Lake Tomahawk, OH

Census Place

2024 Population

864

US Senator

Bernie Moreno

Republican Party

US Senator

Jon Husted

Republican Party

2024 Poverty Rate

1.85%

5.06% 1-year increase

2024 Median Household Income

$162,847

11.1% 1-year growth

2024 Median Property Value

$267,600

2.06% 1-year growth

2024 Employed Population

Economy

The economy of Lake Tomahawk, OH employs 548 people. In 2024, the largest industries in Lake Tomahawk, OH were Educational Services (207 people), Other Services, Except Public Administration (75 people), and Retail Trade (56 people), and the highest paying industries were Educational Services ($74,009), Educational Services, & Health Care & Social Assistance ($73,505), and Health Care & Social Assistance ($72,647).

Employment

Occupations

548

2024 Value

± 217

7.24%

1 Year growth

± 53.2%

From 2023 to 2024, employment in Lake Tomahawk, OH grew at a rate of 7.24%, from 511 employees to 548 employees.

The most common job groups, by number of people living in Lake Tomahawk, OH, are Education Instruction, & Library Occupations (170 people), Management Occupations (89 people), and Personal Care & Service Occupations (65 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Tomahawk, OH.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Ohio.

This chart shows weekly unemployment insurance claims in Ohio (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

548

2024 Value

± 217

7.24%

1 Year growth

± 53.2%

From 2023 to 2024, employment in Lake Tomahawk, OH grew at a rate of 7.24%, from 511 employees to 548 employees.

The most common employment sectors for those who live in Lake Tomahawk, OH, are Educational Services (207 people), Other Services, Except Public Administration (75 people), and Retail Trade (56 people). This chart shows the share breakdown of the primary industries for residents of Lake Tomahawk, OH, though some of these residents may live in Lake Tomahawk, OH and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$47,972

Median earning men ± $41,233

$73,071

Median earning women ± $38,644

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($70,938) and Educational Services, & Health Care & Social Assistance ($19,095).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($77,500).

Housing & Living

The median property value in Lake Tomahawk, OH was $267,600 in 2024, which is 0.804 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $262,200 to $267,600, a 2.06% increase. The homeownership rate in Lake Tomahawk, OH is 100%, which is higher than the national average of 65.2%.

People in Lake Tomahawk, OH have an average commute time of 33.8 minutes, and they drove alone to work. Car ownership in Lake Tomahawk, OH is higher than the national average, with an average of 5 cars per household.

Housing

Property

$267,600

Median Property Value 2024

±$39,416

$311

Median Property Taxes

±$154

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake Tomahawk, OH the largest share of households pay taxes in the $2k - $3k range.

The chart underneath the paragraph shows the property taxes in Lake Tomahawk, OH compared to it's parent and neighbor geographies.

Rent vs Own

100%

Homeownership

2024

61.2%

Homeowners with Mortgage

2024

In 2024, 100% of the housing units in Lake Tomahawk, OH were occupied by their owner. This percentage stayed from the previous year's rate of 100%.

This chart shows the percentage of owner in Lake Tomahawk, OH compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$162,847

Median Household Income

± $33,926

311

Number of Households

± 147

In 2024, the median household income of the 311 households in Lake Tomahawk, OH grew to $162,847 from the previous year's value of $146,563.

The following chart displays the households in Lake Tomahawk, OH distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $150k - $200k range.

Wage Distribution

The closest comparable wage GINI for Lake Tomahawk, OH is from Ohio.

0.451

2024 Wage GINI in Ohio

0.453

2023 Wage GINI in Ohio

In 2024, the income inequality in Ohio was 0.451 according to the GINI calculation of the wage distribution. Income inequality had a 0.564% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Ohio was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Ohio in comparison to the national average.

This chart shows the number of workers in Ohio across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (72.3%)
Carpooled (23.9%)
Worked At Home (3.83%)

In 2024, 72.3% of workers in Lake Tomahawk, OH drove alone to work, followed by those who carpooled to work (23.9%) and those who worked at home (3.83%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

33.8 minutes

Average Travel Time

Using averages, employees in Lake Tomahawk, OH have a longer commute time (33.8 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Lake Tomahawk, OH have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Tomahawk, OH compares to that of it's neighboring and parent geographies.

Car Ownership

5 cars

Average Number

The following chart displays the households in Lake Tomahawk, OH distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Tomahawk, OH have 5 cars.

Poverty

Poverty & Diversity

1.85% of the population for whom poverty status is determined in Lake Tomahawk, OH (16 out of 864 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 45 - 54, followed by Females 75+ and then Females 65 - 74.

The most common racial or ethnic group living below the poverty line in Lake Tomahawk, OH is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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