Cost of Living in Okauchee Lake, WI

Population 4,827 · Wisconsin · Data vintage 2023

132
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Okauchee Lake is a smaller Wisconsin community of around 5000 residents, where median household incomes of $129,241 and housing costs ($474,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 1.4% points to a labor market well on the tight side of the national distribution.

Located 25 miles west of Milwaukee, Okauchee Lake falls within that metro's commuting orbit. Median home values run roughly 175% higher than Milwaukee's $172,000.

Cost Overview

Housing 155
Rent 97

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

About the Cost of Living in Okauchee Lake

The median home value in Okauchee Lake is $473,600 — 55% above the national median of $305,000. Median rent runs $1,275/month, 3% lower than the national median of $1,314/month. The median household income of $129,241/year is 73% higher than the US median of $74,580. The local unemployment rate is 1.4%, below 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 57.4°F and lows of 41.3°F, with about 48.7" of annual snowfall. Overall, Okauchee Lake has a cost of living index of 132 versus the US average of 100, meaning it is 32% more expensive.

🏠 Housing

Median Home Value
$473,600
55% above avg
Median Rent
$1,275/mo
3% below avg
Price-to-Rent Ratio
31.0x
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 88.7%
Renter-occupied 11.3%

💰 Estimated Monthly Budget

Rent median rent
$1,275
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,889/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
23.9 min
11% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.9%

Commute Mode

Drove alone
77.1%
Carpooled
4.4%
Public transit
0.2%
Walked
0.4%
Work from home
16.9%

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
$129,241
73% above avg
Per Capita Income
$63,776
Unemployment Rate
1.4%
72% below avg
Poverty Rate
1.9%
Labor Force Participation
66.6%

🎓 Education

Bachelor's degree+ 33.1%
Graduate degree 13.4%

👥 Demographics

Median Age 48.9
Male median age 46.7
Female median age 52.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.4°F
Avg Low
41.3°F
Annual Precip
34.6"
Annual Snowfall
48.7"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313444556777828074614836
Low °F 172029384858656456453323
Precip" 1.791.692.203.863.544.383.403.653.162.782.241.88
Snow" 14.911.86.72.10.00.00.00.00.00.32.510.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
47.5%
Good air days/yr
270
Max AQI recorded
250
PM2.5 days
110
Ozone days

Frequently Asked Questions

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

Okauchee Lake has a cost index of 132 (100 = national average). It is 32% above the national average.

What is average rent in Okauchee Lake, WI?

The median gross rent in Okauchee Lake is $1,275 per month based on 2023 Census data.

What is the average home price in Okauchee Lake?

The median home value in Okauchee Lake is $473,600 according to 2023 Census ACS data.

What is the median income in Okauchee Lake?

The median household income in Okauchee Lake is $129,241 per year (2023 ACS 5-year estimates).

What is the sales tax in Okauchee Lake, WI?

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

Is Okauchee Lake, WI affordable?

Okauchee Lake is above average in cost of living, with an index of 132 — about 32% higher than the national average.

What is the weather like in Okauchee Lake?

Okauchee Lake has average high temperatures of 57.4°F and average lows of 41.3°F. Annual precipitation is 34.6". Average annual snowfall is 48.7". Data from NOAA 1991–2020 Climate Normals.

Okauchee Lake at a Glance

Population
4,827
Median Income
$129,241
Home Value
$473,600
Median Rent
$1,275/mo
Unemployment
1.4%
Avg High Temp
57.4°F
Sales Tax
5.4%
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