Iron Belt, WI Profile: Facts & Data

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Iron Belt, Wisconsin - Basic Facts

The Iron Belt Census Designated Place had a population of 163 as of July 1, 2019. Iron Belt ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Wisconsin. See peer rankings below.

The primary coordinate point for Iron Belt is located at latitude 46.4005 and longitude -90.3243 in Iron County. The formal boundaries for the Iron Belt Census Designated Place encompass a land area of 2.45 sq. miles and a water area of 0 sq. miles. Iron County is in the Central time zone (GMT -6). The elevation is 1,555 feet.

The Iron Belt Census Designated Place (GNIS ID: 2586508) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Iron Belt Census Designated Place is located within Town of Knight, a minor civil division (MCD) of Iron County.

Alternate Unofficial Names for Iron Belt: Ironbelt.

Jump to... (On This Page!)
  1. Iron Belt 2019 Demographic Data
  2. Growth Rates for Iron Belt (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

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

HOUSING AFFORDABILITY INDEX

Iron Belt, WI Housing Affordability Index is 224
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 Belt, WI Wealth Index is 81
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 Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Wisconsin COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 163 (100%)
Population in Households 163 (100.0%)
Population in Families 131 (80.4%)
Population in Group Quarters1 0
Population Density 66
Diversity Index2 11
 

INCOME

Median Household Income $47,343
Average Household Income $66,799
Per Capita Income $28,985
Wealth Index4 81

HOUSING

Total Housing Units 130 (100%)
Owner Occupied HU 70 (53.8%)
Renter Occupied HU 6 ( 4.6%)
Vacant Housing Units 54 (41.5%)
Median Home Value $116,667
Housing Affordability Index3 224
 

HOUSEHOLDS

Total Households 76
Average Household Size 2.14
Family Households 51
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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.
  3. 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.
  4. 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 -0.64% -0.75%
Households -0.55% -0.53%
Families 1.12% -0.8%
Median Household Income   3.05%
Per Capita Income   3.06%

Iron Belt, WI - Peer Comparisons by Rank and Percentile

The table below compares Iron Belt to the other 778 incorporated cities, towns and CDPs 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 # 707 9th
Population Density # 752 3rd
Diversity Index # 543 30th
Median Household Income # 604 22nd
Per Capita Income # 383 51st

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

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