This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Lake Wisconsin, Wisconsin is a small-sized city with a population of 4,573 residents. The majority of Lake Wisconsin residents report their race to be White; this is followed by Black and Asian. Based on an average age of 50, Lake Wisconsin appears to be well-suited for seniors or retirees as the average age is well above the national average. If you are looking for a family friendly city, Lake Wisconsin might be a good fit as 71% of the population over 15 years old are married, and 30% have kids who are 18 years old or younger. Something to be aware of when living in Lake Wisconsin are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 30 minutes, this comes in much higher than the national average of 26 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Lake Wisconsin, Wisconsin could be a fulfilling experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Lake Wisconsin and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, employment and other important metrics.
Lake Wisconsin has a livability score of 65 out of 100 and is ranked #405 in Wisconsin and #11,148 in the USA. There are nine total categories that create the livability score. Lake Wisconsin scores well for crime (A+), employment (A+) and housing (A+) The bad news for Lake Wisconsin, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (D-).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Lake Wisconsin has an unemployment rate of 2.18% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and housing in Lake Wisconsin can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Lake Wisconsin real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lake Wisconsin. The median home price for Lake Wisconsin homes is $349,500, which is 109.3% higher than the Wisconsin average. If we take a closer look at the affordability of homes in Lake Wisconsin, we’ll see that the home price to income ratio is 3.8, which is 22.6% higher than the Wisconsin average.
Statistic | Lake Wisconsin | Wisconsin | National |
Average one way commute | 30min | 22min | 26min |
Workers who drive to work | 79.0% | 80.7% | 76.4% |
Workers who carpool | 8.4% | 8.3% | 9.3% |
Workers who take public transit | 0.0% | 1.9% | 5.1% |
Workers who bicycle | 0.0% | 0.8% | 0.6% |
Workers who walk | 0.7% | 3.3% | 2.8% |
Working from home | 11.5% | 4.2% | 4.6% |