54840 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 54840, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

54840 is a zip code in Burnett County and Polk County, Wisconsin, which covers Anderson, Daniels, Grantsburg, Grantsburg, Lincoln, Trade Lake, Union, West Marshland, Wood River, and Sterling, with a total population of 4,624 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 54840 zip code. The most basic data is the total population, which is the total number of people living in 54840.

The estimated population of people living in 54840 is 4,624, with a median age of 42.9.

We can look back at data from previous years to see how the population in the 54840 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
4,624
+6.06%
+6.89%
2020
4,360
 -0.71% -
2019
4,391
 -0.05% -
2018
4,393
+1.55%
-
2017
4,326
 - -

Population of 54840 by Race and Ethnicity

How much has the race and ethnicity of the population in the 54840 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
91.3%
93.1%
 -1.93%
Black/African American
0.8%
0.5%
 +60.00%
Native
0.4%
2.1%
 -80.95%
Hispanic
2.9%
1.1%
 +163.64%
Asian
0.3%
0.4%
 -25.00%
Hawaiian/Pacific Islander
0.1%
0%
 0.00%
Two Or More Races
4%
2.8%
 +42.86%
Other
0.3%
0%
 0.00%

This data can be very important for anybody studying the 54840 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 54840 by Age and Gender

We can also monitor the change of the age and gender in the 54840 zip code to track track trends in the population over time.

We can see how the population in 54840 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 42.9 -4.45% 43.5 -5.84% 42.7 -1.84%
2020 44.9 -3.23% 46.2 +0.22% 43.5 -7.05%
2019 46.4 +0.43% 46.1 +1.1% 46.8 -0.21%
2018 46.2 -1.07% 45.6 -1.94% 46.9 -0.42%
2017 46.7 - 46.5 - 47.1 -

The median age of the 54840 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 54840 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 232 +36.84% 219 +21.21% 319 266
10 to 19 300 +9.44% 222 -0.17% 326 221
20 to 29 199 -18.19% 185 +40.8% 165 264
30 to 39 220 +45.55% 252 +7% 332 269
40 to 49 298 -18.96% 241 -1.26% 245 237
50 to 59 404 -10.22% 334 -9.65% 363 301
60 to 69 297 +31.9% 303 0.19% 402 303
70+ 293 -10.89% 327 +8.07% 262 349

Median Household Income

The latest median household income for the 54840 zip code is $57,873.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 54840.

  • Under 25
    $58,750.00
  • 25 to 44
    $69,514.00
  • 45 to 64
    $62,647.00
  • 65 and over
    $39,167.00

Average Household Income

Whenever we ask what is the average household income in the 54840 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 54840, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 54840 is currently $69,287.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

2.59% of households in 54840 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 54840 against other zip codes.

  • Less than $24,999
    19.89%
  • $25,000 to $49,999
    22.20%
  • $50,000 to $74,999
    21.38%
  • $75,000 to $99,999
    13.22%
  • $100,000 to $149,999
    16.64%
  • $150,000 to $199,999
    4.08%
  • $200,000 or more
    2.59%

Per Capita Income

The per capita income in 54840 is $29,966.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 54840 by the total population of 54840.

This is different from the average or mean income because it includes and accounts for all people living in the 54840 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 54840 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    7.44%
  • Bachelor's degree
    25.07%
  • Some college or associate's degree
    13.27%
  • High school diploma or equivalent
    52.20%
  • Less than high school diploma
    2.01%

Employment

Employment rates are all based around the total population in 54840 that are over the age of 16.

Currently, the total population of the 54840 zip over the age of 16 is 3,726.

Of those people, a total of 63.30% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 54840 is 58.70%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 54840 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 234 62.80% 27.90%
20 to 24 years 197 84.30% 4.80%
25 to 29 years 232 90.10% 1.40%
30 to 34 years 261 86.60% 6.20%
35 to 44 years 575 88.20% 9.70%
45 to 54 years 551 80.60% 0.70%
55 to 59 years 360 75.30% 7.00%
60 to 64 years 438 54.80% 14.20%
65 to 74 years 518 25.50% 0.80%
75 years and over 360 4.40% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 54840. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 3,519 63.50% 6.70%
Black or African American 34 64.70% 100.00%
American Indian and Alaska Native 19 52.60% 0.00%
Asian 13 84.60% 0.00%
Native Hawaiian and Other Pacific Islander 4 100.00% 0.00%
Other 11 54.50% 0.00%
Two or more races 126 55.60% 0.00%
Hispanic or Latino 96 80.20% 13.00%
Not Hispanic or Latino 3,429 63.10% 6.50%

Occupations

In this section we can look at the most common occupations for people living in the 54840 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 54840 is 2,186, with median earnings of $36,467.00.

Women in 54840 are earning approximately 63.20% of the men's earnings.

Population Earnings
Total 2,186 $36,467.00
Male 1,137 $46,595.00
Female 1,049 $29,430.00

Occupations by Category

In the table below, we can break down the population and earnings for 54840 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 208 $55,833.00
Business and Financial 88 $69,643.00
Computer and Mathematical 52 $88,750.00
Architecture and Engineering 48 $76,667.00
Life, Physical, and Social Science 5 $38,750.00
Community and Social Service 17 $32,083.00
Legal 5 $0.00
Educational and Library 100 $36,667.00
Arts, Design, Entertainment, Sports, and Media 17 $29,375.00
Healthcare Practitioners 116 $42,500.00
Healthcare Support 79 $26,250.00
Firefighters and Protective Service 19 $33,917.00
Law Enforcement 12 $48,750.00
Food Preparation and Serving 144 $14,667.00
Building and Grounds Cleaning 93 $32,679.00
Personal Care and Service 28 $17,500.00
Sales 140 $30,833.00
Office and Administrative Support 224 $37,000.00
Farming, Fishing, and Forestry 16 $28,214.00
Construction and Extraction 144 $52,727.00
Installation, Maintenance, and Repair 93 $36,250.00
Production 349 $35,481.00
Transportation and Material Moving 115 $50,125.00

Occupations by Gender

Now we can also look at the occupations by category for 54840 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 54840.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 141 $66,964.00 67 $37,279.00
Business and Financial 36 $83,875.00 52 $65,417.00
Computer and Mathematical 26 $61,250.00 26 $100,588.00
Architecture and Engineering 48 $76,667.00 0 $0.00
Life, Physical, and Social Science 5 $38,750.00 0 $0.00
Community and Social Service 4 $0.00 13 $30,417.00
Legal 3 $0.00 2 $0.00
Educational and Library 17 $70,625.00 83 $34,554.00
Arts, Design, Entertainment, Sports, and Media 3 $0.00 14 $30,417.00
Healthcare Practitioners 27 $63,125.00 89 $41,250.00
Healthcare Support 5 $0.00 74 $27,500.00
Firefighters and Protective Service 15 $0.00 4 $0.00
Law Enforcement 12 $48,750.00 0 $0.00
Food Preparation and Serving 38 $18,750.00 106 $11,250.00
Building and Grounds Cleaning 70 $40,000.00 23 $2,499.00
Personal Care and Service 5 $0.00 23 $13,438.00
Sales 49 $32,083.00 91 $29,063.00
Office and Administrative Support 50 $51,071.00 174 $36,250.00
Farming, Fishing, and Forestry 4 $0.00 12 $0.00
Construction and Extraction 141 $53,068.00 3 $0.00
Installation, Maintenance, and Repair 84 $36,000.00 9 $0.00
Production 218 $42,794.00 131 $27,542.00
Transportation and Material Moving 90 $51,000.00 25 $45,313.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 1,815 households in 54840, with an average household size of 2.52 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 1,129 families living in the 54840 zip code with an average family size of 3.12 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 54840:

Married Male Female Nonfamily
Total Households 826 131 172 686
Average Household Size 3.13 3.92 3.62 1.26
Total Families 826 131 172 0
Average Household Size 3.08 3.35 3.16 0

Poverty

Of the 1,129 families living in 54840, 6.40% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 54840:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 2,819 housing units in 54840.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 1,815 64.38%
Vacant 1,004 35.62%

11.10% of the total 2,819 housing units in 54840 are rental units. This is approximately 313 properties.

For owner-occupied housing units, a total of 1,474 are occupied by the owner - or 52.29% of the total.

Rental Rates

The median rent for a property in 54840 is $779.00.

In the chart below, we can look at the number of rental properties in 54840 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    28
  • Less than $500
    51
  • $500 to $999
    189
  • $1,000 to $1,499
    69
  • $1,500 to $1,999
    4
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Value

The median value of a property in 54840 is $147,000.00.

Just like with rental rates, we can look at the number of properties in 54840 that fall into a particular value range.

  • Less than $50,000
    106
  • $50,000 to $99,999
    315
  • $100,000 to $149,999
    337
  • $150,000 to $199,999
    287
  • $200,000 to $299,999
    300
  • $300,000 to $499,999
    112
  • $500,000 to $999,999
    15
  • $1,000,000 or more
    2

Property Age

We can also look at the age of properties in 54840. The chart below shows the number of properties in 54840 that fall into a particular age range.

  • 1939 or earlier
    486
  • 1940 to 1949
    132
  • 1950 to 1959
    130
  • 1960 to 1969
    235
  • 1970 to 1979
    538
  • 1980 to 1989
    449
  • 1990 to 1999
    378
  • 2000 to 2009
    401
  • 2010 to 2013
    70
  • 2014 or later
    0

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 54840 that have a particular number of vehicles available.

  • No vehicles available
    31
  • 1 vehicle available
    511
  • 2 vehicles available
    665
  • 3 or more vehicles available
    608

Commuting to Work

In this section, we can also look at how people in 54840 get to work. The chart below shows the number of people in 54840 that commute to work in a particular way.

33.6 minutes is the average travel time to work for people in 54840.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    128
  • 5 to 9 minutes
    319
  • 10 to 14 minutes
    232
  • 15 to 19 minutes
    180
  • 20 to 24 minutes
    167
  • 25 to 29 minutes
    107
  • 30 to 34 minutes
    192
  • 35 to 39 minutes
    59
  • 40 to 44 minutes
    57
  • 45 to 59 minutes
    173
  • 60 to 89 minutes
    254
  • 90 or more minutes
    152

Summary

We've covered a LOT of demographic and population data for 54840 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 54840

If you want to see how the population and demographics of 54840 compare to other zip codes in Wisconsin, check out the list of all Wisconsin zip codes below: