54550 Map

54550 Income Statistics

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Comparison to Surrounding Areas

54550 Median Household Income

The median household income ($67,500) for 54550 is more than 54525 ($65,417), 54534 ($53,889), 54536 ($56,000), Iron County ($59,058), Montreal city ($66,750), and Pence CDP ($52,500).

54550$67,500
Montreal city$66,750
Pence CDP$52,500
Iron County$59,058

54550 Average Household Income

The average household income ($77,016) for 54550 is less than the average household income for 54525 ($86,028) and Montreal city ($81,886). But it's more than 54534 ($68,392), 54536 ($66,450), Iron County ($73,582), and Pence CDP ($68,008).

54550$77,016
Montreal city$81,886
Pence CDP$68,008
Iron County$73,582

54550 Per-Capita Income

The per-capita income for 54550 is $34,955. The per capita income ($34,955) for 54550 is less than the per capita income for 54525 ($37,037), Iron County ($35,462), and Montreal city ($36,315). But it's more than 54534 ($31,519), 54536 ($34,845), and Pence CDP ($30,656).

54550$34,955
Montreal city$36,315
Pence CDP$30,656
Iron County$35,462

54550 High Income Households

0.3% of households make over $200,000 a year. The percent high income households (0.3%) for 54550 is less than the percent high income households for 54525 (10.5%), 54534 (2.1%), Iron County (3.2%), Montreal city (3.9%), and Pence CDP (1.5%). But it's more than 54536 (0.0%).

545500.3%
Montreal city3.9%
Pence CDP1.5%
Iron County3.2%

54550 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
54550$-1$58,125$71,364$49,375
Montreal city$-1$70,000$73,750$48,214
Pence CDP$-1$59,375$71,563$32,188
Iron County$-1$69,808$64,917$47,024

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 54550 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
54550+/-$19,138+/-$8,287+/-$3,833+/-0.6%+/-$-1+/-$40,286+/-$3,720+/-$36,194
Montreal city+/-$16,837+/-$10,031+/-$4,935+/-3.8%+/-$-1+/-$44,139+/-$11,886+/-$20,530
Pence CDP+/-$30,124+/-$18,305+/-$7,018+/-2.8%+/-$-1+/-$51,949+/-$8,408+/-$8,254
Iron County+/-$4,004+/-$3,593+/-$1,412+/-0.8%+/-$-1+/-$5,211+/-$8,150+/-$6,555