Iron River, Wisconsin Demographics

The total population of Iron River town is estimated to be 1,113 with 511 males (45.91%) and 602 females (54.09%). There are 91 more females than males in Iron River town.
The median household income in Iron River town was $51,860 in 2021, which marked an a decrease of 4,153(7.41%) from $56,013 in 2020. This income is 69.51% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Iron River town sees its highest median household income among householders in the age group of 45 to 64 years old, at $59,450. Overall, the median household income for the town of Iron River town stands at $51,860.
In Iron River town, the median income for all workers aged 15 years and older, regardless of work hours, was $39,552 for males and $22,699 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,964 for males and $55,284 for females.
In Iron River town, there are just three different racial groups among households. Among these, American Indian and Alaska Native households report a median household income of $69,178, followed by White households at $52,417, and Two or More Races households with a median household income of $9,458.
In 2022, the population of Iron River town was 1,281, a 1.99% increase year-by-year from 2021. Previously, in 2021, Iron River town's population was 1,256, an increase of 0.80% compared to a population of 1,246 in 2020.
The median age in Iron River, Wisconsin is 55.5, as per 2021 ACS 5-Year Estimates. Of the total population, 9.92% were under the age of 15, 13.98% aged 15 to 29, 46.62% aged 30 to 64, 24.62% aged 65 to 84, and 4.87% were 85 years of age and older.
Racial distribution of Iron River town population: 93.51% are White, 2.16% are American Indian and Alaska Native and 4.33% are multiracial.