54487 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Lincoln County
Centroid: Latitude 45.475, Longitude -89.727
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 54487 has segments in 2 Counties (Lincoln, Oneida).

Businesses Addresses: 382
PO Box Addresses: 212
Residential Addresses: 5,036

Multi-Family Addresses: 124
Single Family Addresses: 4,912

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.

Tomahawk, WI 54487 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	9,500 (100%)
Population in Households	9,332 (98.2%)
Population in Families	7,428 (78.2%)
Population in Group Quarters¹	168 ( 1.8%)
Population Density	29
Diversity Index²	9


INCOME
Median Household Income	$55,193
Average Household Income	$67,432
% of Income for Mortgage⁴	14%
Per Capita Income	$30,065
Wealth Index⁵	72

HOUSING
Total HU (Housing Units)	7,878 (100%)
Owner Occupied HU	3,548 (45.0%)
Renter Occupied HU	685 ( 8.7%)
Vacant Housing Units	3,645 (46.3%)
Median Home Value	$181,742
Average Home Value	$215,023
Housing Affordability Index³	165

HOUSEHOLDS
Total Households	4,233
Average Household Size	2.2
Family Households	2,803
Average Family Size	3

NOTES

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.
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 races 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.
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.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.

Tomahawk, WI 54487 - Peer Comparisons by Rank and Percentile

The table below compares 54487 to the other 769 ZIP Codes in Wisconsin by rank and percentile using July 1, 2020 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.11%	-0.3%
Households	0.01%	-0.21%
Families	-0.11%	-0.27%
Median Household Income		1.45%
Per Capita Income		1.99%
Owner Occupied HU		-0.17%

Variable Description	Rank	Percentile
Total Population	# 176	77th
Population Density	# 542	30th
Median Household Income	# 494	36th
Housing Affordability Index	# 203	26th
Per Capita Income	# 437	43rd
Diversity Index	# 645	16th

Tomahawk, WI 54487 ZIP Code Profile

ZIP Code 54487: Basic Data & USPS Preferred City Name

Tomahawk, WI 54487 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Tomahawk, WI 54487 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 54487

Use HTL Address Research for a Wisconsin Address and get...

Quick & Easy Ways to...

Wisconsin Census Data Comparison Tool

More Tools and Resources:

COVID-19 Statistics and Data

Lincoln County

Tomahawk Jobs