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Demographics
Population
Median Income
Racial Distributions
The zip code 54539 in Lake Tomahawk, Wisconsin, is classified as a "Low Diversity" community as of 2022. The population is 94% white. The median income is $67,177, which has increased significantly over the past decade. The rural community's population has grown steadily, reaching 2,230 residents in 2022.
Lake Tomahawk has maintained its status as a "Low Diversity" community from 2013 to 2022. The white population has consistently remained above 90% during this period, with minimal changes. There are minor indications of increasing diversity. The Hispanic population increased slightly from 1% in 2013 to 3% in 2016-2017, before returning to 1% in 2022. The "Two or More Races" category grew from 0% in 2013 to 3% in 2022. The Black population has remained at approximately 1% throughout the period.
The median income in Lake Tomahawk has shown an upward trend. In 2013, the median income was $54,115. It reached its highest point in 2021 at $74,559, a 37.8% increase from 2013. There was a slight decrease to $67,177 in 2022, which still represents a 24.1% increase from 2013. This economic growth has occurred alongside a steady increase in population, from 1,941 in 2013 to 2,230 in 2022, a 14.9% increase.
The demographic composition of Lake Tomahawk is less diverse than the national average. In 2022, the U.S. Census Bureau estimated that the white population in the United States was approximately 75.8%, which is significantly lower than the 94% in this community. Lake Tomahawk's median income of $74,559 in 2021 was slightly above the national average of approximately $70,784, indicating a relatively prosperous community. The population growth rate of 14.9% over a decade is higher than the national average of about 7.4% from 2010 to 2020.
Lake Tomahawk remains a "Low Diversity" community. It has experienced notable economic growth and population increase over the past decade. The community shows signs of very gradual diversification, but these changes are minimal compared to national trends. The area's economic prosperity and population growth suggest it remains an attractive location for residents, primarily those who align with its existing demographic profile.