ZIP Code 54950 -- Marion, WI

Waupaca | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 2.4x, housing here is relatively affordable compared to the recommended 3-5x benchmark.

Quick Overview

Population
2,802
Unknown
Median Income
$67,102
Home Value
$161,500
Median Rent
$754
Median Age
43.80
Diversity Index
11.70
Very Low
Cost of Living
59.7
significantly below average
Unemployment
1.6%

About ZIP Code 54950

ZIP code 54950 in Marion, Wisconsin is a unknown area with a population of 2,802. The median household income is $67,102, which is This is 11% below the national median of $75,000.. The median home value is $161,500, representing a price-to-income ratio of 2.4x . The cost of living is significantly below average with an index of 59.7 (the national average is 100). Residents have a median age of 43.80 years. Approximately 12.6% of adults hold a bachelor's degree or higher. This ZIP code is located in Waupaca, WI.

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Population & Age

Total Population
2,802
Median Age
43.80
Male Population
1,401
50.0%
Female Population
1,401
50.0%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
11.70 Very Low
White
95.7%
Black or African American
0.1%
Hispanic or Latino
1.9%
Asian
0.3%
Native American
0.1%
Pacific Islander
0.0%
Two or More Races
3.9%
Other Race
0.0%

Racial Composition

Income & Economy

Median Household Income
$67,102
Mean Household Income
$77,469
Per Capita Income
$33,144
Below Poverty Line
14.8%

This is 11% below the national median of $75,000.

Income Distribution

See richest ZIP codes in Wisconsin →

Housing

Median Home Value
$161,500
Median Rent
$754
Total Housing Units
1,393
Occupied Units
1,191
Vacant Units
202
14.5% vacancy
Median Year Built
1970
Owner Occupied
78.5%
Renter Occupied
21.5%
Price-to-Income Ratio 2.4x

Affordable housing market

Ownership vs Rental

Owner 78.5% Renter 21.5%

Education

High School Diploma or Higher 89.4%
Bachelor's Degree or Higher 12.6%
Graduate or Professional Degree 3.6%
See most educated ZIP codes →

Employment & Commuting

Civilian Labor Force
1,533
Employment Rate
98.4%
Unemployment Rate
1.6%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
77.7%
Carpool
7.3%
Public Transit
0.0%
Work from Home
11.0%

Cost of Living Index

59.7
significantly below average

The cost of living in ZIP code 54950 is 40.3% below the national average of 100.

0 National Avg (100) 200

Compare 54950 with:

54437
Greenwood, WI
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53511
Shopiere, WI
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54870
Sarona, WI
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54966
Plainfield, WI
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Compare 54950 with Another ZIP Code

Nearby ZIP Codes

54949
Manawa, WI
4.1 mi
Pop: 3,565 Income: $90,786
54929
Clintonville, WI
4.7 mi
Pop: 8,776 Income: $64,626
54945
Iola, WI
6.8 mi
Pop: 3,470 Income: $69,602
54962
Ogdensburg, WI
8.7 mi
Pop: 1,025 Income: $83,452
54981
Waupaca, WI
9.7 mi
Pop: 14,870 Income: $72,640
54961
New london, WI
10.5 mi
Pop: 14,485 Income: $71,824
54977
Scandinavia, WI
12.2 mi
Pop: 1,592 Income: $81,328
54928
Caroline, WI
13.4 mi
Pop: 524 Income: $73,355
54933
Embarrass, WI
14.2 mi
Pop: 106 Income: $63,125
54983
Weyauwega, WI
14.8 mi
Pop: 4,144 Income: $71,094
54486
Tigerton, WI
15.6 mi
Pop: 2,171 Income: $60,528
54948
Leopolis, WI
16.4 mi
Pop: 225 Income: $62,969

Other ZIP Codes in Waupaca

ZIP Code City Population Median Income
54981 Waupaca 14,870 $72,640
54961 New london 14,485 $71,824
54929 Clintonville 8,776 $64,626
54940 Fremont 4,533 $90,813
54983 Weyauwega 4,144 $71,094
54949 Manawa 3,565 $90,786

Frequently Asked Questions about ZIP Code 54950

ZIP code 54950 (Marion, WI) has a total population of 2,802 according to the 2024 American Community Survey. The median age is 43.80 years.

The median household income in ZIP code 54950 is $67,102 per year, based on 2024 Census Bureau data. This is 11% below the national median of $75,000.

ZIP code 54950 is primarily located in Marion, Wisconsin (WI). It falls within Waupaca County.

The median home value in ZIP code 54950 is $161,500, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $754.

The median age in ZIP code 54950 is 43.80 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 54950 has a cost of living index of 59.74 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 54950, 12.62% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 3.55% hold a graduate or professional degree.

The unemployment rate in ZIP code 54950 is 1.63%, which is below the national average of 3.6%. About 11.01% of workers work from home.

Explore More

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.