Okauchee Lake, WI
Population 4,827 · Wisconsin
About Okauchee Lake, WI
Okauchee Lake is a small town located in Wisconsin with a population of 4,827 residents according to the latest US Census Bureau American Community Survey data. The median household income is $129,241 per year, which is 72% above the national median of $75,149. The median age of 48.9 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 Okauchee Lake features a median home value of $473,600, which is 93% above the national median of $244,900. This places Okauchee Lake in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,275, 10% above the national average of $1,163/month. Of the 2,345 total housing units, 89% are owner-occupied (1,765 units) and 11% are renter-occupied (225 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Okauchee Lake shows an unemployment rate of 1.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Okauchee Lake have an average one-way commute time of 21.7 minutes.
Education & Demographics
46.5% of Okauchee Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.6% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.1% Asian residents, with 1.0% of the population being foreign-born.
How Okauchee Lake Ranks in Wisconsin
Cost of Living in Okauchee Lake, WI
Compared to national averages, Okauchee Lake has a median household income of $129,241 (72% above the national median of $75,149). Home values average $473,600, which is 93% above the national median. Monthly rent at $1,275 is 10% above the US average of $1,163. Within Wisconsin, Okauchee Lake's income is 78% above the state average of $72,579, and home values are 130% above the state median of $205,802.
Why Live in Okauchee Lake, WI?
Okauchee Lake offers a strong local economy with a median household income of $129,241, well above the national average, and a strong job market with an unemployment rate of just 1.3%, and a well-educated community where 46.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.9%, better than the national average, and short commute times averaging just 21.7 minutes.
Potential considerations include a competitive housing market where the typical home costs $473,600. However, Okauchee Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Okauchee Lake has a population of 4,827 with a median age of 48.9 years. Compare Okauchee Lake with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Okauchee Lake
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bloomfield | 4,815 | $92,438 | $213,300 | Compare |
| East Troy | 4,689 | $77,698 | $251,500 | Compare |
| Union Grove | 4,968 | $94,621 | $258,100 | Compare |
| Summit | 4,997 | $124,750 | $510,200 | Compare |
| Dodgeville | 5,013 | $72,768 | $234,000 | Compare |
| Wind Lake | 5,028 | $100,306 | $357,500 | Compare |
| Richland Center | 5,030 | $51,472 | $137,700 | Compare |
| Oconto | 4,623 | $62,704 | $133,900 | 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 Okauchee Lake With Other Cities
Frequently Asked Questions about Okauchee Lake
What is the population of Okauchee Lake, WI?
The population of Okauchee Lake, WI is 4,827 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 Okauchee Lake?
The median household income in Okauchee Lake, WI is $129,241 per year, which is 72% above the national median of $75,149.
What is the median home value in Okauchee Lake?
The median home value in Okauchee Lake, WI is $473,600, which is 93% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Okauchee Lake?
The median monthly rent in Okauchee Lake, WI is $1,275, which is 10% above the national average of $1,163/month.
What is the unemployment rate in Okauchee Lake?
The unemployment rate in Okauchee Lake, WI is 1.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Okauchee Lake, WI a good place to live?
Okauchee Lake offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,827 and a median age of 48.9, the city appeals to established professionals and retirees.
How educated is Okauchee Lake, WI?
46.5% of residents in Okauchee Lake 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 Okauchee Lake?
Key cost-of-living indicators for Okauchee Lake, WI: median home value is $473,600 (93% above national), median rent is $1,275/month, and median household income is $129,241. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Okauchee Lake?
The poverty rate in Okauchee Lake, WI is 1.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Okauchee Lake, WI?
Okauchee Lake's population is 1.6% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.1% Asian, and 1.2% two or more races. 1.0% of residents are foreign-born.