Interested in purchasing investment houses in the 54550 zip code in Montreal, WI?
The zip code 54550 is in Iron county with a latitude of -90.260600000000 and longitude of 46.362150000000, is in the state of Wisconsin. The average asking price of houses and condos is $186,500.00 and the average sale price was $48,826.00. 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° 21' 43.74" N, 90° 15' 38.16" W. The county F.I.P.S. is 55051. The total land area is 24.0 square miles and the water area is 3.9 square miles. The elevation in this area is 1496 - 1660 feet. The zip code is on central standard time and observes daylight savings time.
The zip 54550 is in county number 051 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 661 in 2019 and 685 in 2010. Of this, the break down in 2019 was 382 urban and 278 rural. This further breaks down to 337 males (51.1%) and 323 females (48.9%). The median age of residents is 44.3 years. The population density (people per square mile) is 28. This zip code has a combined total of 497 houses and condos. There are 53 rented appartments. 17% of residents rent versus the 17% 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 $40,022 and the average salary is $35,157. The median household income of individuals is $33,740.00 and the average is $47,020.00. This zip code has a mean commute time to work of 21.5 minutes. The unemployment rate is 9.1%. Income earners by percent breakdown as 72.20% (Under $50,000), 22.90% ($50,000-$100,000), and 4.90% earn over $100,000. 21.2% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 74.4. The educational breakdown is 98.9% have a high school education or higher, 23.5% have a bachelor's degree or higher, and 5.6% have some kind of profesional degree.
This area has 302 households and the average size is 2.1 people. Individuals who are single and have never been married are 28.7%, 52.5% are now married, 0.2% are separated, 5.0% are widowed, and 13.7% are divorced. The average yearly contribution amount given by people to charity was $900 versus the state average of $3,370. The percent of residents who gave to charity was 8.3%.
The estimated median value of houses and condos is $86,469. The median monthly owner costs of mortgage holders was $813, where as the costs for those who don't have a mortgage are $363. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 6.0.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $1,239. 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 1.4% which amounted to an average tax amount of $1,321. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $1,113. Reported taxable interest for persons was $400, dividends $2,180, capital gains +$1,600, and itemized deductions $18,000. The average earned income tax credit is $2,000. The percent of individuals that use a tax preparer is 58.3%. The total average income taxes paid by individuals was $6,340. Businesses reported an average profit of $4,225.
Joany's Sidekicks
7833 Highway 77, Iron Belt, WI 54536 (0.7 miles away)
Stutzy's Pub
13 Nimikon St, Gile, WI 54525 (5.6 miles away)
The Branding Iron Steakhouse & Pub
214 Silver St, Hurley, WI 54534 (6.3 miles away)
Maplewood Steakhouse
156 E Cloverland Dr, Ironwood, MI 49938 (8.5 miles away)
The Driftwood Edward & Judy Sullivan
9936 County Road A, Saxon, WI 54559 (9.2 miles away)
Teezerz
109 2nd Ave, Bessemer, MI 49911 (13.6 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
