Toledo, Ohio, a city with a population of 43614, offers a more affordable living experience than the United States average. The 2 bedroom rent in Toledo is $910 per month compared to the US average of $1,430. Additionally, grocery cost index in Toledo is 93 versus 100 in the US. This means that residents can expect to save money on food as well.
Toledo is home to several local companies such as Owens Corning, which is an international supplier of insulation and fiberglass composite materials; Libbey Glass Inc., which creates glassware products; and ProMedica Health System, which provides healthcare services to the community. Toledo also has several amenities that make it an attractive place to live including country clubs, restaurants, parks, golf courses, shopping malls and museums.
Toledo (zip 43614) has an unemployment rate of 6.7%. The US average is 6.0%.
Toledo (zip 43614) 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 43614)
- The Sales Tax Rate for Toledo (zip 43614) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Toledo (zip 43614) 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 43614)
- The average income of a Toledo (zip 43614) resident is $26,369 a year. The US average is $28,555 a year.
- The Median household income of a Toledo (zip 43614) resident is $50,113 a year. The US average is $69,021 a year.