Toledo, OH is a great place to call home with its 2 bedroom rent averaging $770, much lower than the US national average of $1430. Grocery cost index in Toledo is 87 compared to 100 for the US. There are many great local companies in Toledo that you can explore like Owens Corning, which has been providing quality insulation materials since 1938. Another major employer is Libbey, a glassware manufacturer known for their traditional and modern products. Additionally, Marathon Petroleum has its headquarters located in Toledo and it operates 5 refineries across the US. Finally, The Andersons Inc., founded in 1947, provides agricultural and transportation services as well as grain trading in markets around the world.
Toledo (zip 43604) has an unemployment rate of 6.7%. The US average is 6.0%.
Toledo (zip 43604) has seen the job market decrease by -6.8% 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 43604)
- The Sales Tax Rate for Toledo (zip 43604) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Toledo (zip 43604) 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 43604)
- The average income of a Toledo (zip 43604) resident is $17,904 a year. The US average is $37,638 a year.
- The Median household income of a Toledo (zip 43604) resident is $15,004 a year. The US average is $69,021 a year.