US ZIP Code
54514

Butternut, WI

Ashland County  ·  Wisconsin

● Active
👥 1,810 Population
💰 $73,875 Median HH Income
≈ Avg ↑ 44% since 2019
🎂 55.6 Median Age ↓ 2% since 2019
🏠 $158,700 Median Home Value
▼ 43% below avg ↑ 3% since 2019
🎓 36.1% College Grads
≈ Avg
📊 3.2% Unemployment
▼ 35% below avg ↓ 38% since 2019
ZIP Code Details
ZIP Code54514
CityButternut
StateWisconsin (WI)
CountyAshland County
Area Code715
Elevation1,572 ft
Latitude46.032511
Longitude-90.495824
TimezoneChicago (DST)
FIPS55003
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 50.7% (917) Female 49.3% (893) ♀

Race & Ethnicity

White: 96.7%Hispanic: 0.9%Other: 1.8%Race
White96.7%
Hispanic0.9%
Other1.8%

Age Breakdown

Under 5
5%
5–17
12%
18–24
3%
25–44
19%
45–64
32%
65+
17%

Key Indicators

Median Age55.6 yrs ↓ 2% since 2019
Avg Household Size2.22
Below Poverty7.4% ▼ 26% below avg
College Grads36.1% ≈ Avg
Unemployment3.2% ▼ 35% below avg
No HS Diploma8 (0.6%)
HS Graduate591 (42.1%)
Some College151 (10.8%)
Associates147 (10.5%)
Bachelors208 (14.8%)
Graduate Degree298 (21.2%)

Education

No HS: 0.6%HS Grad: 42.1%Some College: 10.8%Associates: 10.5%Bachelors: 14.8%Graduate: 21.2%Edu
No HS0.6%
HS Grad42.1%
Some College10.8%
Associates10.5%
Bachelors14.8%
Graduate21.2%
Housing & Income

Housing Tenure

Owner: 84.4%Renter: 15.6%Tenure
Owner84.4%
Renter15.6%

Home Value Distribution

Under $50k
7%
$50k–100k
22%
$100k–150k
19%
$150k–200k
14%
$200k–300k
24%
$300k–500k
11%
Over $500k
4%

Financials

Median HH Income$73,875 ≈ Avg ↑ 44% since 2019
Median Home Value$158,700 ▼ 43% below avg ↑ 3% since 2019
Home/Income Ratio2.1x (nat avg ~3.5x)
Median Rent$633/mo
Total Units1,556
Vacant Units741
Avg HH Size2.22

Income Distribution

Under $25k
13%
$25k–50k
16%
$50k–75k
19%
$75k–100k
13%
$100k–150k
27%
$150k–200k
4%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
88%
Walked
2%
Work From Home
10%

Commute Time

Under 15 min
33%
15–30 min
42%
30–45 min
12%
Over 45 min
13%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
10%
1960s–1970s
12%
1980s–1990s
13%
2000+
62%

Summary

Total Units1,556
Vacant741
Owner Occupied84.4%
Renter Occupied15.6%
Avg HH Size2.22
Frequently Asked Questions
ZIP code 54514 is in Butternut, WI, in Ashland County.
ZIP code 54514 is located in Wisconsin (WI).
ZIP code 54514 is in Ashland County, WI.
ZIP 54514 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 54514 is 1,810 people (ACS 2023).
The median household income in ZIP code 54514 is $73,875 (ACS 2023).
The median home value in ZIP 54514 is $158,700 (ACS 2023).
About ZIP Code 54514

ZIP code 54514 is located in Butternut, Wisconsin, within Ashland County. With a population of 1,810, this is a sparsely populated ZIP code with an older community — the median age is 55.6 years. Economically, 54514 is a solidly middle-class ZIP code: the median household income of $73,875 is near the national average.

Real estate in ZIP code 54514 represents an affordable housing market. The median home value of $158,700 is below the national average. Renters can expect to pay around $633 per month in median rent. Homeownership is strong here — 84.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 3% since 2019.

The population of 54514 is primarily White (96.69%). Residents are moderately educated — 36.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 7.4%. Household income has grown by 44% since 2019.

The unemployment rate in 54514 stands at 3.2%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.

Overall, ZIP code 54514 in Butternut, WI is characterized as solidly middle-class, moderately educated, an older community, and predominantly owner-occupied. With 1,810 residents, a median household income of $73,875, and a median home value of $158,700, it offers a clear picture of life in this part of Wisconsin.