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These days, finding an affordable place to live in the Tomahawk area can be challenging. Home prices in Tomahawk are now at a median cost of $144,642, lower than the Arkansas average of $207,061.
The average cost of rent is $705/mo in Tomahawk, primarily driven by the current value of real estate in the Tomahawk area. In Tomahawk, 10.39% of households rent, and 69.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tomahawk is $4,607 per month. Households that rent pay about 15.30% of their income on rent here. Tomahawk’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gilbert, AR: less expensive homes
- St. Joe, AR: equally priced homes
- Morning Star, AR: less expensive homes
- Verona, AR: equally priced homes
- Zack, AR: less expensive homes
- Ralph, AR: higher priced homes
- Valley Springs, AR: higher priced homes
- Bruno, AR: higher priced homes
- Harriet, AR: less expensive homes
- Pindall, AR: higher priced homes
Cities with Similar Populations
- Teterton, WV: less expensive homes
- Copperfield, NV: higher priced homes
- Cotter, IA: higher priced homes
- Cotton City, NM: higher priced homes
- Cotton Lake, TN: less expensive homes
- Cougar, WA: higher priced homes
- Coulters, PA: less expensive homes
- Cramer, PA: less expensive homes
- Crandall, MS: higher priced homes
- Cream Hill, VT: higher priced homes
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