Zip 98591 (Toledo, WA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Toledo, WA (98591) is a small town in Washington that offers an affordable lifestyle for its residents. The average two bedroom rent in Toledo is $1,060, significantly lower than the US average of $1,430. The cost of groceries here are also more budget-friendly with a Grocery Cost Index of 100, compared to the national average of 100 as well. In addition to being affordable, Toledo is home to many local businesses such as Toledos Coffee House and Sparks Family Market that offer quality products and services at competitive prices. With a low cost of living and plenty of local amenities to enjoy, Toledo is an ideal place for people looking to settle down in an economical yet comfortable environment.

Toledo (zip 98591) has an unemployment rate of 7.0%. The US average is 6.0%.

Toledo (zip 98591) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 40.5%, which is higher than the US average of 33.5%.

Tax Rates for Toledo (zip 98591)
- The Sales Tax Rate for Toledo (zip 98591) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Toledo (zip 98591) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Toledo (zip 98591)
- The average income of a Toledo (zip 98591) resident is $24,640 a year. The US average is $28,555 a year.
- The Median household income of a Toledo (zip 98591) resident is $72,679 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyToledo, WashingtonUnited States
  76
  -2.6%-6.2%
  40.5%33.5%
  7.8%6.2%
  0.0%4.6%
  $35,658$37,638
  $72,679$69,021
  $89,375$85,028
  Population by Occupation
  6.7%1.2%
  0.0%0.5%
  18.5%6.8%
  7.0%10.0%
  2.5%2.5%
  10.1%11.0%
  3.6%4.8%
  1.9%0.8%
  1.9%1.9%
  3.6%4.7%
  0.5%1.9%
  4.3%7.6%
  0.0%0.1%
  1.3%4.2%
  8.5%9.3%
  17.3%14.0%
  0.0%2.1%
  2.7%7.0%
  6.4%4.8%
  3.3%4.7%
Health