Toledo, OR is a small city located in Oregon. It offers residents affordable housing options, with the average 2 Bedroom rent being $1,180 compared to the US average of $1,430. Furthermore, Toledo has an above-average Grocery Cost Index with 99 versus the national average of 100. The city is known for its local businesses and services such as Toledo Hardware & Lumber Co., which specializes in lumber and building supplies; Toledo Auto Repair Center, which provides car repair services; and Toledo Public Library, which offers books and other resources to community members. Additionally, residents can benefit from a variety of public services such as police protection and fire protection provided by the Toledo Fire Department.
Toledo has an unemployment rate of 8.7%. The US average is 6.0%.
Toledo has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Toledo
- The Sales Tax Rate for Toledo is 0.0%. 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 $25,402 a year. The US average is $37,638 a year.
- The Median household income of a Toledo resident is $48,534 a year. The US average is $69,021 a year.