Tomahawk, Wisconsin.
Typical home $291,885 (+7.2% in a year). Wausau-Weston, WI metro.
to buy the typical home at today's mortgage rate — +$859 (+128%) since Jan 2020.
- 1 year
- Up $19,481 +7%
- $272,403$291,885 since Sep 2025
- 5 years
- Up $68,166 +30%
- $223,718$291,885 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Tomahawk$1,532
- Wisconsin$1,770
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Tomahawk, WI rose 7.2% over the past year — faster than the nation's +1.2%.
Living in Tomahawk, Lincoln County, Wisconsin
Tomahawk is a city of 3,441 people in Lincoln County. Half its households earn more than $60,223 a year and half less, against $68,164 across Lincoln County; 12% of its people live below the poverty line. 75% of its homes are lived in by their owners and 25% are rented. Unemployment in Lincoln County was 3.8% in August 2026, and the county had 0.6% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Tomahawk is a small city in Lincoln County, Wisconsin, where most homes are lived in by their owners. Incomes run below the county's, and relatively few adults hold a four-year degree. Winters are cold, with January the coldest month and freezing days and nights, while July is the warmest and pleasantly mild. Rain and melted snow add up to a moderate amount over the year.
Work. Many residents work in schools, hospitals and social care, in manufacturing, in shops, and in restaurants, hotels and entertainment. Among the largest workplaces in Tomahawk are Harley-Davidson, the Tomahawk School District and Aspirus Tomahawk Hospital. Commutes are short, and across Lincoln County unemployment has risen a little over the past year while the number of jobs has slipped slightly.
Things to do. Water is close at hand. Lake Mohawksin, the Jersey City Flowage and the Tomahawk River are all in or beside town, and Manson Lake is a short drive away. For a longer outing, Council Grounds State Park is a protected area a longer drive away.
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- 1,484households
- 20%of adults have a degree
- 12%below the poverty line
- 15 mintypical commute
- 6%work from home
What residents work in
Employed residents by industry, from the Census survey. Lincoln County had 9,938 jobs in 2025, 0.6% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 20° and lows near 2°; warmest in July, with highs near 76° and lows near 57°. About 32 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Rice Rsvr Tomahawk-2 weather station, 4 miles away (NOAA).
Largest workplaces in Tomahawk
- Harley-DavidsonMotorcycles and parts manufacturing251
- Tomahawk School DistrictSchool district170FTE
- Harley-DavidsonMotorcycles and parts manufacturing118
- PVG Tomahawk - Samuel & SonVessels, heavy gauge metal, manufacturing81
- Aspirus Tomahawk HospitalCritical access hospital57FTE
- Daigle BrothersStructural steel, fabricated, manufacturing52
- North Shore HealthSkilled nursing facilities50
- Tweet Garot TomahawkHeating, ventilation and air-conditioning contractors47
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 8 workplaces with 20 or more staff, 746 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesRelatively high
- LightningRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Lincoln County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lincoln County and the Wausau-Weston, WI metro.
Tomahawk home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Tomahawk$291,885
- Wisconsin$337,196
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Tomahawk listings, and the typical home goes pending in 18 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Tomahawk24.27%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Tomahawk18
- United States21
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Tomahawk69
New listings per month
Sellers arriving at the market.
- Tomahawk20
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Tomahawk$304,616
- United States$371,407
Zip codes with a Tomahawk address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Tomahawk — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.