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US City Data

Lake Tomahawk, OH

Population 851 · Ohio

Population
851
Median Income
$146,563
Median Home Value
$262,200
Median Rent
$0/mo

About Lake Tomahawk, OH

Lake Tomahawk is a small community located in Ohio with a population of 851 residents according to the latest US Census Bureau American Community Survey data. The median household income is $146,563 per year, which is 95% above the national median of $75,149. The median age of 44.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.

Housing Market Overview

The housing market in Lake Tomahawk features a median home value of $262,200, which is 7% above the national median of $244,900. This positions Lake Tomahawk in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 341 total housing units, 100% are owner-occupied (341 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.

Economy & Employment

The local economy in Lake Tomahawk shows an unemployment rate of 6.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 1.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Tomahawk have an average one-way commute time of 33.4 minutes.

Education & Demographics

32.5% of Lake Tomahawk residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.

How Lake Tomahawk Ranks in Ohio

Highest Income Cities
#44
of 50 cities · $146,563

Cost of Living in Lake Tomahawk, OH

Compared to national averages, Lake Tomahawk has a median household income of $146,563 (95% above the national median of $75,149). Home values average $262,200, which is 7% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Ohio, Lake Tomahawk's income is 104% above the state average of $71,814, and home values are 50% above the state median of $174,449.

Income vs National
$146,563
National: $75,149
Ohio: $71,814
Home Value vs National
$262,200
National: $244,900
Ohio: $174,449
Rent vs National
$0
National: $1,163
Ohio: $947
Unemployment vs National
6.4%
National: 3.7%
Ohio: 5.9%

Why Live in Lake Tomahawk, OH?

Lake Tomahawk offers a strong local economy with a median household income of $146,563, well above the national average, and rent that’s lower than the national average at $0/month, and a low poverty rate of 1.8%, better than the national average.

Lake Tomahawk has a population of 851 with a median age of 44.9 years. Compare Lake Tomahawk with other cities to see how it stacks up, or explore all cities in Ohio.

Similar Cities Near Lake Tomahawk

Cities in Ohio with a similar population size.

CityPopulationMedian IncomeHome Value
Kidron858$66,667$253,800Compare
Wayne Lakes843$61,250$124,000Compare
Sullivan841$95,369$240,200Compare
Addyston863$44,861$122,200Compare
Rutland863$69,375$85,000Compare
South Webster864$60,625$125,000Compare
Kingston837$40,609$138,700Compare
Meyers Lake865$67,375$219,800Compare

Demographics

44.9
Median Age
444
Male
407
Female
0%
Foreign Born

Racial & Ethnic Composition

White0Hispanic/Latino0Black0Asian0Two or More0

Economy & Education

6.4%
Unemployment Rate
1.8%
Poverty Rate
32.5%
Bachelor's Degree+
33.4 min
Avg Commute

Housing

341
Total Housing Units
341
Owner Occupied
0
Renter Occupied

Other Cities in Ohio

Avon LakeBass LakeBrady LakeBuckeye LakeCandlewood LakeChippewa Lake

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Lake Tomahawk With Other Cities

Lake Tomahawk vs Avon LakeLake Tomahawk vs Bass LakeLake Tomahawk vs Brady LakeLake Tomahawk vs Buckeye Lake

Frequently Asked Questions about Lake Tomahawk

What is the population of Lake Tomahawk, OH?

The population of Lake Tomahawk, OH is 851 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Ohio.

What is the median household income in Lake Tomahawk?

The median household income in Lake Tomahawk, OH is $146,563 per year, which is 95% above the national median of $75,149.

What is the median home value in Lake Tomahawk?

The median home value in Lake Tomahawk, OH is $262,200, which is 7% above the national median of $244,900. The majority of housing units are owner-occupied.

What is the average rent in Lake Tomahawk?

The median monthly rent in Lake Tomahawk, OH is $0, which is 100% below the national average of $1,163/month.

What is the unemployment rate in Lake Tomahawk?

The unemployment rate in Lake Tomahawk, OH is 6.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.

Is Lake Tomahawk, OH a good place to live?

Lake Tomahawk offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 851 and a median age of 44.9, the city appeals to a broad range of residents.

How educated is Lake Tomahawk, OH?

32.5% of residents in Lake Tomahawk aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.

What is the cost of living in Lake Tomahawk?

Key cost-of-living indicators for Lake Tomahawk, OH: median home value is $262,200 (7% above national), median rent is $0/month, and median household income is $146,563. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.

What is the poverty rate in Lake Tomahawk?

The poverty rate in Lake Tomahawk, OH is 1.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.

How diverse is Lake Tomahawk, OH?

Lake Tomahawk's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.

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