As a result of these replanting efforts, logging and forestry continue to be an important industry in Three Lakes.

However, over time these family potato farms were replaced by larger corporate commercial enterprises, which are no longer in production.

Three Lakes began growing as a tourist and summer vacation destination in the late 1930s.

The town also has light manufacturing, a winery, an arts center and numerous retail businesses that have diversified its economy.

The town has made substantial investments in developing high speed Internet and broadband capabilities.

Three Lakes Municipal Airport (40D) is located 3 miles (5 km) southeast of the town and provides general aviation services.

Commercial airline service for the community is provided by the Rhinelander-Oneida County Airport.

The center sponsors summer adult art classes taught by local and visiting artists.

[9][10] As part of the Chequamegon-Nicolet National Forest, Three Lakes, Wisconsin has access to hunting, snowmobiling, biking, birdwatching, camping, and hiking trails.

[11][12] Locations in Three Lakes listed on the National Register of Historic Places include: 12.