HomeWisconsinBayfield CountyIron River CDP
Iron River CDP, Wisconsin: commercial real estate data.
Iron River CDP is a Census CDP of 826 people across 6.25 square miles of land, in Bayfield County. Median household income is $50,536, 64.7 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $423,700.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Iron River
What Iron River is
- Census place typeCDP
- Land area6.25 sq mi
- Water area0.53 sq mi
- Population per square mile of land132
- County holding the largest share of its areaBayfield County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Iron River
How many people live in Iron River
- Population826
- Median age46.9 plus or minus 9.7
- Population under 18159 plus or minus 40
- Share under 1819.2 percent plus or minus 4.1
- Population 65 and over187 plus or minus 53
- Share 65 and over22.6 percent plus or minus 5.7
- Households385
- Family households225
- Share of households that are families58.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Iron River
Income and work in Iron River
- Median household income$50,536 plus or minus $11,386
- Per capita income$34,902
- Civilian labor force335 plus or minus 77
- Employed328 plus or minus 77
- Unemployed7 plus or minus 9
- Unemployment rate2.1 percent plus or minus 2.6
- Adults 25 and over620
- Adults 25 and over with a high school diploma or higher91.0 percent
- Adults 25 and over with a bachelor degree or higher21.0 percent plus or minus 4.8
- Adults 25 and over with a graduate degree10.8 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Iron River
Housing in Iron River
- Housing units503
- Occupied units385
- Vacant units118 plus or minus 57
- Vacancy rate23.5 percent plus or minus 10.7
- Owner occupied249
- Renter occupied136 plus or minus 58
- Ownership rate64.7 percent
- Median owner-occupied home value$171,100
- Median gross rent, monthly$696 plus or minus $221
- Annual rent as a share of median income16.5 percent plus or minus 6.4
- Single family units337 plus or minus 68
- Share single family67.0 percent
- Units in buildings of two or more125 plus or minus 58
- Share in buildings of two or more24.9 percent plus or minus 10.9
- Mobile homes41 plus or minus 21
- Median year structure built1979
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Iron River
How Iron River gets to work
- Workers 16 and over who commute276 plus or minus 72
- Commuting under 15 minutes97 plus or minus 53
- Share commuting under 15 minutes35.1 percent plus or minus 16.9
- Commuting 30 minutes or more127 plus or minus 47
- Share commuting 30 minutes or more46.0 percent plus or minus 12.2
- Drove alone73.3 percent
- Carpooled10.6 percent plus or minus 11.6
- Public transport1.0 percent plus or minus 1.3
- Walked3.9 percent plus or minus 4.1
- Worked from home11.3 percent plus or minus 4.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Iron River
SBA loans in Iron River (7(a))
- Approvals4
- Gross approval$423,700
- Average approval$105,925
- Median approval$79,700
- Ninetieth percentile approval$240,000
- Largest approval$240,000
- Jobs supported23
- Jobs per approval5.8
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS4
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Bayfield County, not Iron River
Bayfield County context, not Iron River figures
These are Bayfield County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Iron River measurements.
- Establishments in Bayfield County469
- Employment at those establishments, Bayfield County2,612
- Covered employment, Bayfield County4,194
- Average annual pay, Bayfield County$42,107
- Average weekly wage, Bayfield County$810
- Housing units permitted, Bayfield County104
- Of those, single family, Bayfield County104
- County product, 2024, Bayfield County$586,789,000
- County product change over the prior year, Bayfield County4.2 percent
- Average income of an arriving household, Bayfield County$92,534
Every figure in this section is published for Bayfield County as a whole and is not a measurement of Iron River. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Iron River questions, answered from the record.
How many people live in Iron River, Wisconsin?
826, in 385 households. Iron River CDP covers 6.25 square miles of land, which is 132 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Iron River in?
Bayfield County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Iron River?
$50,536. The median owner-occupied home is valued at $171,100. Median gross rent is $696 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Iron River businesses?
4 7(a) approvals totalling $423,700, across 3 lenders, median approval $79,700. These count approvals to borrowers whose address is in Iron River, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Iron River borrowers get paid back?
No rate is published for Iron River. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Iron River figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Bayfield County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Iron River.
Is zoning published for Iron River?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby