Living in Tomahawk, Wisconsin
Cost of living, income, home prices, rent and demographics of Tomahawk · Census data 2020–2024
Tomahawk has 3,395 residents with a median age of 41.8. The median household income is $60,223 (22% lower than the Wisconsin median), the median home value is $173,300, the median rent is $529/month.
Tomahawk at a glance
- Population
- 3,395
- Median age
- 41.8State: 40.2
- Median household income
- $60,223State: $77,485
- Median home value
- $173,300State: $266,500
- Median rent
- $529/moState: $1,087
- Homeowners
- 75%
- Bachelor's degree or higher
- 19.9%
- Average commute
- 15 min
Is Tomahawk a good place to live?
Pros: Home values 35% lower than the state median; an average commute of 15 minutes; unemployment of 1.5%.
Cons: Median household income 22% lower than the Wisconsin median; a poverty rate of 12.5%.
The weather is best in June to September.
Cost of living in Tomahawk
Housing is the biggest part of the cost of living. In Tomahawk the median home value is $173,300, 48% lower than the U.S. median. Renters pay a median of $529 per month, which is 29.1% of household income. Homeowners with a mortgage pay $1,200 a month in housing costs.
Tomahawk median household income
The median household income in Tomahawk is $60,223 and the income per person is $38,079. 12.5% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Tomahawk: homes for sale and rent
- Housing units
- 1,788
- Owner-occupied
- 75%
- Renter-occupied
- 25%
- Vacant
- 17%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.23
Tomahawk demographics
- Population
- 3,395
- Median age
- 41.8
- Under 18
- 22.6%
- 65 and older
- 19.4%
- Households
- 1,484
- Foreign-born
- 1.8%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Tomahawk ›
Education in Tomahawk
19.9% of adults 25 and older in Tomahawk have a bachelor's degree or higher (Wisconsin: 33.4%), and 4% have a graduate or professional degree.
Jobs and commute in Tomahawk
- Unemployment rate
- 1.5%State: 3.2%
- Average commute
- 15 minState: 22 min
- Work from home
- 5.7%
- Drive alone
- 86.9%
- Public transit
- 0%
- Walk to work
- 2.5%
- Homes with broadband
- 89%
Tomahawk vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tomahawk | 3,395 | $60,223 | $173,300 | $529 |
| Rhinelander | 8,316 | $51,421 | $125,700 | $804 |
| Merrill | 9,356 | $53,148 | $123,800 | $771 |
| Lake Tomahawk | 190 | $62,981 | $195,600 | $855 |
| Rib Lake | 888 | $57,632 | $99,400 | $732 |
| Minocqua | 497 | $41,436 | $475,900 | $741 |
| Ogema | 293 | $58,641 | $95,700 | $543 |
| Prentice | 521 | $50,833 | $108,800 | $741 |
| Woodruff | 580 | $70,625 | $278,400 | $778 |
More for people moving to Tomahawk
Tomahawk ZIP code ›Weather and climate ›Living in Tomahawk: FAQ
What is the median household income in Tomahawk, WI?
The median household income in Tomahawk is $60,223, 22% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Tomahawk?
The median home value in Tomahawk is $173,300, compared with $266,500 in Wisconsin.
How much is rent in Tomahawk?
The median gross rent in Tomahawk is $529 per month, about 29.1% of household income.
Is Tomahawk, WI a good place to live?
Pluses: home values 35% lower than the state median; an average commute of 15 minutes; unemployment of 1.5%. Minuses: median household income 22% lower than the Wisconsin median; a poverty rate of 12.5%.
What is the median age in Tomahawk?
The median age in Tomahawk is 41.8 years (Wisconsin: 40.2).
How long is the commute in Tomahawk?
The average commute to work in Tomahawk is 15 minutes; 5.7% of workers work from home.
What is the unemployment rate in Tomahawk?
The unemployment rate in Tomahawk is 1.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tomahawk?
19.9% of adults in 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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