Oconomowoc is a medium-sized city located in the state of Wisconsin. With a population of 18,379 people and nine constituent neighborhoods, Oconomowoc is the 48th largest community in Wisconsin. Much of the housing stock in Oconomowoc was built relatively recently. The construction of new real estate can often be taken as an indication that the local Oconomowoc economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Oconomowoc, where the median household income is $95,914.00.

Oconomowoc real estate is some of the most expensive in Wisconsin, although Oconomowoc house values don't compare to the most expensive real estate in the U.S.

Telecommuters are a relatively large percentage of the workforce: 11.91% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Oconomowoc is a great place for families with children to consider. First of all, many other families with children live here, making Oconomowoc a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Oconomowoc has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Oconomowoc’s overall crime rate is lower than average for the country.

The education level of Oconomowoc ranks among the highest in the nation. Of the 25-and-older adult population in Oconomowoc, 44.44% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Oconomowoc in 2018 was $46,456, which is wealthy relative to Wisconsin and the nation. This equates to an annual income of $185,824 for a family of four.

The people who call Oconomowoc home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Oconomowoc residents report their race to be White, followed by Black or African-American. Important ancestries of people in Oconomowoc include German, Irish, Polish, Norwegian, and English.

The most common language spoken in Oconomowoc is English. Other important languages spoken here include Polish and Italian.