Living in Iron Belt, Wisconsin

Cost of living, income, home prices, rent and demographics of Iron Belt · Census data 2020–2024

Iron Belt has 140 residents with a median age of 49.7. The median household income is $57,969 (25% lower than the Wisconsin median), the median home value is $65,400.

Iron Belt is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Iron Belt at a glance

Population
140
Median age
49.7State: 40.2
Median household income
$57,969State: $77,485
Median home value
$65,400State: $266,500
Homeowners
90.7%
Bachelor's degree or higher
7.1%
Average commute
31 min

Is Iron Belt a good place to live?

Pros: Home values 75% lower than the state median; a poverty rate of 3.6%.

Cons: Median household income 25% lower than the Wisconsin median; an average commute of 31 minutes; unemployment of 4.8%.

The weather is best in June to September.

Cost of living in Iron Belt

Housing is the biggest part of the cost of living. In Iron Belt the median home value is $65,400, 80% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $850 a month in housing costs.

Median home value

Iron Belt$65,400
Wisconsin$266,500
United States$332,700

Median monthly rent

Wisconsin$1,087
United States$1,413

Iron Belt median household income

The median household income in Iron Belt is $57,969 and the income per person is $32,851. 3.6% of residents live below the poverty line (Wisconsin: 10.6%).

Median household income

Iron Belt$57,969
Wisconsin$77,485
United States$80,734

Housing in Iron Belt: homes for sale and rent

Housing units
126
Owner-occupied
90.7%
Renter-occupied
9.3%
Vacant
40.5%Includes seasonal homes
Median year built
1956
Average household size
1.87

40.5% of homes are vacant most of the year, a sign that Iron Belt has many vacation and second homes.

Iron Belt demographics

Population
140
Median age
49.7
Under 18
17.1%
65 and older
31.4%
Households
75
Foreign-born
0%
Veterans
14.7%Adults 18+

Race and ethnicity

White92.9%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Iron Belt ›

Education in Iron Belt

7.1% of adults 25 and older in Iron Belt have a bachelor's degree or higher (Wisconsin: 33.4%), and 0.9% have a graduate or professional degree.

Bachelor's degree or higher

Iron Belt7.1%
Wisconsin33.4%
United States35.7%

Jobs and commute in Iron Belt

Unemployment rate
4.8%State: 3.2%
Average commute
31 minState: 22 min
Work from home
1.7%
Drive alone
96.6%
Public transit
0%
Walk to work
0%
Homes with broadband
69.3%

Iron Belt vs nearby towns

TownPopulationMedian incomeHome valueRent
Iron Belt140$57,969$65,400—
Pence149$70,625$115,000—
Montreal909$66,364$97,800$585
Hurley1,354$47,083$86,700$678
Ironwood4,997$41,250$83,100$622
Bessemer1,733$53,523$69,900$546
Birch Hill313$54,875$63,100$465
Ramsay312$54,643$67,700—
Mellen681$41,875$78,100$594

More for people moving to Iron Belt

Iron Belt ZIP code ›Weather and climate ›

Living in Iron Belt: FAQ

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

The median household income in Iron Belt is $57,969, 25% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Iron Belt?

The median home value in Iron Belt is $65,400, compared with $266,500 in Wisconsin.

Is Iron Belt, WI a good place to live?

Pluses: home values 75% lower than the state median; a poverty rate of 3.6%. Minuses: median household income 25% lower than the Wisconsin median; an average commute of 31 minutes; unemployment of 4.8%.

What is the median age in Iron Belt?

The median age in Iron Belt is 49.7 years (Wisconsin: 40.2).

How long is the commute in Iron Belt?

The average commute to work in Iron Belt is 31 minutes; 1.7% of workers work from home.

What is the unemployment rate in Iron Belt?

The unemployment rate in Iron Belt is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Iron Belt?

7.1% of adults in Iron Belt have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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