Iron River, WI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Iron River, WI: Quick Facts & Overview
- Population: 826 residents (51 people per sq. mi.)
- Average House Price: $172,458
- Average Household Income: $50,536
Iron River, WI is located in the state of Wisconsin. It is home to about 826 people, with around 51 residents living in every square mile.
If you want to buy a house in Iron River, the average price is around $172,458. That makes local housing 31% lower than the Wisconsin average of $249,904, and 44% lower than the national average of $308,592.
The average household in Iron River earns about $50,536 a year. This income is 35% lower than the average family in Wisconsin ($78,109), and 36% lower than the national average ($78,686).
Population
826
Median Household Income
$50,536
Median Home Value
$172,458
Median Age
46.9 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $30,034 |
| Labor Force Participation | 49.6% |
| Unemployment Rate | 2.1% |
| Average Commute Time | 27.4 mins |
Housing & Community Metrics
| Home Ownership Rate | 64.7% |
| Median Rent | $696 |
| Rent Burdened (>30% Income) | 38.3% |
| Total Housing Units | 385 |
Additional Census & Housing Profile
Geographic Overview
| County | Bayfield |
| County FIPS | 55007 |
| Metro Area (CBSA) | - |
| Population Density | 51.0/sq mi |
| Coordinates (lat/lng) | 46.5671, -91.4069 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.63 |
| Dual Income Families | 44.0% |
Marital Status
| Married | 45.7% |
| Never Married | 29.9% |
| Divorced | 16.0% |
| Widowed | 8.4% |
Gender
| Male | 47.1% |
| Female | 52.9% |
Health & Poverty
| Uninsured Rate (Health) | 0.9% |
| Poverty Rate | 14.4% |
Key Population Groups
| Veterans | 10.3% |
| Disabled Population | 31.3% |
| Limited English Proficiency | - |
All ZIP Codes in Iron River
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 54847 | 2,607 | $68,795 | $266,388 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Brule, WI | 7.8 miles | 162 |
| Lake Nebagamon, WI | 14.4 miles | 963 |
| Port Wing, WI | 14.5 miles | 148 |
| Drummond, WI | 17.1 miles | 141 |
| Poplar, WI | 17.9 miles | 626 |
| Grand View, WI | 19.9 miles | 138 |
| Cornucopia, WI | 24.5 miles | 108 |
| Solon Springs, WI | 24.8 miles | 649 |
| Washburn, WI | 25.1 miles | 1,884 |
| Ashland, WI | 25.5 miles | 7,902 |
| Cable, WI | 25.9 miles | 207 |
| Gordon, WI | 29.3 miles | 128 |
| Bayfront, WI | 29.6 miles | 135 |
| Marengo, WI | 30.2 miles | 149 |
| Knife River, MN | 31.9 miles | 131 |
| Bayfield, WI | 32.5 miles | 565 |
| Jolmaville, WI | 32.6 miles | 104 |
| Superior, WI | 33.2 miles | 26,677 |
| Diaperville, WI | 33.2 miles | 109 |
| Two Harbors, MN | 34.4 miles | 3,567 |
| New Odanah, WI | 36 miles | 275 |
| Oliver, WI | 37.5 miles | 462 |
| Duluth, MN | 37.6 miles | 119,372 |
| Minong, WI | 38.1 miles | 678 |
| Hayward, WI | 38.7 miles | 2,555 |
| Mellen, WI | 39.3 miles | 681 |
| Rice Lake, MN | 40.5 miles | 4,153 |
| Birch Hill, WI | 40.6 miles | 313 |
| Proctor, MN | 40.8 miles | 3,100 |
| Little Round Lake, WI | 41.3 miles | 1,295 |
| Hermantown, MN | 42.8 miles | 10,218 |
| Chief Lake, WI | 44.8 miles | 660 |
| Wrenshall, MN | 46.5 miles | 404 |
| Esko, MN | 46.8 miles | 1,813 |
| New Post, WI | 47.5 miles | 340 |
| Carlton, MN | 47.9 miles | 875 |
| Scanlon, MN | 49.4 miles | 1,146 |
| Glidden, WI | 49.8 miles | 215 |
| Trego, WI | 50 miles | 142 |
| Stone Lake, WI | 50.4 miles | 127 |