54871 ZIP Code Profile, Map, Data & Demographics

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: 98
PO Box Addresses: 207
Residential Addresses: 1,420

Multi-Family Addresses: 107
Single Family Addresses: 1,313

Foreclosures in WI 54871

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Shell Lake, WI 54871 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	3,337 (100%)
Population in Households	3,247 (97.3%)
Population in Families	2,602 (78.0%)
Population in Group Quarters¹	90 ( 2.7%)
Population Density	27
Diversity Index²	20


INCOME
Median Household Income	$57,524
Average Household Income	$80,080
% of Income for Mortgage⁴	16%
Per Capita Income	$34,079
Wealth Index⁵	75

HOUSING
Total HU (Housing Units)	1,977 (100%)
Owner Occupied HU	1,103 (55.8%)
Renter Occupied HU	255 (12.9%)
Vacant Housing Units	619 (31.3%)
Median Home Value	$176,867
Average Home Value	$213,781
Housing Affordability Index³	155

HOUSEHOLDS
Total Households	1,358
Average Household Size	2.39
Family Households	874
Average Family Size	3.00

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 769 ZIP Codes in Wisconsin by rank and percentile using July 1, 2022 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	2020-2022	2022-2027
Population	-0.36%	-0.28%
Households	-0.29%	-0.21%
Families		-0.28%
Median Household Income		1.07%
Per Capita Income		2.16%
Owner Occupied HU		0.00%

Variable Description	Rank	Percentile
Total Population	# 359	53rd
Population Density	# 555	28th
Median Household Income	# 622	19th
Housing Affordability Index	# 468	61st
Per Capita Income	# 526	32nd
Diversity Index	# 362	53rd

54871 ZIP Code Profile, Map, Data & Demographics

ZIP Code 54871: Basic Data & USPS Preferred City Name

Shell Lake, WI 54871 Data & Demographics (As of July 1, 2022)

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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