54840 Zip Code Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for the 54840 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for 54840, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

54840 is a zip code in Burnett County and Polk County, Wisconsin, which covers Anderson, Daniels, Grantsburg, Grantsburg, Lincoln, Trade Lake, Union, West Marshland, Wood River, and Sterling, with a total population of 4,742 people.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in 54840 is $63,893.00.

The chart below shows the average household income by age in 54840.

• Under 25
  $66,042.00
• 25 to 44
  $81,563.00
• 45 to 64
  $69,514.00
• 65 and over
  $43,438.00

Average Household Income

A very commonly asked question is "what is the average household income in the 54840 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in 54840 is $82,511.00.

4.05% of households in the 54840 zip code are classed as high income households (making $200,000+ per year).

Household Income Tiers for 54840

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 54840 zip code easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  16.39%
• $25,000 to $49,999
  21.96%
• $50,000 to $74,999
  19.26%
• $75,000 to $99,999
  13.40%
• $100,000 to $149,999
  19.99%
• $150,000 to $199,999
  4.95%
• $200,000 or more
  4.05%

Per Capita Income

The per capita income is the average income of all people in the 54840 zip code. This is calculated by dividing the total income of all people in 54840 by the total number of people in 54840.

It differs from the average or mean household income because it includes all people in 54840 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in the 54840 zip code is $36,505.00.

Population in 54840 by Race and Ethnicity

The total population in 54840 is currently 4,742 people.

The race and ethnicity of the population in 54840 can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in the 54840 zip code.

• 0.20% White
  10
• 96.60% Black/African American
  4,579
• 89.60% Native
  4,251
• 1.30% Hispanic
  63
• 1.10% Asian
  54
• 0.60% Hawaiian/Pacific Islander
  28
• 0.40% Two or more races
  19
• 0.40% Other
  21

Population of 54840 by Age and Gender

Another very important demographics statistic for the 54840 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in the 54840 zip code.

• Master's degree or higher
  6.23%
• Bachelor's degree
  25.42%
• Some college or associate's degree
  11.46%
• High school diploma or equivalent
  54.34%
• Less than high school diploma
  2.55%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 54840 because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 54840 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in the 54840 zip code that are over the age of 16.

The current population in 54840 that are over the age of 16 is 3,920 people.

The unemployment rate in 54840 is 7.70%, which means 192 people are unemployed.

Median Age in 54840

The median age is an interesting metric because it gives us an idea of the age distribution of people in the 54840 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in 54840 is 44.2 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in 54840

44.2

Total

44.8

Male

43.3

Female

Households and Families

There are a total of 1,776 households in 54840, and the average household size is 2.64 people.

For families, the total number is 1,089, and the average family size is 3.32 people.

2.90% of those families in the 54840 zip code are living below the poverty line.

The table below shows the poverty thresholds for 54840 in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in the 54840 zip code for each type, as well as the average sizes.

Housing Data in 54840

There are total of 2,811 housing units in the 54840 zip code. Of those units, 1,776 (63.18%) are occupied, and 1,035 (36.82%) are vacant.

Rental Rates

Of the 2,811 housing units in 54840, 258 (9.18%) are occupied by renters. The median rent paid by renters is $788.00.

Owner occupied housing units make up the remaining 52.79% of housing units, with 1,484 housing units in total.

The table below breaks down how much rent is paid by renters in the 54840 zip code.

• No rent paid
  34
• Less than $500
  44
• $500 to $999
  143
• $1,000 to $1,499
  68
• $1,500 to $1,999
  3
• $2,000 to $2,499
  0
• $2,500 to $2,999
  0
• $3,000 or more
  0

Property Values

The median value of a property in 54840 is $165,200.00.

The table below breaks down the range of valuations for all properties in 54840.

• Less than $50,000
  110
• $50,000 to $99,999
  231
• $100,000 to $149,999
  299
• $150,000 to $199,999
  309
• $200,000 to $299,999
  340
• $300,000 to $499,999
  161
• $500,000 to $999,999
  33
• $1,000,000 or more
  1

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in the 54840 zip code.

• 1939 or earlier
  496
• 1940 to 1949
  134
• 1950 to 1959
  116
• 1960 to 1969
  241
• 1970 to 1979
  531
• 1980 to 1989
  421
• 1990 to 1999
  400
• 2000 to 2009
  384
• 2010 to 2013
  88
• 2014 or later
  0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in 54840 has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  37
• 1 vehicle available
  471
• 2 vehicles available
  632
• 3 or more vehicles available
  636

Commuting to Work in 54840

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of the 54840 zip code, how they commute, and how that correlates to other data points.

The average travel time is 34.2 minutes, and the chart below covers the range of travel times across the population of 54840.

• Less than 5 minutes
  110
• 5 to 9 minutes
  388
• 10 to 14 minutes
  254
• 15 to 19 minutes
  142
• 20 to 24 minutes
  157
• 25 to 29 minutes
  107
• 30 to 34 minutes
  187
• 35 to 39 minutes
  53
• 40 to 44 minutes
  88
• 45 to 59 minutes
  221
• 60 to 89 minutes
  246
• 90 or more minutes
  172

We can also look at the means of transport in 54840 to see which modes of transport people are using to commute to work.

• Drove alone
  1,822
• Carpooled
  195
• Public transportation
  44
• Walked
  38
• Other means
  26
• Worked from home
  154

Conclusion

Hopefully this article has given you the demographics data you were looking for in the 54840 zip code.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 54840.

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