Toledo, Ohio

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
269,962
Population
$45,405
Median Income
$98,800
Home Value
35.4
Median Age

Demographics

Toledo has a population of 269,962 with a median age of 35.4. Here is the racial and ethnic breakdown of the population:

White
59.6%
Black
28.1%
Hispanic
8.9%
Other
2.1%
Asian
1.3%
Demographic Value
Total Population269,962
Median Age35.4
White59.6%
Black or African American28.1%
Asian1.3%
Hispanic or Latino8.9%
Other / Two or More Races2.1%

Income & Economy

The median household income in Toledo is $45,405, which is 39.6% below the national median of $75,149. The per capita income is $25,860. The poverty rate is 24.6%.

$45,405
Median Household Income
$25,860
Per Capita Income
24.6%
Poverty Rate

Employment

The unemployment rate in Toledo is 8.2%, compared to the national rate of 5.4%.

Education

In Toledo, 88.1% of residents age 25+ have a high school diploma or higher, and 20.2% hold a bachelor's degree or higher (6.8% with a graduate or professional degree).

HS Diploma+
88.1%
Bachelor's+
20.2%
Graduate+
6.8%
Education Level % of Adults (25+)
High School Diploma or Higher88.1%
Bachelor's Degree or Higher20.2%
Graduate or Professional Degree6.8%

Housing

The median home value in Toledo is $98,800, below the national median of $281,900. The median monthly rent is $854. The homeownership rate is 52.4%.

$98,800
Median Home Value
$854/mo
Median Rent
52.4%
Homeownership Rate
Housing Metric Value
Median Home Value$98,800
Median Monthly Rent$854
Homeownership Rate52.4%
Vacancy Rate11.6%

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Frequently Asked Questions

What is the population of Toledo, Ohio?
The population of Toledo, Ohio is 269,962 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Toledo, Ohio?
The median household income in Toledo, Ohio is $45,405. This is 39.6% below the national median of $75,149.
What is the median home value in Toledo, Ohio?
The median home value in Toledo, Ohio is $98,800. The median monthly rent is $854.
What percentage of people in Toledo have a college degree?
In Toledo, Ohio, 20.2% of adults age 25 and older hold a bachelor's degree or higher, and 88.1% have a high school diploma or higher.
Is Toledo, Ohio an affordable place to live?
The home price-to-income ratio in Toledo, Ohio is 2.2x (median home value $98,800 vs. median income $45,405), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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