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The total population of Oconomowoc is estimated to be 18,178 with 8,690 males (47.81%) and 9,488 females (52.19%). There are 798 more females than males in Oconomowoc.
The median household income in Oconomowoc was $103,675 in 2021, which marked an a decrease of 5,773(5.27%) from $109,448 in 2020. This income is 138.96% 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 sees its highest median household income among householders in the age group of 45 to 64 years old, at $130,385. Overall, the median household income for the city of Oconomowoc stands at $103,675.
In Oconomowoc, the median income for all workers aged 15 years and older, regardless of work hours, was $63,893 for males and $39,390 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $84,292 for males and $62,454 for females.
In Oconomowoc, there are just two different racial groups among households. Among these, White households report a median household income of $106,229, while Black or African American households have a median household income of $18,424.
In 2022, the population of Oconomowoc was 18,505, a 0.54% increase year-by-year from 2021. Previously, in 2021, Oconomowoc's population was 18,405, an increase of 0.89% compared to a population of 18,243 in 2020.
The median age in Oconomowoc, WI is 40.7, as per 2021 ACS 5-Year Estimates. Of the total population, 19.78% were under the age of 15, 16.46% aged 15 to 29, 47.08% aged 30 to 64, 14.37% aged 65 to 84, and 2.30% were 85 years of age and older.
Racial distribution of Oconomowoc population: 95.81% are White, 1.86% are Black or African American, 0.26% are American Indian and Alaska Native, 0.37% are Asian, 0.08% are some other race and 1.62% are multiracial.