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These days, finding an affordable place to live in the Tomahawk Bluff area can be challenging. Home prices in Tomahawk Bluff are now at a median cost of $285,400, lower than the Illinois average of $300,242.
The average cost of rent is $1,086/mo in Tomahawk Bluff, primarily driven by the current value of real estate in the Tomahawk Bluff area. In Tomahawk Bluff, 5.22% of households rent, and 42.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tomahawk Bluff is $9,549 per month. Households that rent pay about 11.37% of their income on rent here. Tomahawk Bluff’s most expensive areas are in the central 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
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Cities with Similar Populations
- Vaucluse, WV: less expensive homes
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- Dillon Beach, CA: higher priced homes
- Dodson, MT: less expensive homes
- Dover, IN: higher priced homes
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