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Iron River, Wisconsin Demographics & Population 2026

During the 2020–2024 ACS period, Iron River, Wisconsin had a total population of 826, the 434th largest community in Wisconsin, with a median household income of $50,536, which is 35% lower than the state average. The poverty rate is 14.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Iron River Quick Facts

Population 826
Median Household Income $50,536
Median Home Value $171,100
Poverty Rate 14.4%
Unemployment Rate 2.1%
Median Age 46.9 years
Homeownership Rate 64.7%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 21.0%
High School Graduation Rate 91.0%
Diversity Index 27/100
Population 826 434th of 808
Median Income $50,536 bottom 20%
Poverty Rate 14.4% 15% higher than national
Median Home Value $171,100 below average

How Iron River Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population752826+9.8%
Median household income$55,294$50,536-8.6%
Median home value$152,100$171,100+12.5%

How Iron River Compares

Economy & Housing

Household Income Distribution

Under $25K 23.9%
$25K-$50K 25.7%
$50K-$100K 36.4%
$100K+ 14.0%
Detailed income brackets
Under $10K
1.3%
$10K-$15K
11.9%
$15K-$20K
0.0%
$20K-$25K
10.7%
$25K-$30K
7.0%
$30K-$35K
8.6%
$35K-$40K
1.6%
$40K-$45K
3.6%
$45K-$50K
4.9%
$50K-$60K
11.4%
$60K-$75K
8.3%
$75K-$100K
16.6%
$100K-$125K
1.3%
$125K-$150K
3.6%
$150K-$200K
4.4%
$200K+
4.7%

Employment

2.1% Unemployment Rate State: 3.3%|National: 5.2%
49.6% Labor Force Participation

Housing Overview

Owner 64.7%
Renter 35.3%
Affordability Index Affordable
3.4x home value to income ratio
Median gross rent $696/mo 16.5% of median household income annually

People & Demographics

Diversity Index

27out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 37 | National average: 61

Education

Iron River Rankings in Wisconsin

#434 Population of 808
#691 Median Income of 788
#414 Education of 808
#484 Home Value of 799

Other Cities in Bayfield County

CityPopulationMedian IncomePovertyHome Value
Washburn 1,884 $62,128 6.7% $178,900
Bayfield 565 $70,982 8.5% $320,100
Cable 207 $33,333 42.0% $116,200
Port Wing 148 $52,500 28.4% $162,500
Drummond 141 $68,958 24.8% $175,000
Grand View 138 $68,750 14.5% $105,700
Cornucopia 108 $104,375 3.7% $279,400
Mason 93 $71,667 12.9% $112,500
Herbster 83 $50,833 19.3% $275,000

Cities Similar to Iron River

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fountain City835$51,750$169,00028.3%11.3%
Centuria806$49,821$145,6007.1%23.2%
Friendship813$48,631$115,10010.3%34.9%
Shiocton825$60,313$173,7008.3%8.2%
Whitelaw862$57,027$182,80010.7%6.0%

A note before these figures: with a population of 826, Iron River's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Iron River is a small community located in Wisconsin, within Bayfield County. The total population is 826. It ranks as the 434th most populous out of 808 Census-designated places in Wisconsin.

Age Demographics

The median age in Iron River is 46.9 years. This is 17% higher than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Iron River is $50,536. This is 35% lower than the state median of $77,485. It is also 37% lower than the national median of $80,734. The poverty rate stands at 14.4%. This is 36% higher than the state poverty rate of 10.5%. The unemployment rate is 2.1%. This is 36% lower than the state rate of 3.3%. The median home value is $171,100. Housing costs are 36% lower than the state median of $266,500. The home-value-to-income ratio is 3.4x. 64.7% of occupied housing units are owner-occupied. This homeownership rate is 5% lower than the state average of 67.8%.

Race & Ethnicity

The largest racial or ethnic group in Iron River is White (non-Hispanic), making up 85.0% of the population. Hispanic or Latino residents account for 6.4%.

Education

21.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 33.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.0%.

Data Sources & Methodology

All demographic data for Iron River, Wisconsin is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 808 Census-designated places in Wisconsin. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Iron River, Wisconsin?

Iron River, Wisconsin has a population of 826 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Iron River, WI?

The median household income in Iron River is $50,536, which is 37% lower than the national median of $80,734.

What is the poverty rate in Iron River, WI?

The poverty rate in Iron River is 14.4%. This means approximately 116 residents live below the federal poverty line.

What is the racial makeup of Iron River, Wisconsin?

Iron River's population is 85.0% White, 0.0% Black, 6.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Iron River, WI?

The median home value in Iron River is $171,100. The home-value-to-income ratio is 3.4x.

How educated is Iron River, Wisconsin?

21.0% of adults (25+) in Iron River hold a bachelor's degree or higher, and 10.8% hold a graduate or professional degree.