| ZIP Code | 54550 |
|---|---|
| City | Montreal |
| State | Wisconsin (WI) |
| County | Iron County |
| Area Code | 715 |
| Elevation | 1,617 ft |
| Latitude | 46.347845 |
|---|---|
| Longitude | -90.259437 |
| Timezone | Chicago (DST) |
| FIPS | 55051 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.8 yrs ↑ 7% since 2019 |
|---|---|
| Avg Household Size | 2.18 |
| Below Poverty | 10.1% ≈ Avg |
| College Grads | 45.1% ▲ 16% above avg |
| Unemployment | 1.4% ▼ 72% below avg |
| No HS Diploma | 3 (0.6%) |
| HS Graduate | 130 (27.8%) |
| Some College | 69 (14.7%) |
| Associates | 55 (11.8%) |
| Bachelors | 101 (21.6%) |
| Graduate Degree | 110 (23.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,500 ▼ 12% below avg ↑ 74% since 2019 |
|---|---|
| Median Home Value | $107,300 ▼ 62% below avg ↑ 37% since 2019 |
| Home/Income Ratio | 1.6x (nat avg ~3.5x) |
| Median Rent | $750/mo ↑ 48% since 2019 |
| Total Units | 454 |
| Vacant Units | 154 |
| Avg HH Size | 2.18 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 454 |
|---|---|
| Vacant | 154 |
| Owner Occupied | 95.3% |
| Renter Occupied | 4.7% |
| Avg HH Size | 2.18 |
ZIP code 54550 is located in Montreal, Wisconsin, within Iron County. With a population of 655, this is a sparsely populated ZIP code with a mature community — the median age is 46.8 years. Economically, 54550 is a solidly middle-class ZIP code: the median household income of $67,500 is near the national average.
Real estate in ZIP code 54550 represents one of the more affordable housing markets in the country. The median home value of $107,300 is well below the national average. Renters can expect to pay around $750 per month in median rent. Homeownership is strong here — 95.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 37% since 2019.
The population of 54550 is primarily White (92.67%). Residents are well-educated — 45.1% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 10.1%. Household income has grown by 74% since 2019.
The unemployment rate in 54550 stands at 1.4%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 87%.
Overall, ZIP code 54550 in Montreal, WI is characterized as solidly middle-class, well-educated, a mature community, and predominantly owner-occupied. With 655 residents, a median household income of $67,500, and a median home value of $107,300, it offers a clear picture of life in this part of Wisconsin.