Is Oconomowoc, Wisconsin a Good Place To Live? - Living In Oconomowoc, WI
Is Oconomowoc, Wisconsin a good place to live?
Oconomowoc is a city in Wisconsin state in USA with a population of 16931 residents..
The poverty rate of Oconomowoc is 6.7%, which is 52% lower than national average.
The typical household in Oconomowoc earns $96588 a year, compared to the national median of $67,500.
Nearly 25.1% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Oconomowoc, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Oconomowoc remained 2.8%, which is 40% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Oconomowoc, only 44% of adults have a bachelor's degree and 31% have some college but no degree.
Cost of living in Oconomowoc is 103, which is 3% higher than national average. Median home value in Oconomowoc is $271700 , which is 18% higher than national average. While median income in Oconomowoc remained $96588, which is 43% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Oconomowoc, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Oconomowoc remained 2.8%, which is 40% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Oconomowoc, only 44% of adults have a bachelor's degree and 31% have some college but no degree.
Cost of living in Oconomowoc is 103, which is 3% higher than national average. Median home value in Oconomowoc is $271700 , which is 18% higher than national average. While median income in Oconomowoc remained $96588, which is 43% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
16931
Unemployment
2.8%
Poverty
6.7%
Overall Score
9
Median Home Cost
$271700
18%
NAT AVG.
Median Income
$96588
43%
NAT AVG.
Median Rent
$1015
13%
NAT AVG.
Cost Of Living
103
3%
NAT AVG.
People Living BPL
1 in 15
Unemployed People
1 in 36
People Earning < $10,000
1 in 45
People Earning < $50,000
25.1%
People with <= High School
1 in 4
People With Any Degree
1 in 1.9
Pros & Cons Overview
Jobs90%
Housing85%
Affordability85%
Safety85%
Amenities85%
Diversity40%
Education90%
Commute60%
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