Median Age
43 Years
Largest Age Group
45-54 Years
Approximately 13% of Residents
Under 20
23%
Over 65
22%
Avg Rent
$1,466
Population
20,234
Renter Mix
31% Rent
Located in the heart of Wisconsin’s Lake Country, Oconomowoc is a city whose name comes from the translation of “where the waters meet” in the Potawatomi language. The area’s many lakes continue to define life in Oconomowoc, from serving as a scenic backdrop to ornate 19th-century houses to providing opportunities for a broad range of outdoor activities and events.
Outdoor recreation abounds on the lakes and land all year in Oconomowoc, from swimming to sledding and everything in between. Oconomowoc boasts a strong sense of community and a healthy appreciation for the arts, with art festivals held year round, including the annual Oconomowoc Festival of the Arts. The Oconomowoc Arts Center also hosts plenty of special events, programs, and show series. Street dances, a weekly farmer’s market, Gallery Night, Badgerland Water Skiing team shows, Free Moonlit Movies, and holiday parades bond the community on a regular basis.
The historic downtown area on Wisconsin Avenue contributes to Oconomowoc’s small-town charm, featuring an array of restaurants, specialty shops, bars, and more. Milwaukee is just a 30-minute drive away, should you crave the big-city bustle.
Median Household Income
$97,724
Average: $116,583
Education
7,508
Residents Have a Degree
Job Market
11,069
Workers Employed
Median Age
43 Years
Largest Age Group
45-54 Years
Approximately 13% of Residents
Under 20
23%
Over 65
22%
Housing Distribution
Oconomowoc has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Oconomowoc, WI is $1,266 for a studio, $1,464 for one bedroom, $1,906 for two bedrooms, and $2,388 for three bedrooms. Apartment rent in Oconomowoc has increased by 0.7% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Oconomowoc, WI is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Public
Grades PK-5
429 Students
Public
Grades PK-5
547 Students
Public
Grades PK-8
279 Students
Public
Grades PK-5
263 Students
Public
Grades K-8
773 Students
Public
Grades PK-8
279 Students
Public
Grades K-8
773 Students
Silver Lake Intermediate School
Public
Grades K-8
595 Students
Public
Grades 9-12
1,662 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.