Iron River, WI Employment - Median Household Income, Unemployment Rate

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C-

7%

Income/capita NAT. AVG.

19%

Household income NAT. AVG.

31%

Unemployment NAT. AVG.

Index	Iron River	Wisconsin	National
Income per capita	$27,659	$29,253	$29,829
Median household income	$45,000	$54,610	$55,322
Median income owner occupied	$52,717	$69,544	$70,586
Median income renter occupied	$19,318	$31,736	$35,192
Median earnings male	$33,750	$37,342	$36,919
Median earnings female	$25,966	$25,818	$26,250
Unemployment rate	3.2%	3.7%	4.7%
Poverty level	19.8%	12.7%	15.1%

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Key findings

The income per capita in Iron River is 7% lower than the national average
The median household income in Iron River is 19% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Iron River is 31% lower than the national average
The poverty level in Iron River is 31% higher than the national average

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am i middle class

$29,997 $45,000 $90,000

City

$36,403 $54,610 $109,220

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Iron River median earnings by income bracket

Iron River employment by industry

Labour Type	Male	Female
Construction industry	3.1%	3.1%
Manufacturing sector	27.9%	27.9%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	2.3%	2.3%
Public administration	10.9%	10.9%
Transportation, warehousing & utilities	2.3%	2.3%
Education, health & social services	5.4%	5.4%
Other	45.7%	45.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Lake Nebagamon, WI	835	$68,750	24.3%
Brule, WI	201	$53,929	2.5%
Port Wing, WI	167	$49,167	11.1%
Grand View, WI	103	$31,250	43.5%
Iron River, WI	652	$45,000	18.7%

Cities with similar population

City	Population	Household Income	National Avg.
Pangburn, AR	652	$26,678	51.8%
Red Mesa, AZ	652	$61,800	11.7%
Hedrick, IA	652	$50,000	9.6%
Klemme, IA	652	$51,250	7.4%
Linden, IN	652	$50,729	8.3%
Iron River, WI	652	$45,000	18.7%

Source: The Iron River, WI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).