Pewaukee, WI
Population 8,240 · Wisconsin
About Pewaukee, WI
Pewaukee is a small town located in Wisconsin with a population of 8,240 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,380 per year, which is 17% below the national median of $75,149. The median age of 45.3 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 Pewaukee features a median home value of $266,300, which is 9% above the national median of $244,900. This positions Pewaukee in a moderately priced market relative to the rest of the country. Median monthly rent is $1,281, 10% above the national average of $1,163/month. Of the 4,444 total housing units, 59% are owner-occupied (2,570 units) and 41% are renter-occupied (1,776 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Pewaukee shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Pewaukee have an average one-way commute time of 20.3 minutes.
Education & Demographics
42.4% of Pewaukee 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 3.7% White, 1.2% Hispanic or Latino, 0.4% Black or African American, and 1.0% Asian residents, with 2.6% of the population being foreign-born.
Cost of Living in Pewaukee, WI
Compared to national averages, Pewaukee has a median household income of $62,380 (17% below the national median of $75,149). Home values average $266,300, which is 9% above the national median. Monthly rent at $1,281 is 10% above the US average of $1,163. Within Wisconsin, Pewaukee's income is 14% below the state average of $72,579, and home values are 29% above the state median of $205,802.
Why Live in Pewaukee, WI?
Pewaukee offers a strong job market with an unemployment rate of just 2.1%, and a well-educated community where 42.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.4%, better than the national average. Additionally, the city features short commute times averaging just 20.3 minutes.
Potential considerations include median household income ($62,380) that falls below the national average. However, Pewaukee’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pewaukee has a population of 8,240 with a median age of 45.3 years. Compare Pewaukee with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Pewaukee
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Somers | 8,245 | $78,068 | $287,800 | Compare |
| Rhinelander | 8,248 | $53,561 | $123,300 | Compare |
| Sheboygan Falls | 8,190 | $68,264 | $205,400 | Compare |
| Mukwonago | 8,411 | $96,096 | $335,900 | Compare |
| Kronenwetter | 8,420 | $107,268 | $240,700 | Compare |
| Antigo | 8,058 | $46,791 | $94,700 | Compare |
| Lake Geneva | 8,443 | $73,199 | $323,000 | Compare |
| Waukesha | 8,479 | $126,286 | $375,700 | 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 Pewaukee With Other Cities
Frequently Asked Questions about Pewaukee
What is the population of Pewaukee, WI?
The population of Pewaukee, WI is 8,240 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 Pewaukee?
The median household income in Pewaukee, WI is $62,380 per year, which is 17% below the national median of $75,149.
What is the median home value in Pewaukee?
The median home value in Pewaukee, WI is $266,300, which is 9% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pewaukee?
The median monthly rent in Pewaukee, WI is $1,281, which is 10% above the national average of $1,163/month.
What is the unemployment rate in Pewaukee?
The unemployment rate in Pewaukee, WI is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Pewaukee, WI a good place to live?
Pewaukee offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 8,240 and a median age of 45.3, the city appeals to established professionals and retirees.
How educated is Pewaukee, WI?
42.4% of residents in Pewaukee 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 Pewaukee?
Key cost-of-living indicators for Pewaukee, WI: median home value is $266,300 (9% above national), median rent is $1,281/month, and median household income is $62,380. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Pewaukee?
The poverty rate in Pewaukee, WI is 8.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Pewaukee, WI?
Pewaukee's population is 3.7% White, 1.2% Hispanic or Latino, 0.4% Black or African American, 1.0% Asian, and 0.1% two or more races. 2.6% of residents are foreign-born.