Toledo, WA Economy


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Toledo, WA is a small city located in the heart of Washington State. It is known for its stunning natural beauty, with lush forests and mountain views. The median two-bedroom rent in Toledo is around $1,030 per month, which is significantly lower than the US average of $1,430. This makes it a great option for those looking to save money on rent without sacrificing quality of life. Additionally, the Grocery Cost Index in Toledo is roughly equal to that of the US average, so residents can expect their grocery bills to stay relatively stable.
Toledo has a variety of businesses for local residents to take advantage of, including Bowers Auto Parts & Service Center for auto repairs and maintenance services and Black Rock Coffee Bar for excellent coffee drinks and pastries. There are also numerous churches scattered throughout town that offer spiritual guidance and community activities for those seeking a connection with like-minded individuals. All in all, Toledo offers an affordable cost of living compared to other areas in Washington State while still allowing access to a range of amenities that make life more enjoyable.

Toledo has an unemployment rate of 7.0%. The US average is 6.0%.

Toledo has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 40.5%, which is higher than the US average of 33.5%.

Tax Rates for Toledo
- The Sales Tax Rate for Toledo is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Toledo is 0.0%. 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 $22,931 a year. The US average is $28,555 a year.
- The Median household income of a Toledo resident is $58,542 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyToledo, WashingtonUnited States
  76
  -2.6%-6.2%
  40.5%33.5%
  7.8%6.2%
  0.0%4.6%
  $39,175$37,638
  $58,542$69,021
  $86,500$85,028
  Population by Occupation
  1.3%1.2%
  0.0%0.5%
  12.1%6.8%
  1.3%10.0%
  2.6%2.5%
  19.0%11.0%
  15.1%4.8%
  3.4%0.8%
  0.0%1.9%
  0.0%4.7%
  3.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.6%4.2%
  15.9%9.3%
  9.1%14.0%
  0.0%2.1%
  7.3%7.0%
  1.3%4.8%
  6.0%4.7%
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