Interested in purchasing investment houses in the 54542 zip code in Long Lake, WI?
The zip code 54542 is in both Forest and Florence counties with a latitude of -88.719610000000 and longitude of 45.922280000000, is in the state of Wisconsin. The average asking price of houses and condos is $86,500.00 and the average sale price was $49,366.00. this regions is classified as the Marquette metro area and consists of the following area codes: 534 and 715. The location in degrees is 45° 55' 20.208" N, 88° 43' 10.596" W. The county F.I.P.S. is 55037. The total land area is 265.6 square miles and the water area is 4.3 square miles. The elevation in this area is 1453 - 1736 feet. The zip code is on central standard time and observes daylight savings time.
The zip 54542 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 60, and H. Segment 60. The population was 406 in 2019 and 470 in 2010. This further breaks down to 220 males (54.2%) and 186 females (45.8%). The median age of residents is 61.4 years. The population of the greater Iron Mountain, MI-WI area is 31,630. The population density (people per square mile) is 2. This zip code has a combined total of 1,241 houses and condos. There are 19 rented appartments. 8% of residents rent versus the 8% 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 $32,939 and the average salary is $26,312. The median household income of individuals is $37,213.00 and the average is $35,800.00. This zip code has a mean commute time to work of 28.5 minutes. Income earners by percent breakdown as 65.60% (Under $50,000), 27.20% ($50,000-$100,000), and 7.20% earn over $100,000. 12.1% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 86.4. The educational breakdown is 82.3% have a high school education or higher, 9.1% have a bachelor's degree or higher, and 0.3% have some kind of profesional degree.
This area has 236 households and the average size is 1.8 people. Individuals who are single and have never been married are 15.1%, 61.1% are now married, 1.5% are separated, 9.7% are widowed, and 12.6% are divorced. The average yearly contribution amount given by people to charity was $2,167 versus the state average of $3,370. The percent of residents who gave to charity was 13.0%.
The estimated median value of houses and condos is $119,421. The median monthly owner costs of mortgage holders was $907, where as the costs for those who don't have a mortgage are $429. The median number of rooms in houses and condos are 4.8 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $1,408. 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 1.3% which amounted to an average tax amount of $1,251. 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 $1,526. Reported taxable interest for persons was $440, dividends $950, capital gains +$450, and itemized deductions $18,140. The average earned income tax credit is $1,220. The percent of individuals that use a tax preparer is 69.6%. The total average income taxes paid by individuals was $5,300. Businesses reported an average profit of $5,433.
Marohls Brule River Tap
18036 State Highway 55, Long Lake, WI 54542
Roadhouse 139
3322 State Highway 139, Long Lake, WI 54542
Pine Acres Pub
18400 State Highway 55, Long Lake, WI 54542
Grandma Sally's Cafe-Bake Shop
3309 State Highway 139, Long Lake, WI 54542
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