Lake Mills, WI Real Estate

According to census data in the year 2000 there were 2,076 housing units in Lake Mills. This represents a 19.7% growth from 1,735 in 1990.

Of those housing units, 1,935 were located in either urbanized areas or urban clusters, and 141 were located in what is classified as a rural area.

Homeownership rate in Lake Mills is about 68.4%. Lake Mills's vacancy rate, including seasonal lodging, is about 6.8%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Lake Mills were built after 1961.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom8.30%
Two Bedrooms32%
Three Bedrooms42.90%
Four Bedrooms13.50%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1956
Median Value of occupied units$129,100
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size1.81
Median year structure was built1970
Median Monthly Rent asked for vacant units$650

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage11%
Home Equity Loan15.50%
Simple Mortgage42.10%
Debt Free30.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.9%