54847 Zip Code

April 19, 2024

Zip Code:	54847
City/Town:	Iron River
State:	Wisconsin

Population:	2,222
Per Capita Income:	$20,438
Mean Household Income:	$45,263

Total Housing Units:	998
Median Home Value:	$88,100
Median Year Homes Built:	1968

Land Area:	164.8 sq miles 426.8 sq kilometers
Water Area:	6.9 sq miles 17.9 sq kilometers

Population Information (54847 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

2,222

Male:

1,140

51.3%

49.2%

Female:

1,082

48.7%

50.8%

Median Age:

48.9 yrs

37.2 yrs

Under 5 years:

103

4.6%

6.5%

5 to 9 years:

105

5.1%

6.6%

10 to 19 years:

242

10.9%

13.8%

20 to 29 years:

161

7.2%

13.8%

30 to 39 years:

200

9.0%

13.0%

40 to 49 years:

343

15.4%

14.2%

50 to 59 years:

435

19.6%

13.6%

60 to 69 years:

335

15.1%

9.4%

70 to 79 years:

183

8.2%

5.4%

80 years and over:

115

5.2%

3.7%

Housing Information (54847 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$88,100

$119,600

Median year homes build:

1968

1971

Median real estate taxes:

$1,581 / yr.

$1,334 / yr.

Median rent:

$307 / mo.

$519 / mo.

Total households:

998

Family households:

659

66.0%

66.4%

Nonfamily households:

339

34.0%

33.6%

Households with individuals under 18 years:

234

23.4%

33.4%

Households with individuals 65 years and over:

341

34.2%

24.9%

Average household size:

2.2

Average family size:

2.7

Total housing units:

2,011

Occupied housing units:

998

49.6%

88.6%

Vacant housing units:

1,013

50.4%

11.4%

For rent:

1.9%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.1%

1.4%

Sold, not occupied:

0.0%

0.3%

For seasonal, recreational, or occasional use:

927

46.1%

3.5%

All other vacants:

1.2%

2.8%

Homeowner vacancy rate:

2.7%

2.4%

Rental vacancy rate:

17.3%

9.2%

Owner-occupied housing units:

816

Population in owner-occupied housing units:

1,896

Average household size of owner-occupied units:

2.3

2.65

Renter-occupied housing units:

182

Population in renter-occupied housing units:

326

Average household size of renter-occupied units:

1.8

2.44

Educational Attainment (54847 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,517

Less than 9th grade:

5.5%

6.2%

9th to 12th grade, no diploma:

124

8.2%

8.7%

High school graduate (includes equivalency):

588

38.8%

29.0%

Some college, no degree:

305

20.1%

20.6%

Associate degree:

128

8.4%

7.5%

Bachelor's degree:

198

13.1%

17.6%

Graduate or professional degree:

5.9%

10.3%

Percent high school graduate or higher:

86.3%

85.0%

Percent bachelor's degree or higher:

19.0%

27.9%

Income Information (54847 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

826

37.2%

50.4%

Median income:

$24,471 / yr.

$27,932 / yr.

Full-time, year-round workers:

370

16.7%

59.7%

Median income:

$30,174 / yr.

$38,349 / yr.

Females 15 years and over with income:

743

33.4%

49.6%

Median income:

$12,354 / yr.

$16,327 / yr.

Full-time, year-round workers:

221

9.9%

40.3%

Median income:

$21,083 / yr.

$28,135 / yr.

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