B

Oconomowoc, WI

Source:

Affordability Score: 71/100

Population: 33,830 · 1 ZIP codes

The affordability dashboard for Oconomowoc, WI aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 33,830 residents, then layers in county-level federal data to produce an overall grade of B (71/100). The headline inputs are median household income of $113,114, median home value of $427,900, median rent of $1,331 per month, and 48.2% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,338 per month (studio $1,027, 1BR $1,119, 3BR $1,648, 4BR $1,784). Department of Labor data lists infant center-based childcare at $15,236 per year, consuming 13% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Oconomowoc, WI include income, education, rent. Unemployment currently reads 1.6% and poverty 5.8% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A
$113,114
Median household income
Education A-
48.2%
Bachelor's degree or higher
Housing D
3.8x
Home value $427,900 vs income
Commute C
25 min
Average commute time
Rent A+
$1,338/mo
2BR fair market rent (14% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C
$15,236/yr
Center-based infant care (13% of income)

Income & Employment

Median Income
$113,114
▲ 82% vs national
Per Capita Income
$59,435
Unemployment Rate
1.6%
Poverty Rate
5.8%

Housing

Median Home Value
$427,900
▲ 56% vs national
Median Rent
$1,331/mo
Owner Occupied
78.2%
2BR Fair Market Rent
$1,338/mo
▲ 12% vs national

Fair Market Rents by Bedroom

Studio
$1,027
1BR
$1,119
2BR
$1,338
3BR
$1,648
4BR
$1,784

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
48.2%
▲ 18 ppt vs national
High School+
69.7%
Median Age
46.1
Avg. Commute
25 min
▼ 1 min vs national

Childcare Costs

Infant (Center)
$15,236/yr
13% of income
Toddler (Center)
$13,455/yr
Preschool (Center)
$13,455/yr
School-Age (Center)
$10,660/yr

What This Means

Oconomowoc, WI receives an overall affordability grade of B (71/100), aggregated from 1 ZIP codes with a total population of 33,830. This area performs well in income and education and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Oconomowoc, WI affordable?
Oconomowoc, WI receives an overall affordability grade of B (71/100) based on Census, HUD, FBI, and DOL data. Median household income is $113,114. Median home value is $427,900.
What is the cost of living in Oconomowoc?
Key cost metrics: Median rent $1,331/mo. 2BR fair market rent $1,338/mo. Infant childcare $15,236/yr. Median home value $427,900.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →