Zip 43615 (Toledo, OH) Economy


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Toledo, OH (43615) is a rapidly growing city with many local companies that provide a variety of job opportunities. The average rent cost for a two bedroom apartment in Toledo is $950, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Toledo is 92 compared to 100 in the US. This makes it more affordable for residents to purchase groceries in Toledo than other parts of the country. Some local companies that are based in Toledo include Grupo Antolin North America, The Andersons Inc., Libbey Inc., Owens Corning, and Dana Incorporated. These companies create many jobs and help bring economic growth to the city.

Toledo (zip 43615) has an unemployment rate of 6.7%. The US average is 6.0%.

Toledo (zip 43615) 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 43615)
- The Sales Tax Rate for Toledo (zip 43615) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Toledo (zip 43615) 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 43615)
- The average income of a Toledo (zip 43615) resident is $31,805 a year. The US average is $37,638 a year.
- The Median household income of a Toledo (zip 43615) resident is $50,508 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyToledo, OhioUnited 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%
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    Unlock6.8%
    Unlock10.0%
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    Unlock11.0%
    Unlock4.8%
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    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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