According to statistics, the population in Oconomowoc, WI amounts to 16,450, which shows decline 1% compared to the previous year. The median age of the city’s residents is 38. The average household income is $74,675, shifting growth 2% from the past year, and the average property value in Oconomowoc, WI growth 2% to $245,000 throughout the year.
|Number Of Employees||8,470|
|Median Property Value||$245,000|
The average household income in Oconomowoc, WI grew from $73,500 to $74,675 in the past year. This data is an estimate based upon 6,592 households in Oconomowoc, WI . The chart below presents how household income is distributed in Oconomowoc, WI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Oconomowoc, WI shifted from $239,400 to $245,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Oconomowoc, WI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Oconomowoc, WI properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Oconomowoc, WI compared to median property taxes around the country. The prevalent amount of property taxes in Oconomowoc, WI equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|2 bed for sale||$571,357||+3%|
|3 bed for sale||$411,531||-35.8%|
|4+ bed for sale||$771,221||-11.1%|
During Aug 2022, the average price for an apartment in/near Oconomowoc, WI decreased by 25.5% to $554,657.
Asking price for 2-bed apartment also increased by 3% and a place of this size will now cost you $571,357. A 3-bed apartment goes for $411,531, it decreased by 35.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 11.1% and made it down to $771,221.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$534,905||-36.8%|
|Condos for sale||$679,940||+6.4%|
|Land for sale||$576,300||+134%|
Price reports demonstrate that house price decreased by 36.8% this month making it up to $534,905. Condos are really in demand in this season. The median price for a condo increased by 6.4%, it’s now available for $679,940.