Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Tomahawk area can be challenging. Home prices in Lake Tomahawk are now at a median cost of $201,205, lower than the Wisconsin average of $220,185.
The average cost of rent is $923/mo in Lake Tomahawk, primarily driven by the current value of real estate in the Lake Tomahawk area. While nearly 42.66% of residents own their homes outright in Lake Tomahawk, 6.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Tomahawk is $5,557 per month. Households that rent pay about 16.61% of their income on rent here. Lake Tomahawk's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Mc Naughton, WI: equally priced homes
- Hazelhurst, WI: higher priced homes
- St. Germain, WI: equally priced homes
- Harshaw, WI: equally priced homes
- Newbold, WI: equally priced homes
- Woodruff, WI: equally priced homes
- Minocqua, WI: higher priced homes
- Arbor Vitae, WI: higher priced homes
- Sugar Camp, WI: equally priced homes
- Sayner, WI: higher priced homes
Cities with Similar Populations
- Sutton, NE: less expensive homes
- Cushing, TX: less expensive homes
- Damon, TX: less expensive homes
- Dunnsville, VA: higher priced homes
- Flinn Springs, CA: higher priced homes
- Hackensack, MN: higher priced homes
- Hanscom Afb, MA: higher priced homes
- Hazleton, IA: less expensive homes
- Marcola, OR: higher priced homes
- Stephenson, MI: less expensive homes
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