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Tomah Area

Learn about the people, housing, costs and businesses in Tomah Area, Wisconsin

Median Home$201,113
Median Rent$900/month
Population20,351
Leading IndustriesManufacturing · Retail · Finance & Insurance2% manufacturing
Home Value Growth⬆⬆⬆+26.5% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners68% of occupied units
NotableVeteran Community14% of residents · top 1% nationally
Tomah Area
WI

Frequently Asked Questions

What are today's mortgage rates in Tomah Area?

As of today, the 30-year fixed mortgage rate for Tomah Area is approximately 7.072% (7.114% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Tomah Area?

The median home value in Tomah Area is $201k. The median monthly rent is $900. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tomah Area?

Home values in Tomah Area have increased 26.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Tomah Area?

Based on a typical all-in ownership cost of $953/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tomah Area is $67k/year.

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What industries drive the economy in Tomah Area?

The largest employment sectors in Tomah Area are public administration (22%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.