IncomeBy County

Iron County, Wisconsin

Income Data

U.S. Census Bureau ACS
-18% vs. Wisconsin average
$59,058
Median Household Income
$35,462
Per Capita Income

At a Glance

Median Household Income
$59,058
-18% vs. state avg
Per Capita Income
$35,462
-10% vs. national
Income-to-Housing Ratio
38.1%
income as % of home value
Rank in Wisconsin
#67 / 72
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Iron County Compares

Iron County$59,058
Wisconsin Average$71,715
National Median$74,755

Detailed Income Statistics

$59,058
Median Household Income
$35,462
Per Capita Income
$155,200
Median Home Value
38.1%
Income-to-Housing Ratio

Income Advisory: Iron County

Income Verdict

Iron County has a median household income of $59,058 and per capita income of $35,462 — a gap of $23,596, suggesting a higher share of single-earner or non-family households.

Housing Affordability

With median gross rent at $640/month and a median household income of $59,058, rent consumes approximately 13.0% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $59,058, residents of Iron County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $35,462 is in line with national norms for individual earners.

Neighbor Context

Iron County earns approximately 17.6% below the Wisconsin state median household income of $71,715.

Data Story

About Household Income in Iron County, Wisconsin

Iron County trails national average

Iron County's median household income of $59,058 falls 21% below the national median of $74,755. The gap signals economic pressures that affect household budgeting and wealth-building capacity.

Below-average earner in Wisconsin

Iron County ranks among the lower-income Wisconsin counties, with median household income 17.7% below the state average of $71,715. Few state counties earn substantially less.

Lowest income in regional comparison

Iron County households earn $6,450 less than Jackson County ($65,508) and $6,092 less than Juneau County ($65,150). The regional income disadvantage reflects limited employment diversity and outmigration of younger workers.

Affordable housing relative to income

Iron County's 13.0% rent-to-income ratio is among the state's lowest, showing housing remains accessible despite modest earnings. However, the median home value of $155,200 still requires substantial effort to afford on $59,058 household income.

Prioritize emergency savings first

With limited income, Iron County households should focus on building 3-6 months of emergency savings before investing long-term. Even small, consistent contributions to tax-advantaged savings accounts compound over time and create financial security.

Frequently Asked Questions

What is the median household income in Iron County, Wisconsin?
The median household income in Iron County, Wisconsin is $59,058, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Iron County?
The per capita income in Iron County is $35,462, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $59,058.
How does Iron County compare to the Wisconsin average?
Iron County's median household income of $59,058 is lower than the Wisconsin state average of $71,715. The per capita income is $35,462, compared to the state average of $38,794.
What is the per capita income in Iron County, Wisconsin?
The per capita income in Iron County, Wisconsin is $35,462, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Iron County a low-income area in Wisconsin?
Iron County's median household income of $59,058 is below the Wisconsin average of $71,715. The per capita income of $35,462 is also lower than the state average of $38,794. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Iron County rank for income in Wisconsin?
Iron County ranks #67 out of 72 counties in Wisconsin by median household income (1 = highest). With a median household income of $59,058 and per capita income of $35,462, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Iron County

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1.00x

Your income is above the Iron County median

County median: $59,058 per year

vs. County Median

+0%

vs. State Average

-18%

vs. National Median

-21%

vs. Iron County MedianAbout equal
vs. Wisconsin Average▼ 18% below
vs. National Median▼ 21% below

Income Adequacy

Monthly income covers median rent7.7x

Your monthly income ($4,922) vs. median rent ($640/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Counties with Similar Income Levels

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$59,066
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$59,049
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Randolph County
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$59,047
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$59,074
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$59,076
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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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