Living the good life
Waukesha, Ozaukee County communities top state’s wealthiest

By Kelly Smith - Special to the Enterprise

Jan. 3, 2019

MERTON — U.S. Census data released earlier this month indicating that several of the state’s wealthiest communities are in Waukesha and Ozaukee counties.

The top spots for both highest household income and home value was Chenequa at $294,231 and $881,000 respectively.

Merton officials recently discussed their village’s rank of number eight for household income ($173,145) and number seven for home value ($443,700) during a municipal meeting.

Those figures came as no surprise to Village President Ron Reinowski.

“I am not surprised because of the residential growth we experienced in the early 2000s,” Reinowski said.

A small (three square miles), iconic Wisconsin village with schools, churches and taverns on its Main Street, Merton’s population has tripled in the past 20 years from about 1,200 in the late 1990s to more than 3,600 today.

The growth has occurred mostly in high-end residential developments that surround downtown commercial and residential neighborhoods, said Village Administrator Tom Nelson.

“We have worked hard to make the village an attractive place to live so we can maintain those property values,” Village Trustee Mark Baral said.

The U.S. Census data is contained in a report issued by the American Community Survey that was distributed to Village Board members Thursday night by Deputy Clerk/Treasurer Julie Ofori-Mattmuller.
 

Highest average home value

The village is one of five Lake Country communities ranking among the top 10 communities in the state with the highest average home value.

They include Chenequa, which is ranked highest in the state with an average home value of $881,000.

Lac La Belle is second highest with $861,100 and Oconomowoc Lake is third with $855,000.

Unincorporated Okauchee is 10th with an average home value of $387,000.

Other Lake Country communities include Summit with an average of $377,300, which ranks 12th; Nashotah with $374,700, which ranks 14th; and Delafield ranking 18th with an average home value of $353,000.

There is more than a $500,000 difference between the value of an average home in Chenequa and the value of an average home in North Bay, which ranks 20th with an average home value of $338,100.

Elm Grove is number 17 at $354,600. Waukesha came in at number 118 with $199,100. The village of Pewaukee is number 104 with $210,400. Muskego is 34th with $283,700.
 

Highest household income

Of the 10 communities in the state with the highest household income, four of them are in Lake Country.

Chenequa is number one with an average household income of $294,231.

Oconomowoc Lake is fourth with $241,525.

Lac La Belle ranks fifth with an average household income of $206,587 and Merton is eighth with $173,145. Rounding out the top 10 is Elm Grove at $167,217.

Other Lake Country communities in the top 20 communities with the highest household income include the Town of Delafield, ranked 12th with $159,774; and the Town of Merton, ranked 19th with $139,439.

There is more than a $350,000 difference in average household income between Chenequa and Brookfield, which ranked 20th with $138,929.

The average household income in the state is about $59,305 and the median home value is about $174,600, according to U.S. Census data.

The Town of Waukesha is number 61 at $114,815. Wales is 34th at $126,418. Delafield is 38th at $123,651.
 

Surrounding counties

In Ozaukee County, only two communities broke the top 20 for average household income. Mequon is number 9 at $172,120. The Town of Cedarburg came in at number 15 with an average of $147,884.

As for home value, Ozaukee County had just one name make the list in the top 20 — Mequon is number 9 again at $388,100. Cedarburg ranked number 31 with an average house value of $289,900.

No Washington County community made the top 20 list for average home value or average household income. For the average household income, the first community shows up at number 36. Richfield’s average is $125,009. The Town of Erin is number 51 at $117,984.

Washington County’s first community on the average home value list is Germantown. The village is number 51 at $255,700.
 

Top 20 household incomes

1. Chenequa, Waukesha County, $294,231

2. River Hills, Milwaukee County, $272,166

3. Maple Bluff, Dane County, $242,115

4. Oconomowoc Lake, Waukesha County, $241,525

5. Middleton, Dane County, $224,289

6. Lac La Belle, Waukesha County, $206,587

7. Shorewood Hills, Dane County, $193,992

8. Merton, Waukesha County, $173,145

9. Mequon, Ozaukee County, $172,120

10. Elm Grove, Waukesha County, $167,217

11. Troy, St. Croix County, $160,322

12. Town of Delafield, Waukesha County, $159,774

13. Whitefish Bay, Milwaukee County, $154,742

14. Fox Point, Milwaukee County, $154,357

15. Town of Cedarburg, Ozaukee County, $147,884

16. Cross Plains, Dane County, $144,961

17. Wind Point, Racine County,

$144,070

18. McMillan, Marathon County, $142,449

19. Town of Merton, Waukesha County, $139,439

20. Brookfield, Waukesha County, $138,929
 

Top 20 home values

1. Chenequa, Waukesha County, $881,000

2. Lac La Belle, Waukesha County, $861,100

3. Oconomowoc Lake, Waukesha County, $855,000

4. Shorewood Hills, Dane County, $643,700

5. River Hills, Milwaukee County, $629,100

6. Maple Bluff, Dane County, $493,000

7. Merton, Waukesha County, $443,700

8. Chain O’ Lakes CDP, Waupaca County, $417,500

9. Mequon, Ozaukee County, $388,100

10. Okauchee Lake CDP, Waukesha County, $387,000

11. Ephraim Village, Door County, $378,100

12. Summit, Waukesha County, $377,300

13. Bayside, Milwaukee County, $375,100

14. Nashotah, Waukesha County, $374,700

15. Whitefish Bay, Milwaukee County, $374,600

16. Fontana-on-Geneva Lake, Walworth County, $359,300

17. Elm Grove, Waukesha County, $354,600

18. Delafield, Waukesha County, $353,000

19. Shorewood, Milwaukee County, $344,100

20. North Bay, Racine County, $388,100

Source: U.S. Census