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: 378
PO Box Addresses: 194
Residential Addresses: 5,109

Multi-Family Addresses: 123
Single Family Addresses: 4,986

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2021, Maps updated: May 5, 2021.

Tomahawk, WI 54487 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	9,457 (100%)
Population in Households	9,289 (98.2%)
Population in Families	7,373 (78.0%)
Population in Group Quarters¹	168 ( 1.8%)
Population Density	29
Diversity Index²	9


INCOME
Median Household Income	$56,644
Average Household Income	$69,981
% of Income for Mortgage⁴	15%
Per Capita Income	$31,291
Wealth Index⁵	72

HOUSING
Total HU (Housing Units)	7,871 (100%)
Owner Occupied HU	3,591 (45.6%)
Renter Occupied HU	635 ( 8.1%)
Vacant Housing Units	3,645 (46.3%)
Median Home Value	$204,014
Average Home Value	$239,279
Housing Affordability Index³	150

HOUSEHOLDS
Total Households	4,226
Average Household Size	2.2
Family Households	2,782
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 771 ZIP Codes in Wisconsin by rank and percentile using July 1, 2021 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	2010-2021	2021-2026
Population	-0.14%	-0.28%
Households	-0.01%	-0.17%
Families	-0.17%	-0.25%
Median Household Income		2.42%
Per Capita Income		2.54%
Owner Occupied HU		-0.06%

Variable Description	Rank	Percentile
Total Population	# 177	77th
Population Density	# 545	29th
Median Household Income	# 514	33rd
Housing Affordability Index	# 149	19th
Per Capita Income	# 417	46th
Diversity Index	# 639	17th

Tomahawk, WI 54487 ZIP Code Profile

ZIP Code 54487: Basic Data & USPS Preferred City Name

Tomahawk, WI 54487 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Tomahawk, WI 54487 - Peer Comparisons by Rank and Percentile

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