Bayfield, WI
Population 590 · Wisconsin
About Bayfield, WI
Bayfield is a small community located in Wisconsin with a population of 590 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,750 per year, which is 15% below the national median of $75,149. The median age of 58.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bayfield features a median home value of $304,800, which is 24% above the national median of $244,900. This positions Bayfield in a moderately priced market relative to the rest of the country. Median monthly rent is $1,021, 12% below the national average of $1,163/month. Of the 484 total housing units, 65% are owner-occupied (202 units) and 35% are renter-occupied (108 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Bayfield shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bayfield have an average one-way commute time of 7.5 minutes, one of the shorter commutes in the region.
Education & Demographics
49.0% of Bayfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 14.4% Hispanic or Latino, 0.0% Black or African American, and 2.4% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Bayfield, WI
Compared to national averages, Bayfield has a median household income of $63,750 (15% below the national median of $75,149). Home values average $304,800, which is 24% above the national median. Monthly rent at $1,021 is 12% below the US average of $1,163. Within Wisconsin, Bayfield's income is 12% below the state average of $72,579, and home values are 48% above the state median of $205,802.
Why Live in Bayfield, WI?
Bayfield offers rent that’s lower than the national average at $1,021/month, and a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 49.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.7%, better than the national average, and short commute times averaging just 7.5 minutes.
Potential considerations include median household income ($63,750) that falls below the national average. However, Bayfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bayfield has a population of 590 with a median age of 58.8 years. Compare Bayfield with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Bayfield
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Park Ridge | 589 | $82,083 | $265,200 | Compare |
| Fremont | 592 | $71,875 | $210,200 | Compare |
| Soldiers Grove | 592 | $42,500 | $145,100 | Compare |
| Viola | 592 | $86,000 | $108,700 | Compare |
| Hatley | 593 | $87,188 | $196,700 | Compare |
| Alma Center | 583 | $64,375 | $121,300 | Compare |
| Plum City | 582 | $58,750 | $164,600 | Compare |
| Ridgeway | 599 | $71,563 | $175,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bayfield
What is the population of Bayfield, WI?
The population of Bayfield, WI is 590 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Wisconsin.
What is the median household income in Bayfield?
The median household income in Bayfield, WI is $63,750 per year, which is 15% below the national median of $75,149.
What is the median home value in Bayfield?
The median home value in Bayfield, WI is $304,800, which is 24% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bayfield?
The median monthly rent in Bayfield, WI is $1,021, which is 12% below the national average of $1,163/month.
What is the unemployment rate in Bayfield?
The unemployment rate in Bayfield, WI is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bayfield, WI a good place to live?
Bayfield offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 590 and a median age of 58.8, the city appeals to established professionals and retirees.
How educated is Bayfield, WI?
49.0% of residents in Bayfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Bayfield?
Key cost-of-living indicators for Bayfield, WI: median home value is $304,800 (24% above national), median rent is $1,021/month, and median household income is $63,750. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Bayfield?
The poverty rate in Bayfield, WI is 9.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bayfield, WI?
Bayfield's population is 0.0% White, 14.4% Hispanic or Latino, 0.0% Black or African American, 2.4% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.