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Advertise here →Okauchee Lake, WI · Census-designated place
Okauchee Lake, Wisconsin houses and real estate market data.
Houses in Okauchee Lake, WI (Waukesha County) — Census median home value $473,600, county listing prices roughly flat over the past year. Market data for Okauchee Lake houses and the broader area.
Census-designated place · Census GEOID 5559650
FEATURED LISTING: WATERFRONT LAKE HOME FOR SALE
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Okauchee Lake, WI is a Census-designated place in Waukesha County, Wisconsin — this guide covers houses in Okauchee Lake and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,827, with a median household income of $129,241. Census data puts Okauchee Lake houses at a median value of $473,600 (all owner-occupied homes); Waukesha County's current median listing price runs $589,450, roughly flat over the past year.
Info from government sites and builders may have provided source info.
Open map pin ↗ · 43.125867, -88.439173
Market overview
Okauchee Lake housing market
Okauchee Lake is in Waukesha County, Wisconsin. Manifest Census and county price-trend data provide baseline context for houses in Okauchee Lake and the surrounding county market.
Median home value (Census ACS)
$473,600
Population (Census ACS)
4,827
Median household income
$129,241
County price trend (2025)
5.36% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Okauchee Lake market snapshot
Place type
Census-designated place
Population
4,827
County
Waukesha County
Map pin
43.125867, -88.439173
Census GEOID
5559650
Land area
3.73 sq mi
Median Household Income
$129,241
Median Home Value (city)
$473,600
Median Listing Price (Waukesha County)
$589,450
Median Gross Rent
$1,275/mo
Price Trend (YoY)
-0.1%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Okauchee Lake different
Census-designated place
The U.S. Census Bureau lists Okauchee Lake as a Census-designated place in Waukesha County, Wisconsin — a settled community that is not an incorporated city, town, or village. This page uses the same /wisconsin/okauchee-lake/ guide pattern as incorporated places.
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Okauchee Lake's median home value — across all owner-occupied homes, not just recent sales — at $473,600. Separately, Waukesha County's current median listing price (via Realtor.com data, 2026-06-01) runs $589,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Waukesha County's FHFA house price index shows a 5.36% annual change in 2025.
Population & Income
Okauchee Lake has an estimated population of 4,827 and a median household income of $129,241, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Okauchee Lake's Census-reported median home value works out to about 3.7x the area's median household income, and median gross rent runs roughly 12% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Okauchee Lake
County guide: Waukesha County — cities, market context, and local resources for the county that includes Okauchee Lake.
USAHouses.com also helps visitors looking in nearby Waukesha County and other Wisconsin communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Waukesha, Brookfield, New Berlin, Menomonee Falls, Muskego, Oconomowoc, Pewaukee, Sussex.
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Sussex market data
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New construction: New homes near Okauchee Lake (Milwaukee) · Wisconsin new construction.
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Common questions
Okauchee Lake FAQ
What are houses worth in Okauchee Lake, WI?
The Census Bureau's American Community Survey puts the median value of houses in Okauchee Lake at $473,600. Waukesha County's current median listing price runs $589,450, roughly flat over the past year.
How much do houses cost in Okauchee Lake, WI?
For owner-occupied houses in Okauchee Lake, Census ACS data shows a median value of $473,600. Active listing prices in Waukesha County may differ — see the market snapshot above.
What types of houses are in Okauchee Lake, WI?
Okauchee Lake houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Waukesha County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What kind of place is Okauchee Lake, WI?
The U.S. Census Bureau lists Okauchee Lake as a Census-designated place in Waukesha County, Wisconsin — a settled community that is not an incorporated city, town, or village.
What is the population of Okauchee Lake, WI?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Okauchee Lake's population at approximately 4,827.
What's the median rent in Okauchee Lake, WI?
The Census ACS estimates median gross rent in Okauchee Lake at approximately $1,275 per month.
What is the median household income in Okauchee Lake, WI?
Census ACS data puts the median household income in Okauchee Lake at approximately $129,241.
Is the Okauchee Lake housing market growing?
Waukesha County's FHFA house price index shows a 5.36% annual change in 2025.
Is Okauchee Lake, WI affordable relative to income?
Census ACS data puts Okauchee Lake's median home value at about 3.7 times the median household income, with median gross rent equal to roughly 12% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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Where to go next
Nearby USAHouses.com places
Places around Okauchee Lake
USAHouses.com also publishes Census place pages for other communities in the same county as Okauchee Lake.
Same-county Census places with USAHouses.com pages:
- Oconomowoc Lake (~1.6 mi, Waukesha County)
- Chenequa (~2.9 mi, Waukesha County)
- Nashotah (~3.0 mi, Waukesha County)
- Oconomowoc (~3.3 mi, Waukesha County)
- North Lake (~4.2 mi, Waukesha County)
- Delafield (~4.8 mi, Waukesha County)
- Hartland (~5.5 mi, Waukesha County)
- Summit (~5.8 mi, Waukesha County)
- Merton (~6.5 mi, Waukesha County)
- Dousman (~8.3 mi, Waukesha County)
- Wales (~9.0 mi, Waukesha County)
- Pewaukee (~9.6 mi, Waukesha County)
- Lisbon (~9.8 mi, Waukesha County)
- Pewaukee (~10.7 mi, Waukesha County)
- Sussex (~10.8 mi, Waukesha County)
- Waukesha (~12.7 mi, Waukesha County)
NewUSAHouses.com communities
Closest verified new-home communities near Okauchee Lake
Availability and pricing are controlled by the builder and may change; confirm with the builder.
- Olde Highlander — Tim O'Brien Homes · Oconomowoc, Wisconsin · ~3.3 mi
- Prairie Ridge Creek — Tim O'Brien Homes · Oconomowoc, Wisconsin · ~3.3 mi
- Homestead Ridge — Tim O'Brien Homes · Lisbon, Wisconsin · ~9.8 mi
- October Fields — Tim O'Brien Homes · Lisbon, Wisconsin · ~9.8 mi
- Vista Run — Tim O'Brien Homes · Sussex, Wisconsin · ~10.8 mi
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