Iron River, WI · standard
ZIP Code 54847
Bayfield County, Wisconsin - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,222
- 5/sq mi
- $68,795
- Median income
- $266,600
- Median home value
- 30.9%
- Bachelor's or higher
The verdict
Iron River pairs a below-median household income with above-median home values, in a rural, homeowner-dominated area.
- 45th pct
- household income, US ZIPs
- Top 39%
- home value, US ZIPs
- 5
- people per sq mi
- 80%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 54847 against every reporting US ZIP.
ZIP code 54847 is classified by USPS as a standard delivery area and covers roughly 427.3 square miles in Iron River, Bayfield County, Wisconsin. The area is home to 2,222 residents, producing a population density of 5 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 54847 against Wisconsin and the nation.
On the economic side, the median household income for ZIP 54847 sits at $68,795 (12% below the Wisconsin average), while per-capita income is $44,466. The poverty rate stands at 8.1% and the unemployment rate at 2.8%. On housing, the median home value is $266,600 (7% above the state average) with median rent at $800 per month, and 79.5% of occupied units are owner-occupied, a direct signal of whether 54847 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 30.9% of adults hold a bachelor's degree or higher, the median age is 55.6, and the average commute is 32 minutes. Use the benchmarks above to see where 54847 sits relative to Wisconsin and the national baseline rather than viewing the numbers in isolation. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 54847
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 54847.
- Accommodation and food services
Accommodation and food services
18 establishments
- Retail trade
Retail trade
14 establishments
- Construction
Construction
11 establishments
- Health care and social assistance 6
Health care and social assistance
6 establishments
- Other services (except public administration) 6
Other services (except public administration)
6 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 54847, Iron River, WI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
2,222
Population
427.3
Area (sq mi)
5
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 54847?
55.6
Median Age
48.6%
Male
51.4%
Female
0.8%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$68,795
Median Household Income
-12% vs state
$44,466
Per Capita Income
8.1%
Poverty Rate
2.8%
Unemployment Rate
32.0 min
Mean Commute Time
How ZIP 54847 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$68,795 45th percentile higher than 45% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
2,218
Total Housing Units
1,203
Occupied Units
1,015
Vacant Units
2.16
Avg Household Size
Occupancy Type
$266,600
Median Home Value
+7% vs state
$800
Median Rent
1986
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 77 business establishments in ZIP 54847, employing approximately 531 people with a combined annual payroll of $26,485,000.
77
Businesses
531
Employees
$26.5M
Annual Payroll
9
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Accommodation and food services | 18 | 23.4% |
| Retail trade | 14 | 18.2% |
| Construction | 11 | 14.3% |
| Health care and social assistance | 6 | 7.8% |
| Other services (except public administration) | 6 | 7.8% |
| Manufacturing | 4 | 5.2% |
| Transportation and warehousing | 4 | 5.2% |
| Real estate and rental and leasing | 4 | 5.2% |
| Wholesale trade | 3 | 3.9% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
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Frequently Asked Questions
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ZIP Code Research Guides
Official Data Resources for Iron River, WI
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.