Zip 62468 (Toledo, IL) Economy


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Toledo, IL is a great place to live. The town has a population of 6,246 and offers affordable rent for two bedroom apartments at $760 per month. The grocery cost index in the area is 93 which is lower than the US average of 100.
Toledo has plenty of local companies and amenities, including O’Neills Pub & Grill, Paulis Pizza Palace, Acme Computers, and Toledos State Bank. There are also various outdoor recreational areas such as the Toledo Community Park, which features playgrounds, tennis courts and picnic pavilions. With its affordable rent prices and access to local businesses and amenities you can’t go wrong living in Toledo!

Toledo (zip 62468) has an unemployment rate of 5.0%. The US average is 6.0%.

Toledo (zip 62468) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.

Tax Rates for Toledo (zip 62468)
- The Sales Tax Rate for Toledo (zip 62468) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Toledo (zip 62468) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Toledo (zip 62468)
- The average income of a Toledo (zip 62468) resident is $32,478 a year. The US average is $37,638 a year.
- The Median household income of a Toledo (zip 62468) resident is $69,489 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyToledo, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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