Another notable thing is that Three Lakes is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Three Lakes’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
Because of many things, Three Lakes is a great place for families with children to consider. First of all, many other families with children live here, making Three Lakes 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 town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Three Lakes has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Three Lakes’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
Being a small town, Three Lakes does not have a public transit system used by locals to get to and from work.
The education level of Three Lakes ranks among the highest in the nation. Of the 25-and-older adult population in Three Lakes, 41.75% 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 Three Lakes in 2022 was $34,349, which is lower middle income relative to Wisconsin, and middle income relative to the rest of the US. This equates to an annual income of $137,396 for a family of four. However, Three Lakes contains both very wealthy and poor people as well.
The people who call Three Lakes home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Three Lakes residents report their race to be White. Important ancestries of people in Three Lakes include German, English, Irish, Polish, and Swiss.
The most common language spoken in Three Lakes is English. Other important languages spoken here include Italian and Slavic languages.
