Toledo, Ohio (43607) is a vibrant city located in the Toledo Metro area of northwest Ohio. This diverse city provides plenty of amenities to its residents with dozens of local companies such as ProMedica, Owens Corning, and Libbey headquartered there. For those looking to rent in the area, 2-bedroom rentals average $840 per month compared to the national average of $1,430. Additionally, grocery costs in Toledo are 89 on the index compared to 100 nationally which helps make it a more affordable option for many individuals and families.
Toledo (zip 43607) has an unemployment rate of 6.7%. The US average is 6.0%.
Toledo (zip 43607) 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 43607)
- The Sales Tax Rate for Toledo (zip 43607) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Toledo (zip 43607) 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 43607)
- The average income of a Toledo (zip 43607) resident is $20,307 a year. The US average is $37,638 a year.
- The Median household income of a Toledo (zip 43607) resident is $33,505 a year. The US average is $69,021 a year.