City

Mercer, WI

1 ZIP code  ·  Iron County  ·  Wisconsin

👥1,396Population
💰$60,795Median HH Income▼ 20% below avg
🎂63.2Median Age
🏠$278,500Median Home Value≈ Avg
🎓43.1%College Grads▲ 11% above avg
📊0.4%Unemployment▼ 92% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.4% Female 48.6% ♀

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
Avg HH 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
Median Home Value$278,500 ≈ Avg
Home/Income Ratio4.6x (nat avg ~3.5x)
Median Rent$525/mo
Total Housing Units1,885
Vacant Units1,186

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%
About Mercer, WI

Mercer is a city in Wisconsin, located in Iron County. The city spans 1 ZIP code and is home to approximately 1,396 residents. It is an older city, with a median age of 63.2 years.

Economically, Mercer is a solidly middle-class community. The median household income of $60,795 is below the national average. Approximately 10.4% of residents live below the poverty line. The unemployment rate is 0.4%, well below the national average.

The real estate market in Mercer is a mid-range housing market. Median home values stand at $278,500, which is near the national average. Renters typically pay around $525 per month. Homeownership is high at 88.8%, typical of suburban and family-oriented communities.

The population of Mercer is well-educated. 43.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (97.49%).

Mercer, WI offers residents a cost-conscious lifestyle within Wisconsin.

ZIP Codes in Mercer
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
54547 1,396 $60,795 $278,500 $525 0.4% 43.1% 88.8%