Oconomowoc Lake, WI Real Estate
According to census data in the year 2000 there were 242 housing units in Oconomowoc Lake.
This represents a 12% growth from 216 in 1990.
Of those housing units, 218 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.
Homeownership rate in Oconomowoc Lake is about 92.6%.
Oconomowoc Lake's vacancy rate, including seasonal lodging, is about 16.5%.
Average household size is 2.82 people.
The majority of houses, apartments or condos in Oconomowoc Lake were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.20% |
| Two Bedrooms | 7% |
| Three Bedrooms | 37.20% |
| Four Bedrooms | 31% |
| Five Bedrooms or more | 23.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $713,500 |
| Median Price asked for vacant units | $291,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1941 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.90% |
| Second Mortgage | 10.50% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 36.30% |
| Debt Free | 39.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
