in Oconomowoc, WI is $105,833 per year.
What is the median home value in Oconomowoc?
The median home value in Oconomowoc, WI is $367,700.
What is the average rent in Oconomowoc?
The median monthly rent in Oconomowoc, WI is $1,235.
What is the unemployment rate in Oconomowoc?
The unemployment rate in Oconomowoc, WI is 2.5%.