The highest point in Minocqua is Squirrel Hill, located near Winter Park (1735 ft). The highest structure in Minocqua is the Lakeland Sanitary District water tower, a steel tank on Hwy 51 North put in place in the 1960s during the winter.
The community of Bo-di-Lac (short for „Booth-Diamond-Lac du Flambeau) is located in the western portion of the town bordered by Squirrel Lake, Diamond Lake, Booth Lake, and the town of Lac du Flambeau.
Tourism plays a substantial role in the economy of Minocqua. As a forested lake community, there are many outdoor summer activities, such as fishing, camping, waterskiing, boating, hiking, bike riding, berry collecting, and swimming.
A business strip runs through the downtown („The Island“), with tourist attractions and shopping. Minocqua’s nightlife includes bars hosting live music in the summer. A Fourth of July parade is presented annually. Events include dancing, live music, fireworks, and a Min-Aqua Bat waterski and boat show.
During the fall, rifle and bow hunting draw many visitors, as does the annual downtown merchants’ Beef-a-Rama held the last Saturday in September. Winter activities include snowmobile festivals, Nordic (cross country) skiing, ice fishing, downhill skiing in nearby hills, snow tubing, sleigh rides, and snowmobiling. Minocqua is home to Minocqua Winter Park, a cross-country skiing venue, as well as a sledding mountain and ice-skating pond.
Minocqua is home to one of the world’s oldest amateur water ski teams, the Min-Aqua Bats. Arts activities include the Tommy O’s Northern Stars Playhouse, the Campanile Center for the Arts, and the annual HMMGG Festival of Arts and Culture.