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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 11.80% |
| Two Bedrooms | 30.30% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $147,900 |
| Median Price asked for vacant units | $147,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.86 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $595 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 16.70% |
| Simple Mortgage | 50.10% |
| Debt Free | 25% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.4% |
