54847 ZIP Code – Iron River, Wisconsin

54847 is a small ZIP code in Iron River, Wisconsin, part of Bayfield County with a population of approximately 2,310 residents. The median household income is $68,646 — near the Wisconsin average and near the national average. Median home values of $232,400 are near the national average, with 79.5% owner-occupied housing (increasing). . Median rent is $963, which is near the U.S. average. Housing consists of 84% single-family (decreasing), 7% apartments (increasing).

At 3.3%, the unemployment rate is below the national figure. The poverty rate of 6.0% is well below the U.S. average. An estimated 31.2% of adults hold a bachelor's degree or higher, above the national average. The median age is 56.9, above the national median. ZIP codes in the surrounding area include 54820, 54865, 54854.

ZIP Code 54847 Data

Population 2,310
Median Household Income $68,646
Median Home Value $232,400
Median Rent $963
Median Age 56.9
Unemployment Rate 3.3%
Poverty Rate 6.0%
Bachelor's Degree or Higher 31.2%
State Wisconsin

ZIP 54847 vs. Wisconsin vs. U.S.

MetricZIP 54847WI Avg.U.S. Avg.
Population2,3107,54110k
Median Household Income$68k$73k$73k
Median Home Value$232k$215k$258k
Median Rent$963$888$1,088
Median Age56.944.943.2
Unemployment Rate3.3%3.3%5.0%
Poverty Rate6.0%9.8%13.3%
Bachelor's Degree or Higher31.2%25.2%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
54820 BRULE 799 $63,125
54865 PORT WING 539 $56,000
54854 MAPLE 902 $77,500
54849 LAKE NEBAGAMON 1,864 $75,625
54856 MASON 1,644 $66,958