Toledo, Ohio (43612) is a great place to live. The average two bedroom rent is $860 which is much lower than the national average of $1,430. This makes Toledo an affordable place to live for families who need larger homes. Additionally, the grocery cost index in Toledo is 90 versus 100 in the US, making it easier for people to buy healthy groceries at a reasonable price.
Toledo offers a variety of local companies and services to its residents. There are many large employers like ProMedica, Owens Corning, and HCR ManorCare that provide jobs to local residents. For entertainment, there are places like Zoo Toledo and The Collingwood Arts Center that offer fun activities for everyone. There are also plenty of locally owned restaurants like Mancy's Italian Grill and Besa Restaurant & Bar where one can enjoy delicious meals with family or friends. Additionally, there are many stores throughout Toledo that offer all kinds of goods and services such as gardening supplies from Lucas County Farmers Market or computer repair from Geek Squad.
Toledo (zip 43612) has an unemployment rate of 6.7%. The US average is 6.0%.
Toledo (zip 43612) 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 43612)
- The Sales Tax Rate for Toledo (zip 43612) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Toledo (zip 43612) 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 43612)
- The average income of a Toledo (zip 43612) resident is $18,546 a year. The US average is $28,555 a year.
- The Median household income of a Toledo (zip 43612) resident is $44,352 a year. The US average is $69,021 a year.