
Home Price Key
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 $133,880, lower than the Kentucky average of $164,895.
The average cost of rent is $858/mo in Tomahawk, primarily driven by the current value of real estate in the Tomahawk area. While nearly 80.93% of residents own their homes outright in Tomahawk, 44.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tomahawk is $3,567 per month. Households that rent pay about 24.06% of their income on rent here. Tomahawk's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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Cities with Similar Populations
- Bluffs, IL: less expensive homes
- Uriah, AL: equally priced homes
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- Bellemeade, KY: higher priced homes
- Beaver Creek, MN: higher priced homes
- Basye, VA: higher priced homes
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