Zip 43613 (Toledo, OH) Economy


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Toledo, OH (zip code 43613) is a mid-sized city located in the Midwestern United States. It is known for its rich cultural heritage and impressive architecture along the Maumee River. The cost of living in Toledo is relatively low compared to other US cities - specifically 2 bedroom rentals are $940, compared to the national average of $1,430. Grocery costs are also lower than the national index, at 92 versus 100. Local companies include ProMedica Healthcare System, Owens Corning, Libbey Glass Inc., The Andersons Inc., and Welltower Inc. Renters hoping to find an affordable place to live should consider Toledo due to its low rental prices which are significantly lower than the national average.

Toledo (zip 43613) has an unemployment rate of 6.7%. The US average is 6.0%.

Toledo (zip 43613) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.

Tax Rates for Toledo (zip 43613)
- The Sales Tax Rate for Toledo (zip 43613) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Toledo (zip 43613) is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Toledo (zip 43613)
- The average income of a Toledo (zip 43613) resident is $21,955 a year. The US average is $28,555 a year.
- The Median household income of a Toledo (zip 43613) resident is $57,800 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyToledo, OhioUnited States
  6.76
  -6.8%-6.2%
  22.1%33.5%
  7.3%6.2%
  5.7%4.6%
  $27,782$37,638
  $57,800$69,021
  $72,626$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  4.4%6.8%
  17.3%10.0%
  4.1%2.5%
  13.7%11.0%
  5.9%4.8%
  0.4%0.8%
  1.5%1.9%
  3.5%4.7%
  1.0%1.9%
  5.5%7.6%
  0.1%0.1%
  3.6%4.2%
  6.9%9.3%
  15.8%14.0%
  1.7%2.1%
  8.0%7.0%
  3.4%4.8%
  2.5%4.7%
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