US ZIP Code
54547

Mercer, WI

Iron County  ·  Wisconsin

● Active
👥 1,396 Population ↑ 2% since 2019
💰 $60,795 Median HH Income
▼ 20% below avg ↑ 20% since 2019
🎂 63.2 Median Age ↑ 7% since 2019
🏠 $278,500 Median Home Value
≈ Avg ↑ 23% since 2019
🎓 43.1% College Grads
▲ 11% above avg
📊 0.4% Unemployment
▼ 92% below avg ↓ 95% since 2019
ZIP Code Details
ZIP Code54547
CityMercer
StateWisconsin (WI)
CountyIron County
Area Code715
Elevation1,640 ft
Latitude46.21159
Longitude-90.10617
TimezoneChicago (DST)
FIPS55051
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 51.4% (717) Female 48.6% (679) ♀

Race & Ethnicity

White: 97.5%Hispanic: 0.6%Other: 1.3%Race
White97.5%
Hispanic0.6%
Other1.3%

Age Breakdown

Under 5
2%
5–17
9%
18–24
3%
25–44
13%
45–64
31%
65+
18%

Key Indicators

Median Age63.2 yrs ↑ 7% since 2019
Avg Household Size1.98
Below Poverty10.4% ≈ Avg
College Grads43.1% ▲ 11% above avg
Unemployment0.4% ▼ 92% below avg
No HS Diploma16 (1.4%)
HS Graduate285 (24.9%)
Some College171 (14.9%)
Associates179 (15.6%)
Bachelors144 (12.6%)
Graduate Degree349 (30.5%)

Education

No HS: 1.4%HS Grad: 24.9%Some College: 14.9%Associates: 15.6%Bachelors: 12.6%Graduate: 30.5%Edu
No HS1.4%
HS Grad24.9%
Some College14.9%
Associates15.6%
Bachelors12.6%
Graduate30.5%
Housing & Income

Housing Tenure

Owner: 88.8%Renter: 11.2%Tenure
Owner88.8%
Renter11.2%

Home Value Distribution

Under $50k
5%
$50k–100k
11%
$100k–150k
7%
$150k–200k
11%
$200k–300k
19%
$300k–500k
34%
Over $500k
13%

Financials

Median HH Income$60,795 ▼ 20% below avg ↑ 20% since 2019
Median Home Value$278,500 ≈ Avg ↑ 23% since 2019
Home/Income Ratio4.6x (nat avg ~3.5x)
Median Rent$525/mo ↓ 11% since 2019
Total Units1,885
Vacant Units1,186
Avg HH Size1.98

Income Distribution

Under $25k
15%
$25k–50k
24%
$50k–75k
21%
$75k–100k
20%
$100k–150k
16%
$150k–200k
1%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
90%
Walked
0%
Work From Home
10%

Commute Time

Under 15 min
54%
15–30 min
12%
30–45 min
21%
Over 45 min
13%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
9%
1960s–1970s
14%
1980s–1990s
19%
2000+
57%

Summary

Total Units1,885
Vacant1,186
Owner Occupied88.8%
Renter Occupied11.2%
Avg HH Size1.98
Frequently Asked Questions
ZIP code 54547 is in Mercer, WI, in Iron County.
ZIP code 54547 is located in Wisconsin (WI).
ZIP code 54547 is in Iron County, WI.
ZIP 54547 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 54547 is 1,396 people (ACS 2023).
The median household income in ZIP code 54547 is $60,795 (ACS 2023).
The median home value in ZIP 54547 is $278,500 (ACS 2023).
About ZIP Code 54547

ZIP code 54547 is located in Mercer, Wisconsin, within Iron County. With a population of 1,396, this is a sparsely populated ZIP code with an older community — the median age is 63.2 years. Economically, 54547 is a solidly middle-class ZIP code: the median household income of $60,795 is below the national average.

Real estate in ZIP code 54547 represents a mid-range housing market. The median home value of $278,500 is near the national average. Renters can expect to pay around $525 per month in median rent. Homeownership is strong here — 88.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 23% since 2019.

The population of 54547 is primarily White (97.49%). Residents are well-educated — 43.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 10.4%. Household income has grown by 20% since 2019.

The unemployment rate in 54547 stands at 0.4%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.

Overall, ZIP code 54547 in Mercer, WI is characterized as solidly middle-class, well-educated, an older community, and predominantly owner-occupied. With 1,396 residents, a median household income of $60,795, and a median home value of $278,500, it offers a clear picture of life in this part of Wisconsin.