Iron River, WI

Census Place

2024 Population

826

US Senator

Ron Johnson

Republican Party

US Senator

Tammy Baldwin

Democratic Party

2024 Median Age

46.9

15% 1-year decrease

2024 Poverty Rate

14.4%

57.5% 1-year increase

2024 Median Household Income

$50,536

8.6% 1-year decline

2024 Median Property Value

$171,100

Population & Diversity

Iron River, WI is home to a population of 826 people, from which 100% are citizens.

As of 2024, 0.484% of Iron River, WI residents were born outside of the country (4 people).

In 2024, there were 15.6 times more White (Non-Hispanic) residents (702 people) in Iron River, WI than any other race or ethnicity. There were 45 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 28 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Iron River, WI residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Iron River, WI was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Iron River, WI compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Iron River, WI

White (Non-Hispanic)
702 ± 105
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
45 ± 30
Two Races Including Other (Hispanic)
28 ± 27

6.42%

Hispanic Population

53 people

6.42% of the people in Iron River, WI are hispanic (53 people).

The following chart shows the 8 races represented in Iron River, WI as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Wisconsin.

Most Common Origin

Mexico
90,085 ± 7,313 people
India
22,216 ± 3,653 people
China
14,090 ± 2,911 people

In 2024, the most common birthplace for the foreign-born residents of Wisconsin was Mexico, the natal country of 90,085 Wisconsin residents, followed by India with 22,216 and China with 14,090.

Foreign-Born Population

0.484%

2024 Foreign-Born Population

4 people

0.133%

2023 Foreign-Born Population

1 people

As of 2024, 0.484% of Iron River, WI residents (4 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Iron River, WI was 0.133%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Iron River, WI compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
27 ± 22
Gulf War (1990s)
15 ± 13
Gulf War (2001-)
6 ± 17

Iron River, WI has a large population of military personnel who served in Vietnam, 1.8 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Iron River, WI.

Economy

The economy of Iron River, WI employs 328 people. In 2024, the largest industries in Iron River, WI were Retail Trade (65 people), Health Care & Social Assistance (62 people), and Manufacturing (48 people), and the highest paying industries were Public Administration ($69,688), Manufacturing ($63,125), and Construction ($43,839).

Employment

Occupations

328

2024 Value

± 83

16.3%

1 Year growth

± 32.1%

From 2023 to 2024, employment in Iron River, WI grew at a rate of 16.3%, from 282 employees to 328 employees.

The most common job groups, by number of people living in Iron River, WI, are Sales & Related Occupations (59 people), Healthcare Support Occupations (38 people), and Construction & Extraction Occupations (36 people). This chart illustrates the share breakdown of the primary jobs held by residents of Iron River, WI.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Wisconsin.

This chart shows weekly unemployment insurance claims in Wisconsin (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

328

2024 Value

± 83

16.3%

1 Year growth

± 32.1%

From 2023 to 2024, employment in Iron River, WI grew at a rate of 16.3%, from 282 employees to 328 employees.

The most common employment sectors for those who live in Iron River, WI, are Retail Trade (65 people), Health Care & Social Assistance (62 people), and Manufacturing (48 people). This chart shows the share breakdown of the primary industries for residents of Iron River, WI, though some of these residents may live in Iron River, WI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$52,857

Median earning men ± $19,046

$35,500

Median earning women ± $16,123

The industries with the best median earnings for men in 2024 are Manufacturing ($64,375), Construction ($52,500), and Retail Trade ($21,875).

The industries with the best median earnings for women in 2024 are Manufacturing ($60,833), Finance & Insurance, & Real Estate & Rental & Leasing ($41,667), and Retail Trade ($35,938).

Housing & Living

The median property value in Iron River, WI was $171,100 in 2024, which is 0.514 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $152,100 to $171,100, a 12.5% increase. The homeownership rate in Iron River, WI is 64.7%, which is lower than the national average of 65.2%.

People in Iron River, WI have an average commute time of 27.4 minutes, and they drove alone to work. Car ownership in Iron River, WI is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$171,100

Median Property Value 2024

±$15,638

$249

Median Property Taxes

±$51

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Iron River, WI the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Iron River, WI compared to it's parent and neighbor geographies.

Rent vs Own

64.7%

Homeownership

2024

67.7%

Homeowners with Mortgage

2024

In 2024, 64.7% of the housing units in Iron River, WI were occupied by their owner. This percentage declined from the previous year's rate of 72%.

This chart shows the percentage of owner in Iron River, WI compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$50,536

Median Household Income

± $11,386

385

Number of Households

± 82

In 2024, the median household income of the 385 households in Iron River, WI declined from $50,536 from the previous year's value of $55,294.

The following chart displays the households in Iron River, WI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Iron River, WI is from Wisconsin.

0.439

2024 Wage GINI in Wisconsin

0.441

2023 Wage GINI in Wisconsin

In 2024, the income inequality in Wisconsin was 0.439 according to the GINI calculation of the wage distribution. Income inequality had a 0.364% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Wisconsin was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Wisconsin in comparison to the national average.

This chart shows the number of workers in Wisconsin across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (73.3%)
Worked At Home (11.3%)
Carpooled (10.6%)

In 2024, 73.3% of workers in Iron River, WI drove alone to work, followed by those who worked at home (11.3%) and those who carpooled to work (10.6%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

27.4 minutes

Average Travel Time

Using averages, employees in Iron River, WI have a longer commute time (27.4 minutes) than the normal US worker (26.4 minutes). Additionally, 1.45% of the workforce in Iron River, WI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Iron River, WI compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Iron River, WI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Iron River, WI have 2 cars.

Poverty

Poverty & Diversity

14.4% of the population for whom poverty status is determined in Iron River, WI (116 out of 807 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Males 55 - 64 and then Females 55 - 64.

The most common racial or ethnic group living below the poverty line in Iron River, WI is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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