Cost of Living in Lake Wissota, WI

Population 3,103 · Wisconsin · Data vintage 2023

94
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Lake Wissota a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $318,000. Unemployment has stayed elevated relative to the national figure — 6.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Lake Wissota lies roughly 85 miles northeast of the nearest major metro, Rochester — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 11% higher than Rochester's $288,000.

Cost Overview

Housing 104
Rent 78

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Lake Wissota

The median home value in Lake Wissota is $318,300 — 4% above the national median of $305,000. Median rent runs $1,029/month, 22% lower than the national median of $1,314/month. The median household income of $101,445/year is 36% higher than the US median of $74,580. The local unemployment rate is 6.9%, above the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. The climate averages highs of 55.2°F and lows of 34.2°F, with about 55.4" of annual snowfall. Overall, Lake Wissota has a cost of living index of 94 versus the US average of 100, meaning it is 6% less expensive.

🏠 Housing

Median Home Value
$318,300
4% above avg
Median Rent
$1,029/mo
22% below avg
Price-to-Rent Ratio
25.8x
Favors renting
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$712
1 BR
$781
2 BR
$997
3 BR
$1,290
4 BR
$1,448
Owner-occupied 79.5%
Renter-occupied 20.5%

💰 Estimated Monthly Budget

Rent median rent
$1,029
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,643/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.0 min
15% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.8%

Commute Mode

Drove alone
79.3%
Carpooled
4.4%
Walked
0.7%
Bicycle
0.5%
Work from home
9.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.7%
Total Sales Tax 5.4%
State rate 5.0%
Avg local rate 0.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$101,445
36% above avg
Per Capita Income
$62,468
Unemployment Rate
6.9%
44% above avg
Poverty Rate
1.3%
Labor Force Participation
72.1%

🎓 Education

Bachelor's degree+ 28.5%
Graduate degree 7.6%

👥 Demographics

Median Age 48.2
Male median age 48.4
Female median age 47.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.2°F
Avg Low
34.2°F
Annual Precip
33"
Annual Snowfall
55.4"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 232841577079838072584229
Low °F 6921334556605849372513
Precip" 1.031.101.973.083.914.833.614.183.652.491.791.35
Snow" 13.511.29.64.30.40.00.00.00.00.74.711.0

Frequently Asked Questions

What is the cost of living in Lake Wissota, WI?

Lake Wissota has a cost index of 94 (100 = national average). It is 6% below the national average.

What is average rent in Lake Wissota, WI?

The median gross rent in Lake Wissota is $1,029 per month based on 2023 Census data.

What is the average home price in Lake Wissota?

The median home value in Lake Wissota is $318,300 according to 2023 Census ACS data.

What is the median income in Lake Wissota?

The median household income in Lake Wissota is $101,445 per year (2023 ACS 5-year estimates).

What is the sales tax in Lake Wissota, WI?

The combined state and local sales tax rate in Lake Wissota is 5.4%. The Wisconsin state income tax top rate is 7.7%.

Is Lake Wissota, WI affordable?

Lake Wissota is near the national average in terms of cost of living, with an index of 94 (100 = US average).

What is the weather like in Lake Wissota?

Lake Wissota has average high temperatures of 55.2°F and average lows of 34.2°F. Annual precipitation is 33". Average annual snowfall is 55.4". Data from NOAA 1991–2020 Climate Normals.

Lake Wissota at a Glance

Population
3,103
Median Income
$101,445
Home Value
$318,300
Median Rent
$1,029/mo
Unemployment
6.9%
Avg High Temp
55.2°F
Sales Tax
5.4%
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