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The total population of Oconomowoc Lake is estimated to be 691 with 290 males (41.97%) and 401 females (58.03%). There are 111 more females than males in Oconomowoc Lake.
The median household income in Oconomowoc Lake was $258,454 in 2021, which marked an a decrease of 20,015(7.19%) from $278,469 in 2020. This income is 346.43% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Oconomowoc Lake sees its highest median household income among householders in the age group of 45 to 64 years old, at $270,229. Overall, the median household income for the village of Oconomowoc Lake stands at $258,454.
In Oconomowoc Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $126,839 for males and $28,814 for females. However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $239,152 for males, while data for females was unavailable due to an insufficient number of sample observations.
In Oconomowoc Lake, population is primarily represented by White households, reporting a median income of $258,261.
In 2022, the population of Oconomowoc Lake was 585, a 1.21% increase year-by-year from 2021. Previously, in 2021, Oconomowoc Lake's population was 578, an increase of 1.05% compared to a population of 572 in 2020.
The median age in Oconomowoc Lake, WI is 56.1, as per 2021 ACS 5-Year Estimates. Of the total population, 12.10% were under the age of 15, 12.44% aged 15 to 29, 48.04% aged 30 to 64, 26.41% aged 65 to 84, and 1.02% were 85 years of age and older.
Racial distribution of Oconomowoc Lake population: 81.60% are White, 4.09% are Asian and 14.31% are some other race.