Oconomowoc, WI Real Estate

According to census data in the year 2000 there were 5,263 housing units in Oconomowoc. This represents a 21% growth from 4,350 in 1990.

Of those housing units, 5,253 were located in either urbanized areas or urban clusters, and 10 were located in what is classified as a rural area.

Homeownership rate in Oconomowoc is about 62.4%. Oconomowoc's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Oconomowoc were built after 1967.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom11.80%
Two Bedrooms30.30%
Three Bedrooms41.50%
Four Bedrooms13.90%
Five Bedrooms or more1.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1961
Median Value of occupied units$147,900
Median Price asked for vacant units$147,500

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1974
Median Monthly Rent asked for vacant units$595

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.90%
Home Equity Loan16.70%
Simple Mortgage50.10%
Debt Free25%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.4%