Interested in purchasing investment houses in the 54547 zip code in Mercer, WI?
The zip code 54547 is in Iron county with a latitude of -90.101990000000 and longitude of 46.192300000000, is in the state of Wisconsin. The average asking price of houses and condos is $226,303.00 and the average sale price was $196,333.00. this regions is classified as the Duluth - Superior metro area and consists of the following area codes: 534 and 715. The location in degrees is 46° 11' 32.28" N, 90° 6' 7.164" W. The county F.I.P.S. is 55051. The total land area is 217.5 square miles and the water area is 19.3 square miles. The elevation in this area is 1581 - 1732 feet. The zip code is on central standard time and observes daylight savings time.
The zip 54547 is in county number 051 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 1,379 in 2019 and 1,392 in 2010. This further breaks down to 688 males (49.9%) and 691 females (50.1%). The median age of residents is 59.9 years. The population density (people per square mile) is 6. This zip code has a combined total of 2,166 houses and condos. There are 137 rented appartments. 20% of residents rent versus the 20% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $40,370 and the average salary is $28,055. The median household income of individuals is $36,987.00 and the average is $54,200.00. This zip code has a mean commute time to work of 25.0 minutes. The unemployment rate is 7.4%. Income earners by percent breakdown as 66.10% (Under $50,000), 26.10% ($50,000-$100,000), and 7.80% earn over $100,000. 8.5% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 88.5. The educational breakdown is 93.9% have a high school education or higher, 23.1% have a bachelor's degree or higher, and 6.5% have some kind of profesional degree.
This area has 706 households and the average size is 2.0 people. Individuals who are single and have never been married are 19.1%, 59.9% are now married, 0.2% are separated, 8.9% are widowed, and 11.9% are divorced. The average yearly contribution amount given by people to charity was $1,753 versus the state average of $3,370. The percent of residents who gave to charity was 24.7%.
The estimated median value of houses and condos is $250,009. The median monthly owner costs of mortgage holders was $1,288, where as the costs for those who don't have a mortgage are $532. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $2,765. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $3,320. The median housing property tax percent for residents with mortgages was 1.1% which amounted to an average tax amount of $2,572. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $3,106. Reported taxable interest for persons was $864, dividends $3,000, capital gains +$8,938, and itemized deductions $18,488. The average earned income tax credit is $1,382. The percent of individuals that use a tax preparer is 66.2%. The total average income taxes paid by individuals was $7,288. Businesses reported an average profit of $8,900.
Pines Restaurant
5234 N Us Highway 51, Mercer, WI 54547
Heart of the North
5262N Lakeview Ave, Mercer, WI 54547
Ullman's Ding A Ling, Inc.
1711 Us Highway 51, Mercer, WI 54547
Wolf Den
5070 N Us Highway 51, Mercer, WI 54547
Pine Lake Lodge
4345 Hwy Cty G, Mercer, WI 54547
Heart of The North
5262 N Lakeview Rd, Mercer, WI 54547
Cranberry Inn
5491 N Us Highway 51, Mercer, WI 54547
Around the Corner Pub
2633 Railroad St, Mercer, WI 54547
The Pines
5234 Us Highway 51, Mercer, WI 54547
Oasis Cafe
2040 Saarnio Rd, Mercer, WI 54547
Rugger's Landing Bar & Restaurant & Resort
5643 N Us Highway 51, Mercer, WI 54547
Rugger's Landing Bar & Restaurant & Resort
5643 Old Highway 51, Mercer, WI 54547
Antler's Pub
5270 Lakeview Ave, Mercer, WI 54547
Anchor Inn
5221 Old Highway 51, Mercer, WI 54547
Porkys
5203 Old Highway 51, Mercer, WI 54547
Lazy Ace Saloon
1704 Manitowish Rd, Mercer, WI 54547
Dear Lodge
4816w County Road Ff, Mercer, WI 54547
Pines Restaurant & Beer Garden The
5234 N Hwy 51, Mercer, WI 54547
Smarty Pants Deli
5226 N Us Highway 51, Mercer, WI 54547
E & L Cafe
2040 Saarnio Rd, Mercer, WI 54547
Anglers
6101 County Rd W, Manitowish Waters, WI 54545 (10.7 miles away)