Oconomowoc Lake is a suburb in the Milwaukee Metropolitan area. It has a population of 585 and a population density of 304, which is 69% above the national average. It has a median age of 47, which is 9 years above the Milwaukee Metro median age and 9 years above the national average.

Oconomowoc Lake has a median home value of $552,200, which is 63% above the Metro average.The average rent of $2,295 is 61% above the metro average rent and 55% above the national average rent. The average household income in Oconomowoc Lake is $216,250 , which is 72% above the Metro average household income and 71% above the national average of household income.

The average school rating in Oconomowoc Lake is 7. Oconomowoc Lake also has a crime index 58 that is below the Metro average and below the National average.

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