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Toledo, Iowa

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,966
Population
$53,333
Median Income
$118,400
Home Value
40.8
Median Age

Demographics

Toledo has a population of 1,966 with a median age of 40.8. Here is the racial and ethnic breakdown of the population:

White
80.2%
Hispanic
17.6%
Black
4.0%
Asian
0.7%
Demographic Value
Total Population1,966
Median Age40.8
White80.2%
Black or African American4.0%
Asian0.7%
Hispanic or Latino17.6%
Toledo, Iowa — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 102.White: 78.2%Hispanic/Latino: 17.2%Black: 3.9%Other: 0.7%1,966PopulationWhiteWhite78.2%Hispanic/LatinoHispanic/Latino17.2%BlackBlack3.9%OtherOther0.7%

Income & Economy

The median household income in Toledo is $53,333, which is 33.8% below the national median of $80,610. The per capita income is $30,696. The poverty rate is 22.2%.

$53,333
Median Household Income
$30,696
Per Capita Income
22.2%
Poverty Rate

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Education

In Toledo, 94.4% of residents age 25+ have a high school diploma or higher, and 20.2% hold a bachelor's degree or higher (3.7% with a graduate or professional degree).

HS Diploma+
94.4%
Bachelor's+
20.2%
Graduate+
3.7%
Education Level % of Adults (25+)
High School Diploma or Higher94.4%
Bachelor's Degree or Higher20.2%
Graduate or Professional Degree3.7%

Housing

The median home value in Toledo is $118,400, below the national median of $303,400. The median monthly rent is $887. The homeownership rate is 60.5%.

$118,400
Median Home Value
$887/mo
Median Rent
60.5%
Homeownership Rate
Housing Metric Value
Median Home Value$118,400
Median Monthly Rent$887
Homeownership Rate60.5%
Vacancy Rate18.6%

Salaries in Iowa

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Frequently Asked Questions

What is the population of Toledo, Iowa?
The population of Toledo, Iowa is 1,966 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Toledo, Iowa?
The median household income in Toledo, Iowa is $53,333. This is 33.8% below the national median of $80,610.
What is the median home value in Toledo, Iowa?
The median home value in Toledo, Iowa is $118,400. The median monthly rent is $887.
What percentage of people in Toledo have a college degree?
In Toledo, Iowa, 20.2% of adults age 25 and older hold a bachelor's degree or higher, and 94.4% have a high school diploma or higher.
Is Toledo, Iowa an affordable place to live?
The home price-to-income ratio in Toledo, Iowa is 2.2x (median home value $118,400 vs. median income $53,333), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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