Median Age
43 Years
Largest Age Group
45-54 Years
Approximately 13% of Residents
Under 20
23%
Over 65
22%
Oconomowoc, WI Area Guide
Avg Rent
$1,537
Population
20,234
Renter Mix
31% Rent
Let life come naturally in this historic lakeside city
Scenic
•
Lakeside
•
Historic
Oconomowoc sits along the shores of several connected lakes in Waukesha County, about 30 miles west of Milwaukee, making it one of the few Wisconsin cities where a kayak is almost as practical as a car. The city carries a small-town rhythm while drawing on a surprisingly strong economic foundation, anchored by corporate names like Generac Power Systems and a growing healthcare and light-industrial sector that keeps the local job market steady year-round. Neighborhoods range from historic streets lined with late-19th-century architecture near downtown to newer subdivisions spreading out toward the surrounding countryside.
The housing mix reflects that range, with traditional single-family homes sitting alongside a growing number of apartment communities, from smaller two- and three-story buildings tucked into established blocks to newer communities offering contemporary finishes near major commuter corridors. Carroll University in nearby Waukesha adds an academic presence to the broader region. Oconomowoc also holds a notable place in history as the site of one of the earliest psychiatric hospitals in the Midwest, Oconomowoc Developmental Training Center, reflecting a long civic tradition of healthcare leadership in the area. The pace of life here feels intentional rather than sleepy, the kind of place where outdoor recreation, a stable economy, and genuine community character all occupy the same zip code.
Explore the City
The vendor tents at the German Christmas Market of Oconomowoc can get quite busy.
Winter does not stop the residents of Oconomowoc from enjoying their lakes.
Demographics
Median Household Income
$97,724
Average: $116,583
Education
7,508
Residents Have a Degree
Job Market
11,069
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Oconomowoc has more homeowners than renters.
Renters
31%
Non-Renters
69%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
32%
Other Education
68%
Rent Trends
As of July 2026, the average apartment rent in Oconomowoc, WI is $1,328 for a studio, $1,537 for one bedroom, $2,014 for two bedrooms, and $2,500 for three bedrooms. Apartment rent in Oconomowoc has increased by 1.5% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,537/month
774 Sq Ft
Learn More About Oconomowoc
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Oconomowoc, WI is for everyday living.
Fairly Walkable
Walkability
40
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Somewhat Bikeable
Bikeability
30
/ 100
Scores provided by
Schools
Public
Grades PK-5
429 Students
Public
Grades PK-5
429 Students
Public
Grades K-8
750 Students
Public
Grades PK-5
547 Students
Public
Grades PK-5
547 Students
Public
Grades K-8
750 Students
Public
Grades PK-8
279 Students
Silver Lake Intermediate School
Public
Grades K-8
595 Students
Public
Grades 9-12
1,662 Students
Public
Grades 9-12
1,662 Students
School data provided by
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
Data provided by
GreatSchools.org
© 2026. All rights reserved.
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
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Parks and Recreation
- Lapham Peak
Military Bases
Airports
- General Mitchell International
Top Apartments in Oconomowoc
Houses for Rent in Oconomowoc
Living in Oconomowoc
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Nearby City Rentals
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Methodology
† 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 June 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.