54545 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Vilas County
Centroid: Latitude 46.088, Longitude -89.822
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 54545 has segments in 2 Counties (Iron, Vilas).

Businesses Addresses: 106
PO Box Addresses: 279
Residential Addresses: 545

Multi-Family Addresses: 0
Single Family Addresses: 545

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

Manitowish Waters, WI 54545 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	757 (100%)
Population in Households	757 (100.0%)
Population in Families	598 (79.0%)
Population in Group Quarters¹	0
Population Density	13
Diversity Index²	7


INCOME
Median Household Income	$52,976
Average Household Income	$70,534
% of Income for Mortgage⁴	27%
Per Capita Income	$36,059
Wealth Index⁵	93

HOUSING
Total HU (Housing Units)	1,653 (100%)
Owner Occupied HU	325 (19.7%)
Renter Occupied HU	62 ( 3.8%)
Vacant Housing Units	1,266 (76.6%)
Median Home Value	$344,531
Average Home Value	$438,846
Housing Affordability Index³	99

HOUSEHOLDS
Total Households	387
Average Household Size	1.96
Family Households	255
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.

Manitowish Waters, WI 54545 - Peer Comparisons by Rank and Percentile

The table below compares 54545 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	0.31%	0.24%
Households	0.55%	0.31%
Families	0.39%	0.23%
Median Household Income		0.97%
Per Capita Income		2.18%
Owner Occupied HU		0.37%

Variable Description	Rank	Percentile
Total Population	# 664	14th
Population Density	# 682	12th
Median Household Income	# 561	27th
Housing Affordability Index	# 41	5th
Per Capita Income	# 160	79th
Diversity Index	# 699	9th

Manitowish Waters, WI 54545 ZIP Code Profile

ZIP Code 54545: Basic Data & USPS Preferred City Name

Manitowish Waters, WI 54545 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Manitowish Waters, WI 54545 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 54545

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