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The median home value in Lake Mills, WI is $432,659 as of 2026-07-31, up 3.89% from a year earlier.
Median Home Value
$432,659
Year-over-Year
+3.89%
Population
6,731
Lake Mills ranks #37 of 124 Wisconsin cities tracked here by median home value, and sits 23.1% above the state's city median of $351,517. It sits in Jefferson County, where the county-wide median is $372,709.
Median household income in Lake Mills is $91,027, so the typical home value is about 4.8× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Lake Mills police recorded a violent crime rate of 119 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 550 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Lake Mills, that value is $432,659. That's up 3.89% from a year earlier. It is about 23.1% above the typical Wisconsin city tracked here.
Homes in Lake Mills are more expensive than Jefferson County as a whole, where the median is $372,709 — a difference of about 16.1%.
Median household income here is $91,027, so the typical home value is about 4.8× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Lake Mills police reported 119 violent crimes per 100,000 residents, covering a population of about 6,731. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.