Iron River, WI demographics:
population, income, and more

Total population
544
6.2% year-over-year change
Median household income
$68,795/yr
1.2% year-over-year change
Housing units
463
2.0% year-over-year change

Iron River population

How many people live in Iron River

Iron River is home to 544 residents, according to the most recent Census data. Gender-wise, 48.5% of Iron River locals are male, and 51.3% are female.

Total population
544
6.2% year-over-year change
Gender ratio
Male
48.5%
264
Female
51.3%
279
Value Percent YoY change
Male 264 48.5% 6.5%
Female 279 51.3% 5.7%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Iron River is 56, with the population distributed as follows: about 13.2% are children under 15, then 8.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 17.6% of the population, while another 33.1% fall into the 45 to 64 bracket. Finally, around 27.8% are 65 or older.

Median age
55.6
Age breakdown
Under 15
13.2%
15 to 24
8.3%
25 to 44
17.6%
45 to 64
33.1%
Over 65
27.8%
Value Percent YoY change
Under 15 72 13.2% 12.5%
15 to 24 45 8.3% 12.5%
25 to 44 96 17.6% 9.1%
45 to 64 180 33.1% 10.4%
Over 65 151 27.8% -3.8%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Iron River, 98.9% of the population are US-born citizens, while 0.7% have gained naturalized citizenship. At the same time, 0.4% of residents are non-citizens. As for race, 91.9% of locals are Caucasian, 0.6% are African American and 0.4% have Asian roots. There’s also a share of 5.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.9%
Non-U.S.-born citizens
0.7%
Non-citizens
0.4%
Value Percent YoY change
U.S.-born citizens 537 98.9% 5.9%
Non-U.S.-born citizens 4 0.7% 0.0%
Non-citizens 2 0.4% 100.0%
Racial breakdown
White
91.9%
Black or African American
0.6%
American Indian and Alaska Native
2%
Asian
0.4%
Native Hawaiian and other Pacific Islander
0%
Two or more races
5.2%
Other
0%
Value Percent
White 500 91.9%
Black or African American 3 0.6%
American Indian and Alaska Native 11 2%
Asian 2 0.4%
Two or more races 28 5.2%

Households in Iron River

A peek inside Iron River households

Iron River has 251 households, with an average of 2 members in each. Of these, 66.9% are families, while the remaining 33.1% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
251
2.0% year-over-year change
Average people per household
2
Non-family households
83
Family households
168
Value Percent YoY change
Non-family households 83 33.1% 2.5%
Family households 168 66.9% 1.8%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Iron River

The housing landscape of Iron River

Iron River's housing consists of 463 units, with 86.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.2% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4.6% of the housing landscape.

Housing units
463
2.0% year-over-year change
Housing types
Value Percent
1 unit, detached 401 86.8%
1 unit, attached 1 0.2%
2 units 6 1.3%
3 or 4 units 3 0.6%
5 to 9 units 3 0.6%
10 to 19 units 21 4.6%
20 to 49 units 5 1.1%
Mobile home 21 4.6%
Boat, RV, van, etc. 1 0.2%
Homes built since 2020
4
0.0% year-over-year change

The age of buildings in Iron River

In Iron River, the median construction year is 1986. About 11.7% of homes were built before the 1940s, with another 6.1% going up by 1949. Most development happened in the second half of the 20th century. Then, 22.5% of homes were added from 2000 to 2009, 9.5% between 2010 and 2019, and 0.9% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 54 11.7% 14.9%
Built between 1940 and 1949 28 6.1% -3.5%
Built between 1950 and 1959 44 9.5% 12.8%
Built between 1960 and 1969 35 7.6% -2.8%
Built between 1970 and 1979 36 7.8% -18.2%
Built between 1980 and 1989 55 11.9% -8.3%
Built between 1990 and 1999 58 12.6% 1.8%
Built between 2000 and 2009 104 22.5% 6.1%
Built between 2010 and 2019 44 9.5% 12.8%
Built in 2020 or later 4 0.9% 0.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Iron River occupancy rates

Out of the 251 occupied housing units in Iron River, 79.3% are owner-occupied, while 20.7% are lived in by tenants. Meanwhile, 45.8% of all homes on the local market sit vacant.

Occupied housing units
251
2.0% year-over-year change
Occupancy breakdown
Renter occupied
52
Owner occupied
199
Value Percent YoY
change
Renter occupied 52 20.7% 10.6%
Owner occupied 199 79.3% 0.0%
Unoccupied housing units
45.8%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Iron River housing costs

Housing costs in Iron River come to a median of $902 per month, while tenants specifically pay a median gross rent of $800.

Median housing costs per month
$902/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Iron River
$800/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Iron River

Iron River education at a glance

About 35.2% of the population in Iron River went to high school, while 22.4% pursued college studies. Another 11.8% earned an associate degree and 19.1% hold a bachelor’s. Meanwhile, 10.4% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 5 1.1% 0.0%
High school diploma 159 35.2% 10.4%
College diploma 101 22.4% 3.1%
Associate degree 53 11.8% 0.0%
Bachelor's degree 86 19.1% 4.9%
Graduate degree 47 10.4% 2.2%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Iron River

How much people earn in Iron River

The average annual household income in Iron River was $96,057 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -0.4% change from the previous year. At the same time, the median income stood at $68,795, reflecting a +1.2% shift over the same period.

Average household income in Iron River
$96,057/year
-0.4% year-over-year change
Median household income in Iron River
$68,795/year
1.2% year-over-year change

Iron River income by age

In Iron River, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $69,125. Those with someone between 45 and 64 in charge, often well established professionally, earn $99,844 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $26,912, while those led by someone over 65, many of whom may be retired, have about $52,361 in earnings. Overall, 91.8% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $26,912 N/A
25 - 44 $69,125 -3.3%
45 - 64 $99,844 -1.4%
Over 65 $52,361 13.2%
Above poverty level
493
Below poverty level
44
Value Percent YoY
change
Above poverty level 493 91.8% 3.1%
Below poverty level 44 8.2% 46.7%

Average renter income in Iron River

To get a better sense of what renters earn on average in Iron River, their median household income was $22,067 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 43.5%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$22,067
Rent-to-income ratio
43.5%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Iron River

Workforce and job types in Iron River

73.2% of the working population are employed in professional or administrative positions, while 26.8% are in hands-on or service-based jobs. Also, 9.6% run their own businesses, 65.5% are employed by private companies, and 14% work in the public sector.

Workforce demographics

White collar
167
Blue collar
61
Value Percent YoY change
White collar 167 73.2% 9.2%
Blue collar 61 26.8% -1.6%
Employer type
Self employees
9.6%
Private companies
65.5%
Governmental workers
14%
Not for profit companies
10.9%
Value Percent YoY change
Self employees 22 9.6% 10.0%
Private companies 150 65.5% 4.2%
Governmental workers 32 14% 10.3%
Not for profit companies 25 10.9% 19.1%

Transportation in Iron River

How people get around in Iron River

Commuting methods vary: 98% of residents travel by personal vehicle and 1.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 194 98% 7.2%
Bus or trolleybus 1 0.5% 0.0%
Walk 3 1.5% 0.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Iron River by zipcode?

Zipcode Population Number of households Median income Average income
54847 2,607 1,203 $68,795 $96,058

Explore more communities

FAQs about Iron River demographics 

What is the total population of Iron River?

Iron River has a total population of 544 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +6.2% compared to a year ago.

What is the gender ratio in Iron River?

The gender ratio in Iron River is as follows:
  • 48.5% males (264 residents)
  • 51.3% females (279 residents)

What is the median age in Iron River?

The median age in Iron River is 55.6.

What is the age distribution of the population in Iron River?

The age distribution in Iron River is as follows:
  • Under 15: 13.2% (72 residents)
  • Ages 15-24: 8.3% (45 residents)
  • Ages 25-44: 17.6% (96 residents)
  • Ages 45-64: 33.1% (180 residents)
  • Over 65: 27.8% (151 residents)

What is the racial and ethnic makeup of Iron River?

The racial and ethnic makeup of Iron River is as follows:
  • White: 91.9% (500 residents)
  • Black or African American: 0.6% (3 residents)
  • American Indian and Alaska Native: 2% (11 residents)
  • Asian: 0.4% (2 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 5.2% (28 residents)
  • Other: 0% ( residents)

What percentage of the population in Iron River are U.S.-born citizens?

U.S.-born citizens represent 98.9% of the population in Iron River.

How many housing units are there in Iron River?

There are 463 housing units in Iron River, reflecting a +2.0% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Iron River and what is the average household size?

Iron River has a total of 251 households, with an average of 2 people in each.

What is the median household income in Iron River?

Iron River has a median household income of $68,795, representing a +1.2% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Iron River?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 73.2% (167 residents)
  • Blue-collar workers: 26.8% (61 residents)

Places of employment:
  • Self-employed: 9.6% (22 residents)
  • Private companies: 65.5% (150 residents)
  • Governmental workers: 14% (32 residents)
  • Not-for-profit companies: 10.9% (25 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025