54871 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Washburn County
Centroid: Latitude 45.761, Longitude -92.105
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 54871 has segments in 2 Counties (Burnett, Washburn).

Businesses Addresses: 100
PO Box Addresses: 214
Residential Addresses: 1,455

Multi-Family Addresses: 106
Single Family Addresses: 1,349

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

Shell Lake, WI 54871 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	3,154 (100%)
Population in Households	3,088 (97.9%)
Population in Families	2,485 (78.8%)
Population in Group Quarters¹	66 ( 2.1%)
Population Density	26
Diversity Index²	15


INCOME
Median Household Income	$51,698
Average Household Income	$69,289
% of Income for Mortgage⁴	15%
Per Capita Income	$29,065
Wealth Index⁵	70

HOUSING
Total HU (Housing Units)	2,114 (100%)
Owner Occupied HU	1,016 (48.1%)
Renter Occupied HU	306 (14.5%)
Vacant Housing Units	792 (37.5%)
Median Home Value	$178,194
Average Home Value	$215,896
Housing Affordability Index³	167

HOUSEHOLDS
Total Households	1,322
Average Household Size	2.34
Family Households	864
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.

Shell Lake, WI 54871 - Peer Comparisons by Rank and Percentile

The table below compares 54871 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	0.16%	0.04%
Households	0.27%	0.11%
Families	0.1%	0.02%
Median Household Income		2.19%
Per Capita Income		2.61%
Owner Occupied HU		0.27%

Variable Description	Rank	Percentile
Total Population	# 374	52nd
Population Density	# 576	26th
Median Household Income	# 656	15th
Housing Affordability Index	# 290	38th
Per Capita Income	# 551	29th
Diversity Index	# 355	53rd

Shell Lake, WI 54871 ZIP Code Profile

ZIP Code 54871: Basic Data & USPS Preferred City Name

Shell Lake, WI 54871 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Shell Lake, WI 54871 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 54871

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