Toledo, IA is a great place to live with affordable housing. The average two-bedroom rent is only $840 per month compared to the national average of $1,430. Additionally, the Grocery Cost Index is 93 versus 100 in the US. Toledo offers plenty of local businesses such as Brown's Orchard & Farm Market and Country Store and Barnstormer BBQ & Catering for residents to shop at. There are also lots of fun activities for visitors such as visiting Pollmiller Park or spending an afternoon at the Tama County Historical Museum. Toledo is a great place to call home with its affordable living costs and nearby attractions.
Toledo has an unemployment rate of 5.4%. The US average is 6.0%.
Toledo has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Toledo
- The Sales Tax Rate for Toledo is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Toledo is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Toledo
- The average income of a Toledo resident is $21,107 a year. The US average is $28,555 a year.
- The Median household income of a Toledo resident is $46,563 a year. The US average is $69,021 a year.