The invention provides a wear-resistant steel-bonded hard alloy composite hammer head and a manufacturing method thereof. The manufacturing method comprises the following steps of: step (1). blendingtitanium powder, graphite powder, additional hard particles and additives, adding a water-based binder, mixing uniformly, and making the mixture into alloy powder paste or stamping the mixture to forma preform; step (2). pasting the alloy powder paste or fixing the dried preform to the lost foam model of the hammer face of the hammer head, then coating anti-sticking sand fireproof paint, drying,burying in a box, and performing dry sand vibration modeling; and step (3). pouring high-toughness austenitic manganese steel or low-carbon alloy steel melt, using high-temperature molten steel to induce the combustion reaction between titanium and carbon in the alloy powder paste or preform, wherein TiC particles are generated in situ, and the high-temperature molten steel penetrates into an alloy particle layer, and interacts with additional TiC, WC, Al2O3 and other alloy powder particles; and performing cooling and cleaning, then performing heat treatment, and thus, the high-toughness and high-hardness wear-resistant steel-bonded hard alloy composite hammer head is manufactured.