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Toledo, Ohio

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
267,463
Population
$49,724
Median Income
$114,500
Home Value
35.8
Median Age

Demographics

Toledo has a population of 267,463 with a median age of 35.8. Here is the racial and ethnic breakdown of the population:

White
57.9%
Black
28.2%
Hispanic
9.1%
Other
3.5%
Asian
1.3%
Demographic Value
Total Population267,463
Median Age35.8
White57.9%
Black or African American28.2%
Asian1.3%
Hispanic or Latino9.1%
Other / Two or More Races3.5%
Toledo, Ohio — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 57.9%Black: 28.2%Hispanic/Latino: 9.1%Other: 3.5%Other: 1.3%267,463PopulationWhiteWhite57.9%BlackBlack28.2%Hispanic/LatinoHispanic/Latino9.1%OtherOther3.5%OtherOther1.3%

Income & Economy

The median household income in Toledo is $49,724, which is 38.3% below the national median of $80,610. The per capita income is $28,642. The poverty rate is 24.3%.

$49,724
Median Household Income
$28,642
Per Capita Income
24.3%
Poverty Rate

Employment

The unemployment rate in Toledo is 6.8%, compared to the national rate of 4.1%.

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Education

In Toledo, 88.7% of residents age 25+ have a high school diploma or higher, and 21.9% hold a bachelor's degree or higher (7.5% with a graduate or professional degree).

HS Diploma+
88.7%
Bachelor's+
21.9%
Graduate+
7.5%
Education Level % of Adults (25+)
High School Diploma or Higher88.7%
Bachelor's Degree or Higher21.9%
Graduate or Professional Degree7.5%

Housing

The median home value in Toledo is $114,500, below the national median of $303,400. The median monthly rent is $901. The homeownership rate is 53.3%.

$114,500
Median Home Value
$901/mo
Median Rent
53.3%
Homeownership Rate
Housing Metric Value
Median Home Value$114,500
Median Monthly Rent$901
Homeownership Rate53.3%
Vacancy Rate10.6%

Salaries in Ohio

Explore salary data for popular occupations in Ohio:

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Other Cities in Ohio

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Frequently Asked Questions

What is the population of Toledo, Ohio?
The population of Toledo, Ohio is 267,463 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Toledo, Ohio?
The median household income in Toledo, Ohio is $49,724. This is 38.3% below the national median of $80,610.
What is the median home value in Toledo, Ohio?
The median home value in Toledo, Ohio is $114,500. The median monthly rent is $901.
What percentage of people in Toledo have a college degree?
In Toledo, Ohio, 21.9% of adults age 25 and older hold a bachelor's degree or higher, and 88.7% 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 2.3x (median home value $114,500 vs. median income $49,724), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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