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54550

Zip code 54550: Montreal, Wisconsin

Residential delivery areaIron CountyCentral Time
Population
768
Median household income
$65K
U.S. $81K
Median home value
$112K
U.S. $333K
Median rent
$813/mo
U.S. $1,413
Median age
46.7
U.S. 38.9
Land area
27 sq mi
28 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 54550

54550 is a rural zip code in Montreal, Wisconsin (Iron County), covering 27 sq mi of land. About 768 people live here, or 28 per square mile. The median resident is 46.7 years old, compared with 38.9 nationally.

The median household earns $64,583 a year, 20% below the national median of $80,734. 11.2% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $112,200, or 1.7 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 95% of occupied homes are lived in by their owners, and renters pay a median of $813 a month.

24% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 19.9 minutes each way, and 4% of workers work from home. The most common jobs among working residents are in office and administrative support; sales; and production and manufacturing.

How 54550 compares

Sorted from highest to lowest national percentile

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Median age
46.7
Under 18
19.5%
65 and over
19.5%

Race and ethnicity

  • White94%
  • Black0%
  • Hispanic0%
  • Asian0.1%
  • Native American0%
  • Pacific Islander0%
  • Other0%
  • Multiracial6%
Diversity index
11.7
U.S. 61.4
Foreign-born
0.3%
U.S. 14.1%
Born in state
40.6%

Language spoken at home (households)

English only
98%
Spanish
0%
Other Indo-European
0.3%
Asian / Pacific
0.3%
Other
2%

Households

Households
361
Average household size
2.1
Family households
62%
Married couples
48.2%
Living alone
29.9%
Veterans (of adults)
11.6%
Male / female
54% / 46%

Income and poverty

Household income distribution

<$25k
8%
$25–50k
28%
$50–75k
22%
$75–100k
7%
$100–150k
22%
$150–200k
12%
$200k+
0.3%

Median household income

54550
$64,583
Iron Co.
$60,625
Wisconsin
$77,485
United States
$80,734
Per capita income
$37,454
U.S. $44,673
Poverty rate
11.2%
U.S. 12.5%
Households earning $150K+
11.9%
U.S. 23%
Income inequality (Gini)
0.347
U.S. 0.483

Housing

Median home value

54550
$112,200
Iron Co.
$165,900
Wisconsin
$266,500
United States
$332,700

Median gross rent

54550
$813
Iron Co.
$662
Wisconsin
$1,087
United States
$1,413

Types of housing

Single-family
96%
2–4 units
3%
5–19 units
0%
20+ units
0%
Mobile home
0.6%
Boat, RV, van
0%
Housing units
493
Owner-occupied
95.3%
Vacant
26.8%
Median year built
1950
Median rooms
6
Renters paying 30%+ of income
15.4%
Renters paying 50%+ of income
15.4%
Home value to income
1.7× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
88%
Carpooled
5%
Transit
0%
Walked
0.5%
Bicycle
0%
Worked from home
4%
Other
3%

Commute time (one way)

<10 min
13%
10–19
57%
20–29
14%
30–44
3%
45–59
8%
60+
5%
Average commute
19.9 min
U.S. 26.4 min
Unemployment
2%
U.S. 5.2%
In labor force
72.4%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Office and admin
17%
Sales
13%
Production
11%
Education
10%
Construction and repair
9%
Healthcare
7%
Management
5%
Food service
5%
Cleaning and personal care
5%
Transportation and moving
4%
Business and finance
4%
Legal and social services
3%
Police and fire
2%
Engineering and science
2%
Farming, fishing and forestry
1%
Arts, media and sports
0.9%
Computer and math
0.4%

Industries

Manufacturing
18%
Education
14%
Health care and social assistance
13%
Retail
13%
Restaurants and hotels
6%
Finance, insurance and real estate
6%
Admin, support and management
6%
Construction
5%
Public administration
4%
Professional and technical services
4%
Transportation, warehousing and utilities
3%
Agriculture and mining
2%
Arts and recreation
2%
Other services
2%
Wholesale
1%
Information
0.4%
Median earnings per worker
$41,696
U.S. $49,666
Self-employed
13.6%
U.S. 10%
Government workers
22.6%
U.S. 14.5%
Nonprofit workers
8.1%
U.S. 8.8%

Median earnings by type of work

Type of work54550U.S.
Management, business, science and arts$61,875$74,888
Service$16,250$26,804
Sales and office$36,250$40,476
Construction and maintenance$42,625$49,199
Production and transportation$36,481$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
1%
High school
27%
Some college
26%
Associate's
21%
Bachelor's
18%
Graduate
7%
High school graduate or higher
98.6%
Bachelor's degree or higher
24.2%
Graduate or professional degree
6.5%
Households with broadband
91.7%
Cable, fiber or DSL
78.1%
No internet access
7.2%
Without health insurance
8.6%
Limited-English households
0%

Geography

City (USPS)
Montreal
Center point
46.3479° N, 90.2594° W
Land area
27 sq mi
Water area
3.9 sq mi
Time zone
Central Time (UTC-6, UTC-5 in summer)
Zip type
Residential delivery area

Cities and towns within this zip

  • Montreal5% of zip
  • Pence (unincorporated)4% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 54550

ZipCityDistanceIncome
54534Hurley1.7 mi$53,468
54536Iron Belt3.8 mi$57,917
54525Gile6.2 mi$74,375
54565Upson11 mi$38,125
54547Mercer12 mi$63,500
49938Ironwood14 mi$46,606
49911Bessemer14 mi$57,000
54559Saxon15 mi$69,696
49959Ramsay15 mi$47,500
49968Wakefield21 mi$55,759
54846High Bridge22 mi$74,000
54546Mellen24 mi$70,104

Questions about 54550

What city is zip code 54550?

54550 is assigned to Montreal, Wisconsin. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 54550 in?

54550 is in Iron County, Wisconsin.

What is the population of 54550?

About 768 people live in 54550, according to the Census Bureau's American Community Survey.

What time zone is 54550 in?

54550 is in Central Time.

What is the median household income in 54550?

The median household income in 54550 is $64,583.

What zip codes are near 54550?

The closest zip codes to 54550 are 54534, 54536, 54525, 54565, 54547.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 54550, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.