How much do homeowners pay a month in Tomahawk, WI?

Homeowners with a mortgage in Tomahawk, WI pay a median of $1,200 (±$66) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $534 (±$32).

69.7% of owned homes carry a mortgage.

In Tomahawk, the median monthly cost with a mortgage went from $1,195 in 2015–2019 to $1,200 in 2020–2024 (+0.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on .

With a mortgage
$1,200 (±$66)
Without a mortgage
$534 (±$32)
Owned with a mortgage
69.7%

Monthly owner costs in Tomahawk

Median selected monthly owner costs, estimate (90% margin of error)
TomahawkLincoln CountyWisconsinUnited States
With a mortgage$1,200 (±$66)$1,361 (±$47)$1,689 (±$5)$1,963
Without a mortgage$534 (±$32)$519 (±$17)$659 (±$3)$638
Owned homes with a mortgage69.7% (±7.9 points)54.7% (±2.5 points)61.1% (±0.2 points)60.6%
Median real estate taxes (a year)$2,160 (±$294)$2,549 (±$80)$3,792 (±$12)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Tomahawk, the median cost with a mortgage is lower than in Lincoln County ($1,361).

It is also lower than in Wisconsin ($1,689).

It is lower than the national figure ($1,963).

In Lincoln County, Tomahawk ranks 16 of 18 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 1633 of 1,845.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Tomahawk have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,195 (±$126)$1,200 (±$66)+0.4%Down after inflation
Median real estate taxes$2,452 (±$176)$2,160 (±$294)−11.9%Down after inflation
Median home value$129,200 (±$11,900)$173,300 (±$12,142)+34.1%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Tomahawk

Nearest places with a published estimate, compared with Tomahawk
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Tomahawk—$1,200 (±$66)—
Town of King4.9 mi$1,419 (±$236)Not measurably different
Town of Bradley5.6 mi$1,641 (±$238)Higher
Town of Skanawan6.3 mi$1,597 (±$254)Higher
Town of Wilson (Lincoln County)8.3 mi$1,155 (±$148)Not measurably different
Town of Nokomis8.8 mi$1,426 (±$103)Higher
Town of Woodboro9.7 mi$1,542 (±$97)Higher
Town of Harrison (Lincoln County)10 mi$1,683 (±$173)Higher
Town of Tomahawk11 mi$1,496 (±$150)Higher

Nearby places with a measurably higher figure: Town of Bradley, WI ($1,641), Town of Skanawan, WI ($1,597), Town of Nokomis, WI ($1,426).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Lincoln County, place by place

RankPlaceMedian monthly cost with a mortgage
10Town of Schley$1,495 (±$142)
11Town of Birch$1,485 (±$128)
12Town of Merrill$1,461 (±$137)
13Town of King$1,419 (±$236)
14Town of Somo$1,365 (±$91)
15Town of Russell (Lincoln County)$1,285 (±$141)
16Tomahawk$1,200 (±$66)
17Town of Wilson (Lincoln County)$1,155 (±$148)
18Merrill$1,095 (±$86)

Showing 9 of 18 places in Lincoln County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Tomahawk

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Tomahawk beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Tomahawk, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Tomahawk, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Tomahawk

What is the average mortgage payment in Tomahawk?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Tomahawk, WI is $1,200 (±$66) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Tomahawk?

Owners without a mortgage in Tomahawk pay a median of $534 (±$32) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Tomahawk gone up?

In Tomahawk, the median monthly cost with a mortgage went from $1,195 in 2015–2019 to $1,200 in 2020–2024 (+0.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Tomahawk city, Wisconsin (place:80125, in state:55).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related