Town18,203 people

Oconomowoc, WI

Discover how far your salary goes in Oconomowoc. Compare taxes, rent, and living costs.

Cost Index
101
⚖️ Average
Population

18,203

State Tax

7.6%

1BR Rent

$1,134

/month

vs National

-19%

below avg

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Rent Prices in Oconomowoc

🏠

Studio

$907

/month

$10,884/year

Most Common
🛏️

1 Bedroom

$1,134

/month

$13,608/year

🏡

2 Bedroom

$1,531

/month

$18,372/year

🏘️

3 Bedroom

$1,985

/month

$23,820/year

Taxes in Wisconsin

State Income Tax

Wisconsin

7.6%

For a $100k salary, that's ~$7,650/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Oconomowoc, WI?

Oconomowoc has a cost of living index of 101, which is 1% above the national average. A 1-bedroom apartment costs around $1,134/month.

What is the state income tax in Wisconsin?

Wisconsin has a state income tax rate of approximately 7.6%. This is in addition to federal income tax.

How much is rent in Oconomowoc?

The median rent for a 1-bedroom apartment in Oconomowoc is $1,134/month. For a 2-bedroom, expect to pay around $1,531/month. This is 19% below the national average.

Is Oconomowoc a good place to live?

Oconomowoc is a town with a population of 18,203. The cost of living is average, making it about average cost for the US.

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