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North Lake

Learn about the people, housing, costs and businesses in North Lake, Wisconsin

Median Home$473,600
Median Rent$1,505/month
Population252
Leading IndustriesWholesale Trade · Retail · Information & Media12% wholesale trade
Home Value Growth⬆⬆⬆+22.7% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners92% of occupied units
NotableHigh Incomes$97k/year · top 19% nationally
North Lake
WI

Frequently Asked Questions

What are today's mortgage rates in North Lake?

As of today, the 30-year fixed mortgage rate for North Lake is approximately 6.828% (6.862% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in North Lake?

The median home value in North Lake is $474k. The median monthly rent is $1,505. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Lake?

Home values in North Lake have increased 22.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in North Lake?

Based on a typical all-in ownership cost of $1,666/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Lake is $97k/year.

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What industries drive the economy in North Lake?

The largest employment sectors in North Lake are retail (17%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.