City

Lake Mills, WI

1 ZIP code  ·  Jefferson County  ·  Wisconsin

👥9,485Population
💰$89,841Median HH Income▲ 18% above avg
🎂40.8Median Age
🏠$322,700Median Home Value▲ 16% above avg
🎓53.7%College Grads▲ 39% above avg
📊0.6%Unemployment▼ 87% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 52.3% Female 47.7% ♀

Race & Ethnicity

White: 90%Hispanic: 6.2%Black: 0.9%Asian: 0.3%Other: 2.7%Race
White90.0%
Hispanic6.2%
Black0.9%
Asian0.3%
Other2.7%

Age Breakdown

Under 5
4%
5–17
19%
18–24
7%
25–44
25%
45–64
27%
65+
9%

Key Indicators

Median Age40.8 yrs
Avg HH Size2.62
Below Poverty5.5% ▼ 45% below avg
College Grads53.7% ▲ 39% above avg
Unemployment0.6% ▼ 87% below avg
No HS Diploma19 (0.3%)
HS Graduate1,327 (20.7%)
Some College753 (11.7%)
Associates873 (13.6%)
Bachelors558 (8.7%)
Graduate Degree2,892 (45%)

Education

No HS: 0.3%HS Grad: 20.7%Some College: 11.7%Associates: 13.6%Bachelors: 8.7%Graduate: 45%Edu
No HS0.3%
HS Grad20.7%
Some College11.7%
Associates13.6%
Bachelors8.7%
Graduate45.0%
Housing & Income

Housing Tenure

Owner: 76.2%Renter: 23.8%Tenure
Owner76.2%
Renter23.8%

Home Value Distribution

Under $50k
3%
$50k–$100k
1%
$100k–$150k
2%
$150k–$200k
8%
$200k–$300k
31%
$300k–$500k
39%
Over $500k
17%

Financials

Median HH Income$89,841 ▲ 18% above avg
Median Home Value$322,700 ▲ 16% above avg
Home/Income Ratio3.6x (nat avg ~3.5x)
Median Rent$1,089/mo
Total Housing Units4,048
Vacant Units447

Income Distribution

Under $25k
7%
$25k–$50k
10%
$50k–$75k
20%
$75k–$100k
19%
$100k–$150k
19%
$150k–$200k
15%
Over $200k
11%
Employment & Commute

How People Get to Work

Drove Alone
83%
Walked
1%
Work From Home
15%

Commute Time

Under 15 min
39%
15–30 min
21%
30–45 min
22%
Over 45 min
18%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
8%
1960s–1970s
9%
1980s–1990s
19%
2000+
63%
About Lake Mills, WI

Lake Mills is a city in Wisconsin, located in Jefferson County. The city spans 1 ZIP code and is home to approximately 9,485 residents. It is a middle-aged city, with a median age of 40.8 years.

Economically, Lake Mills is a middle-income community. The median household income of $89,841 is above the national average. Approximately 5.5% of residents live below the poverty line. The unemployment rate is 0.6%, well below the national average.

The real estate market in Lake Mills is a mid-range housing market. Median home values stand at $322,700, which is above the national average. Renters typically pay around $1,089 per month. Homeownership is high at 76.2%, typical of suburban and family-oriented communities.

The population of Lake Mills is well-educated. 53.7% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (89.99%).

Lake Mills, WI offers residents above-average earning potential within Wisconsin.

ZIP Codes in Lake Mills
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
53551 9,485 $89,841 $322,700 $1,089 0.6% 53.7% 76.2%