This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Random Lake page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 1,494, so Random Lake should be compared with similar-size places before using broader Wisconsin averages. Median household income is $87,370, so the best affordability read for Random Lake is income versus housing, taxes, utilities, and insurance together.
Median home value is $240,300, so ownership costs in Random Lake should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $865/mo, so renters can compare Random Lake against ownership costs and nearby rental markets.
Housing and Income Context
For Random Lake, income is solid, so housing and taxes usually decide the budget picture. Home values sit in a moderate range where taxes and utilities still change the monthly math.
Use the home value, rent, and income fields together before deciding whether Random Lake looks more favorable for renting, buying, or comparing with Belgium, WI.
Utility Cost Context
The residential electricity benchmark is $0.188/kWh, so Random Lake households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Random Lake is a Wisconsin state-level EIA benchmark, so it should not be read as a local provider tariff.
For Random Lake, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $3,410, so Random Lake buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Random Lake address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Random Lake depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Random Lake, especially when comparing with Belgium, WI.
Population and Demographics
Median age is 42.7, so Random Lake may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 25.4%, so Random Lake education context can be useful when reading labor-market and school sections.
Unemployment is 3.5%, so Random Lake wage and job-market context should be compared with commute options and regional employment centers.
