54540 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Vilas County
Centroid: Latitude 46.16, Longitude -89.314
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 54540 has segments in 2 Counties (Gogebic, Vilas).

Businesses Addresses: 85
PO Box Addresses: 413
Residential Addresses: 539

Multi-Family Addresses: 15
Single Family Addresses: 524

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: January 29, 2021.

Land O Lakes, WI 54540 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	923 (100%)
Population in Households	921 (99.8%)
Population in Families	685 (74.2%)
Population in Group Quarters¹	2 ( 0.2%)
Population Density	10
Diversity Index²	14


INCOME
Median Household Income	$41,291
Average Household Income	$61,782
% of Income for Mortgage⁴	25%
Per Capita Income	$31,396
Wealth Index⁵	69

HOUSING
Total HU (Housing Units)	1,718 (100%)
Owner Occupied HU	353 (20.5%)
Renter Occupied HU	116 ( 6.8%)
Vacant Housing Units	1,249 (72.7%)
Median Home Value	$245,109
Average Home Value	$298,300
Housing Affordability Index³	103

HOUSEHOLDS
Total Households	469
Average Household Size	1.96
Family Households	277
Average Family Size	2

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.

Land O Lakes, WI 54540 - Peer Comparisons by Rank and Percentile

The table below compares 54540 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	-0.08%	-0.07%
Households	0.13%	0.09%
Families	-0.07%	0.0%
Median Household Income		1.82%
Per Capita Income		2.73%
Owner Occupied HU		0.11%

Variable Description	Rank	Percentile
Total Population	# 640	17th
Population Density	# 713	7th
Median Household Income	# 720	7th
Housing Affordability Index	# 44	6th
Per Capita Income	# 355	54th
Diversity Index	# 402	49th

Land O Lakes, WI 54540 ZIP Code Profile

ZIP Code 54540: Basic Data & USPS Preferred City Name

Land O Lakes, WI 54540 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Land O Lakes, WI 54540 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 54540

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