Living in Lake Tomahawk, Ohio

Cost of living, income, home prices, rent and demographics of Lake Tomahawk · Census data 2020–2024

Lake Tomahawk has 864 residents with a median age of 44.9. The median household income is $162,847 (128% higher than the Ohio median), the median home value is $267,600.

Lake Tomahawk is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Lake Tomahawk at a glance

Population
864
Median age
44.9State: 39.7
Median household income
$162,847State: $71,389
Median home value
$267,600State: $214,800
Homeowners
100%
Bachelor's degree or higher
34.9%
Average commute
34 min

Is Lake Tomahawk a good place to live?

Pros: Median household income 128% higher than the Ohio median; unemployment of 2.7%; a poverty rate of 1.9%.

Cons: Home values 25% higher than the state median; an average commute of 34 minutes.

The weather is best in June to September.

Cost of living in Lake Tomahawk

Housing is the biggest part of the cost of living. In Lake Tomahawk the median home value is $267,600, 20% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,476 a month in housing costs.

Median home value

Lake Tomahawk$267,600
Ohio$214,800
United States$332,700

Median monthly rent

Ohio$1,034
United States$1,413

Lake Tomahawk median household income

The median household income in Lake Tomahawk is $162,847 and the income per person is $47,757. 1.9% of residents live below the poverty line (Ohio: 13.3%).

Median household income

Lake Tomahawk$162,847
Ohio$71,389
United States$80,734

Housing in Lake Tomahawk: homes for sale and rent

Housing units
311
Owner-occupied
100%
Renter-occupied
0%
Vacant
0%Includes seasonal homes
Median year built
1992
Average household size
2.78

Lake Tomahawk demographics

Population
864
Median age
44.9
Under 18
16.9%
65 and older
6.7%
Households
311
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White79.3%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Lake Tomahawk ›

Education in Lake Tomahawk

34.9% of adults 25 and older in Lake Tomahawk have a bachelor's degree or higher (Ohio: 31.5%), and 23.7% have a graduate or professional degree.

Bachelor's degree or higher

Lake Tomahawk34.9%
Ohio31.5%
United States35.7%

Jobs and commute in Lake Tomahawk

Unemployment rate
2.7%State: 4.8%
Average commute
34 minState: 23 min
Work from home
3.8%
Drive alone
72.3%
Public transit
0%
Walk to work
0%
Homes with broadband
100%

Lake Tomahawk vs nearby towns

TownPopulationMedian incomeHome valueRent
Lake Tomahawk864$162,847$267,600—
Rogers164$35,000$100,000$665
Calcutta4,754$58,793$158,000$646
East Palestine4,696$49,777$113,700$851
New Waterford950$46,875$154,200$589
Glenmoor1,590$73,750$155,100$957
South Beaver2,648$87,538$222,200$1,279
Ohioville3,324$80,673$202,100$1,534
La Croft915$50,054$106,100—

More for people moving to Lake Tomahawk

Lake Tomahawk ZIP code ›Weather and climate ›

Living in Lake Tomahawk: FAQ

What is the median household income in Lake Tomahawk, OH?

The median household income in Lake Tomahawk is $162,847, 128% higher than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Lake Tomahawk?

The median home value in Lake Tomahawk is $267,600, compared with $214,800 in Ohio.

Is Lake Tomahawk, OH a good place to live?

Pluses: median household income 128% higher than the Ohio median; unemployment of 2.7%; a poverty rate of 1.9%. Minuses: home values 25% higher than the state median; an average commute of 34 minutes.

What is the median age in Lake Tomahawk?

The median age in Lake Tomahawk is 44.9 years (Ohio: 39.7).

How long is the commute in Lake Tomahawk?

The average commute to work in Lake Tomahawk is 34 minutes; 3.8% of workers work from home.

What is the unemployment rate in Lake Tomahawk?

The unemployment rate in Lake Tomahawk is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lake Tomahawk?

34.9% of adults in Lake Tomahawk have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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