At a Glance
Median Income
$56,719
$27,403 per capita
Home Value
$124,000
Zillow: $177,214
Median Rent
$958/mo
32.4% of income on rent
Bachelor's Degree+
16.7%
92.2% high school+
Unemployment
6.3%
20.7% poverty rate
Obesity Rate
41.9%
19.1% smoking rate
How Toledo Compares to the U.S. Average
Each bar shows Toledo's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Toledo a Good Place to Live?
B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Toledo residents earn a median household income of $56,719 , which is 25% below the national average of $75,149.
Per capita income is $27,403. The unemployment rate stands at 6.3% (75% above the U.S. rate of 3.6%). 20.7% of residents live below the poverty line. The area is home to 699 business establishments, including 47 restaurants.
Housing & Cost of Living
The median home value in Toledo is $124,000 , 56% below the national median of $281,900.
Zillow estimates the typical home at $177,214. Median rent is $958/month, with 32.4% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1965.
Education
16.7% of adults in Toledo hold a bachelor's degree or higher
(50% below the national average).
92.2% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Toledo has an average annual temperature of 47°F (9°C).
Winters average 18°F in January while summers reach 73°F in July. Annual precipitation totals 35.2 inches.
Data Overview
People
Population2,079
Median Age41.2 yrs
Density904/mi²
Male / Female47% / 53%
Foreign Born2.1%
Veterans10.3%
Economy
C+
Median Income$56,719
Per Capita$27,403
Unemployment6.3%
Poverty20.7%
County GDP$1,654M
Avg Weekly Wage$1,108
Housing
A+
Home Value$124,000
Rent$958
Ownership70.5%
Zillow$177,214
Housing Units973
Rent Burden32.4%
Health
Obesity41.9%
Diabetes11.8%
Smoking19.1%
Heart Disease6.4%
Premature Death6,568/100K
Climate
Avg Temp47°F
Rain35.2 in/yr
Elevation869 ft
Education
C
Bachelor's+16.7%
High School+92.2%
Graduate+2.6%
School Score6.4/10
Community
2024 VoteR 58% / D 41%
Commute21 min
Broadband83.6%
Internet Speed52 Mbps
EV Stations1
Libraries3
Did You Know?
Toledo was founded in 1853.
The median home in Toledo was built in 1965.
The nearest airport is Waterloo Regional (40 miles).
The Gini coefficient (income inequality) is 0.480 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
10.3% of the population has a disability.
The county recorded 2 fatal vehicle crashes.