Commonwealth, WI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Commonwealth, WI: Quick Facts & Overview
- Population: 3,257 residents (46 people per sq. mi.)
- Average House Price: $192,966
- Average Household Income: $58,750
Commonwealth, WI is located in the state of Wisconsin. It is home to about 3,257 people, with around 46 residents living in every square mile.
If you want to buy a house in Commonwealth, the average price is around $192,966. That makes local housing 23% lower than the Wisconsin average of $249,904, and 37% lower than the national average of $308,592.
The average household in Commonwealth earns about $58,750 a year. This income is 25% lower than the average family in Wisconsin ($78,109), and 25% lower than the national average ($78,686).
Population
3,257
Median Household Income
$58,750
Median Home Value
$192,966
Median Age
55.0 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $36,488 |
| Labor Force Participation | 49.3% |
| Unemployment Rate | 5.6% |
| Average Commute Time | 18.8 mins |
Housing & Community Metrics
| Home Ownership Rate | 91.0% |
| Median Rent | $731 |
| Rent Burdened (>30% Income) | 33.4% |
| Total Housing Units | 1,580 |
Additional Census & Housing Profile
Geographic Overview
| County | Florence |
| County FIPS | 55037 |
| Metro Area (CBSA) | Iron Mountain, MI-WI |
| Combined Area (CSA) | Marinette-Iron Mountain, WI-MI |
| Population Density | 45.5/sq mi |
| Coordinates (lat/lng) | 45.9136, -88.2401 |
| Timezone | America/Chicago |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.56 |
| Dual Income Families | 32.7% |
Marital Status
| Married | 51.0% |
| Never Married | 22.6% |
| Divorced | 16.3% |
| Widowed | 10.1% |
Gender
| Male | 51.8% |
| Female | 48.2% |
Health & Poverty
| Uninsured Rate (Health) | 6.7% |
| Poverty Rate | 7.0% |
Key Population Groups
| Veterans | 11.1% |
| Disabled Population | 17.7% |
| Limited English Proficiency | 0.1% |
All ZIP Codes in Commonwealth
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 54121 | 3,257 | $58,750 | $192,966 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Florence, WI | 0.9 miles | 488 |
| Kingsford, MI | 10 miles | 5,124 |
| Iron Mountain, MI | 10.5 miles | 7,518 |
| Alpha, MI | 11.2 miles | 215 |
| Crystal Falls, MI | 13.3 miles | 1,719 |
| Quinnesec, MI | 14 miles | 892 |
| Niagara, WI | 14.8 miles | 1,464 |
| Norway, MI | 17.6 miles | 2,833 |
| Gaastra, MI | 20.1 miles | 296 |
| Goodman, WI | 20.8 miles | 170 |
| Caspian, MI | 21.3 miles | 600 |
| Pembine, WI | 22.6 miles | 269 |
| Iron River, MI | 23 miles | 3,002 |
| Amasa, MI | 24.2 miles | 253 |
| Amberg, WI | 30.7 miles | 185 |
| Laona, WI | 32 miles | 631 |
| Hermansville, MI | 33.6 miles | 666 |
| Republic, MI | 35.5 miles | 519 |
| Powers, MI | 37.7 miles | 360 |
| Wabeno, WI | 38.5 miles | 269 |
| Wausaukee, WI | 39.5 miles | 531 |
| Crandon, WI | 39.7 miles | 1,365 |
| Carney, MI | 39.8 miles | 177 |
| Three Lakes, MI | 43.4 miles | 172 |
| Michigamme, MI | 43.7 miles | 229 |
| Daggett, MI | 43.8 miles | 174 |
| Lakewood, WI | 44.4 miles | 182 |
| Three Lakes, WI | 45.4 miles | 410 |
| Covington, MI | 45.7 miles | 112 |
| Gwinn, MI | 46.1 miles | 1,435 |
| Stephenson, MI | 46.1 miles | 902 |
| Mole Lake, WI | 46.4 miles | 533 |
| West Ishpeming, MI | 46.9 miles | 2,851 |
| Ishpeming, MI | 48.2 miles | 6,181 |
| Crivitz, WI | 48.3 miles | 993 |
| Palmer, MI | 48.3 miles | 309 |
| Eagle River, WI | 48.8 miles | 1,528 |
| Negaunee, MI | 50.7 miles | 4,656 |
| K. I. Sawyer, MI | 50.7 miles | 2,817 |