Iron County WI Information

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Iron County Subdivisions

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  1. Iron County 2019 Demographic Data
  2. Growth Rates forIron County (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Wisconsin Research Tools (Easy Tools & Current Data)
  3. Wisconsin Data Comparison Tool - 2019 Demographics

Iron County WI Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Iron County WI Housing Affordability Index is 132
State of Wisconsin Housing Affordability Index is 127
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Iron County WI Wealth Index is 62
State of Wisconsin Wealth Index is 88
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Wisconsin address.

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POPULATION

Total Population 5,690
Population in Households 5,608
Population in Familes 4,193
Population in Group Qrtrs 82
Population Density 8
Diversity Index1 10
 

INCOME

Median Household Income $41,793
Average Household Income $55,515
Per Capita Income $26,812
Wealth Index3 62

HOUSING

Total Housing Units 6,083 (100%)
Owner Occupied HU 2,241 (36.8%)
Renter Occupied HU 503 ( 8.3%)
Vacant Housing Units 3,339 (54.9%)
Median Home Value $138,315
Housing Affordability Index2 132
 

HOUSEHOLDS

Total Households 2,744
Average Household Size 2.04
Family Households 1,622
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.42% -0.55%
Households -0.3% -0.5%
Families -0.47% -0.57%
Median Household Income   2.74%
Per Capita Income   2.85%

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Iron County WI - Peer Comparisons by Rank and Percentile

The table below compares Iron County to the other 72 counties and county equivalents in Wisconsin by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 70 4th
Population Density # 72 1st
Diversity Index # 69 6th
Median Household Income # 66 10th
Per Capita Income # 56 24th

Additional comparisons and rankings can be made with a VERY EASY TO USE Wisconsin Census Data Comparison Tool.

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