Zip 43611 (Toledo, OH) Economy


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Toledo, OH (43611) is an affordable place to live with a two bedroom rent of $890 compared to the US average of $1,430. Additionally, the grocery cost index in Toledo is 91 versus 100 in the US which makes it a great city for those trying to save money. Not only is it affordable there are many local businesses that make this city great! From the restaurants such as Mancy’s Steakhouse and The Heights Café to shops like The Emporium Boutique and stores like Smeeks Toy Store that have been around for generations. Toledo has something for everyone and its low cost of living makes this Ohio City an ideal place to call home.

Toledo (zip 43611) has an unemployment rate of 6.7%. The US average is 6.0%.

Toledo (zip 43611) 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 43611)
- The Sales Tax Rate for Toledo (zip 43611) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Toledo (zip 43611) 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 43611)
- The average income of a Toledo (zip 43611) resident is $21,357 a year. The US average is $28,555 a year.
- The Median household income of a Toledo (zip 43611) resident is $50,860 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%
  $25,990$37,638
  $50,860$69,021
  $58,803$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  6.9%6.8%
  24.0%10.0%
  2.3%2.5%
  8.3%11.0%
  5.8%4.8%
  0.1%0.8%
  0.6%1.9%
  2.1%4.7%
  0.4%1.9%
  4.8%7.6%
  0.0%0.1%
  5.0%4.2%
  6.5%9.3%
  15.8%14.0%
  1.5%2.1%
  6.4%7.0%
  5.8%4.8%
  3.7%4.7%
Health