Economy in Toledo, Ohio

Toledo has an unemployment rate of 5.3%. The US average is 5.2%.

Toledo has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is lower than the US average of 38.0%.

Tax Rates for Toledo
- The Sales Tax Rate for Toledo is 7.3%. The US average is 6.0%.
- The Income Tax Rate for Toledo is 5.7%. The US average is 4.6%.

Income and Salaries for Toledo
- The average income of a Toledo resident is $19,113 a year. The US average is $28,555 a year.
- The Median household income of a Toledo resident is $33,485 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYToledo, OhioUnited States
  Unemployment Rate5.3%5.2%
  Recent Job Growth1.4%1.6%
  Future Job Growth37.4%38.0%
  Sales Taxes7.3%6.0%
  Income Taxes0.05720.046
  Income per Cap.$19,113$28,555
  Household Income$33,485$53,482
  Family Median Income$43,656$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.4%1.3%
  Mining, quarrying, oil and gas extraction0.1%0.6%
  Construction4.3%6.2%
  Manufacturing15.0%10.4%
  Wholesale trade2.6%2.7%
  Retail trade11.5%11.6%
  Transportation and warehousing5.6%4.1%
  Utilities00
  Information1.7%2.1%
  Finance and insurance2.4%4.7%
  Real estate, rental, leasing1.3%1.9%
  Professional, scientific, technical services3.7%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs5.0%4.3%
  Educational services7.6%9.3%
  Health care and social assistance17.8%13.8%
  Arts, entertainment, recreation2.0%2.2%
  Accommodation, food services10.3%7.4%
  Other services4.8%4.9%
  Public administration3.2%4.8%
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    Reviews for Toledo    44 Reviews
    NYC Transplant to Toledo - 9/24/2018
    I’m from NYC and now live in Toledo. It was a culture shock to move here. Obviously you cant compare the two in terms of things to do so I won’t get into that. If you... Read More

    Start Your Review of Toledo


    High Quality of Life - 3/20/2017
    I have lived in Toledo, Ohio for about 7 years now. Toledo has one of the highest qualities of life I have experienced. Here are some highlights I enjoy:... Read More

    Bad vibe living here like doing time - 2/2/2017
    This place has a bad vibe. Yes there are things to do. There is a list that is popular with people defending Toledo. This is it Toledo zoo Toledo art... Read More


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    MAPS OF TOLEDO, OHIO
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    ZIP CODES IN TOLEDO, OHIO
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