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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 $65,286, lower than the Kentucky average of $219,615.
The average cost of rent is $543/mo in Tomahawk, primarily driven by the current value of real estate in the Tomahawk area. In Tomahawk, 10.65% of households rent, and 90.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tomahawk is $3,059 per month. Households that rent pay about 17.75% of their income on rent here. Tomahawk’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Inez, KY: higher priced homes
- Whitehouse, KY: higher priced homes
- Milo, KY: less expensive homes
- DeBord, KY: higher priced homes
- Job, KY: higher priced homes
- Boons Camp, KY: higher priced homes
- Richardson, KY: less expensive homes
- Ulysses, KY: higher priced homes
- Beauty, KY: higher priced homes
- McClure, KY: higher priced homes
Cities with Similar Populations
- Bluffs, IL: higher priced homes
- Uriah, AL: higher priced homes
- Erwinna, PA: higher priced homes
- Towner, ND: higher priced homes
- Blanchard, WA: higher priced homes
- Blackwater, VA: higher priced homes
- Bernice, OK: higher priced homes
- Bellemeade, KY: higher priced homes
- Beaver Creek, MN: higher priced homes
- Basye, VA: higher priced homes
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