Iron River, WI
Full City Profile · Wisconsin · Bayfield County County
Iron River, WI
At a Glance
How Iron River Compares to the U.S. Average
Each bar shows Iron River's value as a percentage of the national average (100% = U.S. avg)
Is Iron River a Good Place to Live?
Economy & Jobs
Iron River residents earn a median household income of $55,294 , which is 26% below the national average of $75,149. Per capita income is $35,067. The unemployment rate stands at 2.4% (33% below the U.S. rate of 3.6%). 8.1% of residents live below the poverty line. The area is home to 578 business establishments, including 102 restaurants.
Housing & Cost of Living
The median home value in Iron River is $152,100 , 46% below the national median of $281,900. Zillow estimates the typical home at $296,571. Median rent is $653/month, with 22.8% of renters spending more than 30% of income on housing. The cost of living index is 94.1 (100 = national average). The median home was built in 1984.
Safety & Crime
Iron River reports 76 violent crimes per 100,000 residents , which is 80% below the national average of 380/100K. Property crime is 992/100K.
Education
24.8% of adults in Iron River hold a bachelor's degree or higher (26% below the national average). 90.0% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Iron River has an average annual temperature of 41°F (5°C). Winters average 11°F in January while summers reach 67°F in July. Annual precipitation totals 33.4 inches.