Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Crime
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.
Employment
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.
Housing
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.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Lake Mills, Wisconsin is a small-sized city with a population of 6,132 people. The majority of Lake Mills residents report their race to be White; this is followed by Black and Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Lake Mills is the right fit for you, your one way commute time will average 27 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Lake Mills can be a great experience for anyone moving to the town. Having said that, in the state of Wisconsin, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Lake Mills and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Wisconsin and national averages.
Lake Mills, WI receives 78/100 for its livability score; this results in a ranking of #90 in Wisconsin and #2,427 in the USA. This is a fantastic score, as Lake Mills ranks well in multiple categories! The cherry on top is that Lake Mills also ranks in the top 10 percent of all cities. There are nine total categories that form the livability score. Lake Mills ranks well for crime (A-), cost of living (B), employment (A) and housing (A+) On a more negative note, Lake Mills does not have favorable scores for the following: amenities (F). If we take a look at the data, we can find out why.
Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Lake Mills gets top scores for their low violent crime rates of 119 crimes per 100,000 residents, which are significantly lower than the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lake Mills, the unemployment rate stands at 0.4%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Finding affordable real estate and housing in Lake Mills 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 Mills 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 Mills. Median real estate prices in Lake Mills come in at $354,291, which is 17.6% higher than the Wisconsin average. The home price to income ratio compares the median home prices to the median household income. In Lake Mills, the home price to income ratio is 3.4, which is 8.1% lower than the Wisconsin average.
| Statistic | Lake Mills | Wisconsin | National |
| Average one way commute | 27min | 22min | 26min |
| Workers who drive to work | 78.7% | 80.7% | 76.4% |
| Workers who carpool | 4.6% | 8.3% | 9.3% |
| Workers who take public transit | 0.0% | 1.9% | 5.1% |
| Workers who bicycle | 0.6% | 0.8% | 0.6% |
| Workers who walk | 4.3% | 3.3% | 2.8% |
| Working from home | 10.9% | 4.2% | 4.6% |
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