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CITY · 2020 ACS

Lake Tomahawk

Wisconsin · 246 residents · 1.543 sq mi
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The short version

Lake Tomahawk has notably lower household income than the US average, with a median household income of $42,222. Population has grown 31% since 2019. Median home value is $151,800. With a median age of 55.2, the population is older than the US median of 38.8. Households here earn about 33% less than the Wisconsin median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 55.2
US median: 38.8
Less educated
23% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
246
+31%since 2019
from 188 in 2019
2010 – 2024
Population density
159 / sq mi
+31%since 2019
from 122 / sq mi in 2019
US average: 280
Median age
55.2
+11%since 2019
from 49.8 in 2019
US average: 38.8
Population, 2010 – 2024
71121171221271201020202024Lake Tomahawk
2024190
201020202024
Section 02

Income & economy

Median household income
$42,222
−17%inflation adjusted, since 2019
from $50,500 in 2019
US average: $66,278
2010 – 2024
Per capita income
$29,694
−12%since 2019
from $33,818 in 2019
US average: $35,364
Households earning $100K+
15.9%
−12.2 ptssince 2019
from 28.1% in 2019
US average: 43.9%
Poverty rate
10.0%
+2.0 ptssince 2019
from 8.0% in 2019
US average: 12.8%
Workforce by industry, 2020
Wholesale trade16.7%
US avg: 6.7%
Information16.7%
US avg: 11.1%
Retail trade15.5%
US avg: 10%
Finance & insurance11.9%
US avg: 5.5%
Professional, scientific, technical9.5%
US avg: 4.7%
Education & health services2.4%
US avg: 0.8%
Arts, entertainment, food2.4%
US avg: 2%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$151,800
+1%inflation adjusted, since 2019
from $148,900 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$763
−1%inflation adjusted, since 2019
from $761 in 2019
US average: $1,124
Owner-occupied
76.0%
+2.3 ptssince 2019
from 73.7% in 2019
24.0% rent
Afford Score
3.6
+22%since 2019
from 2.9 in 2019
2010 – 2024
RELATED:See current rent listings in Lake Tomahawk on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic89.9%(169)
Black0%(0)
Hispanic / Latino6.9%(13)
Asian0%(0)
Other3.2%(6)
Diversity Score23.3%(44)
2020
White, non-Hispanic93.5%(230)
Black0.4%(1)
Hispanic / Latino0.4%(1)
Asian0%(0)
Other0.7%(2)
Diversity Score4%(10)
Diversity Score
4
−83%since 2019
from 23 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
22.8%
+4.1 ptssince 2019
from 18.8% in 2019
US average: 32.9%
High school or higher
100.0%
Unchangedsince 2019
from 100.0% in 2019
US average: 88.5%
Graduate degree
3.9%
Unchangedsince 2019
from 4.0% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
17.6 min
−4%since 2019
from 18.3 min in 2019
US average: 26.9
Drive alone to work
84.5%
−5.8 ptssince 2019
from 90.3% in 2019
US average: 75.1%
No vehicle available
8.5%
+3.3 ptssince 2019
from 5.3% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.4%
+0.3 ptssince 2019
from 3.1% in 2019
US average: 5.4%
Labor force participation
68.5%
−4.2 ptssince 2019
from 72.7% in 2019
US average: 63.4%
Management & professional
14.3%
+1.4 ptssince 2019
from 12.9% in 2019
US average: 39.3%
Section 08

People & community

Male
52.1%
−4.2 ptssince 2019
from 56.4% in 2019
Female
47.9%
+4.2 ptssince 2019
from 43.6% in 2019
Foreign born
1.4%
+0.4 ptssince 2019
from 1.1% in 2019
US average: 13.5%
Uninsured
10.0%
+1.5 ptssince 2019
from 8.5% in 2019
US average: 8.8%
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Frequently asked

How many people live in Lake Tomahawk, Wisconsin?

Lake Tomahawk, Wisconsin has about 246 residents according to the 2020 American Community Survey.

What is the median household income in Lake Tomahawk, Wisconsin?

The typical household in Lake Tomahawk, Wisconsin earns about $42,222 a year. Half of households make more than that, and half make less.

Is Lake Tomahawk, Wisconsin expensive?

In Lake Tomahawk, Wisconsin, the median home is worth about $151,800, and the typical rent is about $763 a month.

How educated are people in Lake Tomahawk, Wisconsin?

About 22.8% of adults age 25 and over in Lake Tomahawk, Wisconsin hold a bachelor's degree or higher.

What is the poverty rate in Lake Tomahawk, Wisconsin?

About 10.0% of people in Lake Tomahawk, Wisconsin live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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