Home prices
The median home in Tomahawk costs $129,200. In comparison to nearby areas this is about $18,280 (16%) higher.Compared to the US as a whole it is approximately $88,300 (40%) lower, and is about $7,300 (5%) higher in comparison to the city of Wausau.
Rents
In Tomahawk the median rent is $639 per month. In comparison to other places in this area this is about $15 (2%) lower.It is about $423 (39%) lower compared to the rest of the country, and compared to the city of Wausau it is about $69 (9%) lower.
Nearby places
Rhinelander
Rhinelander is about 15 miles northeast from Tomahawk. Housing prices there are significantly less expensive. Rhinelander's median home value is $90,600, which comes out to $38,600 (42%) lower than Tomahawk. Rents there are somewhat more expensive. In Rhinelander the median rent is $799 per month, which works out to $160 (20%) higher than Tomahawk.
Merrill
Merrill is approximately 18 miles south of Tomahawk. Its real estate prices are significantly less expensive. The median home in Merrill costs $85,300, which comes out to $43,900 (51%) lower than Tomahawk. Its rents are similar. The median monthly rent in Merrill is $637, which is very similar to Tomahawk.
Lake Tomahawk
Lake Tomahawk is approximately 21 miles north of Tomahawk. Its real estate prices are somewhat more expensive. The median home in Lake Tomahawk costs $148,900, which is $19,700 (13%) higher than Tomahawk. Rent there is somewhat more expensive. Lake Tomahawk's median monthly rent is $761, which works out to $122 (16%) higher than Tomahawk.
Rib Lake
Rib Lake is roughly 21 miles southwest of Tomahawk. Housing prices there are a little less expensive. The median home in Rib Lake is valued at $113,100, which works out to $16,100 (14%) lower than Tomahawk. Rent there is a little less expensive. In Rib Lake the median rent is $553 per month, which works out to $86 (15%) lower than Tomahawk.
Elcho
Elcho is approximately 22 miles east from Tomahawk. Real estate prices there are a little less expensive. The median home in Elcho is valued at $116,700, which is $12,500 (10%) lower than Tomahawk. Its rents are a bit less expensive. In Elcho the median monthly rent is $519, which is $120 (23%) lower than Tomahawk.
