Toledo, IA demographics:
population, income, and more

Total population
1,966
-5.4% year-over-year change
Median household income
$53,333/yr
-6.0% year-over-year change
Housing units
1,044
4.1% year-over-year change

Toledo population

How many people live in Toledo

Toledo is home to 1,966 residents, according to the most recent Census data. Gender-wise, 45.3% of Toledo locals are male, and 54.7% are female.

Total population
1,966
-5.4% year-over-year change
Gender ratio
Male
45.3%
890
Female
54.7%
1,076
Value Percent YoY change
Male 890 45.3% -8.2%
Female 1,076 54.7% -3.1%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Toledo is 41, with the population distributed as follows: about 15.2% are children under 15, then 20.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 17.6% of the population, while another 26.5% fall into the 45 to 64 bracket. Finally, around 20% are 65 or older.

Median age
40.8
Age breakdown
Under 15
15.2%
15 to 24
20.7%
25 to 44
17.6%
45 to 64
26.5%
Over 65
20%
Value Percent YoY change
Under 15 299 15.2% -21.3%
15 to 24 407 20.7% 22.2%
25 to 44 346 17.6% -8.2%
45 to 64 521 26.5% -16.8%
Over 65 393 20% 8.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Toledo, 98.1% of the population are US-born citizens, while 1.2% have gained naturalized citizenship. At the same time, 0.7% of residents are non-citizens. As for race, 80.2% of locals are Caucasian, 4% are African American and 0.7% have Asian roots. There’s also a share of 11.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.1%
Non-U.S.-born citizens
1.2%
Non-citizens
0.7%
Value Percent YoY change
U.S.-born citizens 1,928 98.1% -5.3%
Non-U.S.-born citizens 24 1.2% -4.0%
Non-citizens 14 0.7% -22.2%
Racial breakdown
White
80.2%
Black or African American
4%
American Indian and Alaska Native
3.6%
Asian
0.7%
Native Hawaiian and other Pacific Islander
0%
Two or more races
11.2%
Other
0.4%
Value Percent
White 1,576 80.2%
Black or African American 78 4%
American Indian and Alaska Native 71 3.6%
Asian 14 0.7%
Two or more races 220 11.2%
Other 7 0.4%

Households in Toledo

A peek inside Toledo households

Toledo has 850 households, with an average of 2 members in each. Of these, 68% are families, while the remaining 32% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
850
0.2% year-over-year change
Average people per household
2
Non-family households
272
Family households
578
Value Percent YoY change
Non-family households 272 32% -16.3%
Family households 578 68% 10.5%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Toledo

The housing landscape of Toledo

Toledo's housing consists of 1,044 units, with 67.2% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 12.9% of the housing landscape.

Housing units
1,044
4.1% year-over-year change
Housing types
Value Percent
1 unit, detached 702 67.2%
1 unit, attached 4 0.4%
2 units 21 2%
3 or 4 units 64 6.1%
5 to 9 units 39 3.7%
10 to 19 units 37 3.5%
20 to 49 units 30 2.9%
50 or more units 12 1.2%
Mobile home 135 12.9%
Homes built since 2020
20
53.9% year-over-year change

The age of buildings in Toledo

In Toledo, the median construction year is 1965. About 33.9% of homes were built before the 1940s, with another 0.4% going up by 1949. Most development happened in the second half of the 20th century. Then, 4.7% of homes were added from 2000 to 2009, 0.8% between 2010 and 2019, and 1.9% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 354 33.9% -0.8%
Built between 1940 and 1949 4 0.4% -93.8%
Built between 1950 and 1959 66 6.3% 4.8%
Built between 1960 and 1969 208 19.9% 70.5%
Built between 1970 and 1979 134 12.8% -16.2%
Built between 1980 and 1989 75 7.2% 50.0%
Built between 1990 and 1999 126 12.1% -2.3%
Built between 2000 and 2009 49 4.7% 444.4%
Built between 2010 and 2019 8 0.8% -77.8%
Built in 2020 or later 20 1.9% 53.9%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Toledo occupancy rates

Out of the 850 occupied housing units in Toledo, 60.5% are owner-occupied, while 39.5% are lived in by tenants. Meanwhile, 18.6% of all homes on the local market sit vacant.

Occupied housing units
850
0.2% year-over-year change
Occupancy breakdown
Renter occupied
336
Owner occupied
514
Value Percent YoY
change
Renter occupied 336 39.5% 34.4%
Owner occupied 514 60.5% -14.1%
Unoccupied housing units
18.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Toledo housing costs

Housing costs in Toledo come to a median of $881 per month, while tenants specifically pay a median gross rent of $887.

Median housing costs per month
$881/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Toledo
$887/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Toledo

Toledo education at a glance

About 59.7% of the population in Toledo went to high school, while 13.1% pursued college studies. Another 8.5% earned an associate degree and 13.6% hold a bachelor’s. Meanwhile, 3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 35 2.2% 2.9%
High school diploma 952 59.7% 5.0%
College diploma 209 13.1% -12.9%
Associate degree 135 8.5% -26.6%
Bachelor's degree 216 13.6% 11.9%
Graduate degree 47 3% 11.9%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Toledo

How much people earn in Toledo

The average annual household income in Toledo was $66,455 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.8% change from the previous year. At the same time, the median income stood at $53,333, reflecting a -6% shift over the same period.

Average household income in Toledo
$66,455/year
1.8% year-over-year change
Median household income in Toledo
$53,333/year
-6.0% year-over-year change

Toledo income by age

In Toledo, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $65,658. Those with someone between 45 and 64 in charge, often well established professionally, earn $78,162 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $39,653, while those led by someone over 65, many of whom may be retired, have about $50,833 in earnings. Overall, 78.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $39,653 -13.6%
25 - 44 $65,658 0.8%
45 - 64 $78,162 33.3%
Over 65 $50,833 -2.2%
Above poverty level
1,403
Below poverty level
384
Value Percent YoY
change
Above poverty level 1,403 78.5% -2.9%
Below poverty level 384 21.5% -10.3%

Average renter income in Toledo

To get a better sense of what renters earn on average in Toledo, their median household income was $42,000 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 25.3%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$42,000
Rent-to-income ratio
25.3%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Toledo

Workforce and job types in Toledo

The job market in Toledo is powered by 902 working residents, spread across a range of industries and roles. 63.3% of the working population are employed in professional or administrative positions, while 36.7% are in hands-on or service-based jobs. Also, 7.5% run their own businesses, 77.7% are employed by private companies, and 14.4% work in the public sector.

Workforce demographics

Working population
902
4.9% year-over-year change
White collar
571
Blue collar
331
Value Percent YoY change
White collar 571 63.3% 4.2%
Blue collar 331 36.7% 6.1%
Employer type
Self employees
7.5%
Private companies
77.7%
Governmental workers
14.4%
Not for profit companies
0.3%
Value Percent YoY change
Self employees 68 7.5% -12.8%
Private companies 701 77.7% 4.6%
Governmental workers 130 14.4% 35.4%
Not for profit companies 3 0.3% -81.2%
Unemployment rate
6.7%
12.1% year-over-year change

Available workforce

The unemployment rate in Toledo stands at 6.7%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Toledo

How people get around in Toledo

Commuting methods vary: 98.2% of residents travel by personal vehicle and 1.7% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 886 98.2% 13.2%
Walk 15 1.7% -65.9%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Toledo by zipcode?

Zipcode Population Number of households Median income Average income
52342 2,705 1,141 $57,813 $75,330

Explore more communities

FAQs about Toledo demographics 

What is the total population of Toledo?

Toledo has a total population of 1,966 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -5.4% compared to a year ago.

What is the gender ratio in Toledo?

The gender ratio in Toledo is as follows:
  • 45.3% males (890 residents)
  • 54.7% females (1,076 residents)

What is the median age in Toledo?

The median age in Toledo is 40.8.

What is the age distribution of the population in Toledo?

The age distribution in Toledo is as follows:
  • Under 15: 15.2% (299 residents)
  • Ages 15-24: 20.7% (407 residents)
  • Ages 25-44: 17.6% (346 residents)
  • Ages 45-64: 26.5% (521 residents)
  • Over 65: 20% (393 residents)

What is the racial and ethnic makeup of Toledo?

The racial and ethnic makeup of Toledo is as follows:
  • White: 80.2% (1,576 residents)
  • Black or African American: 4% (78 residents)
  • American Indian and Alaska Native: 3.6% (71 residents)
  • Asian: 0.7% (14 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 11.2% (220 residents)
  • Other: 0.4% (7 residents)

What percentage of the population in Toledo are U.S.-born citizens?

U.S.-born citizens represent 98.1% of the population in Toledo.

How many housing units are there in Toledo?

There are 1,044 housing units in Toledo, reflecting a +4.1% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Toledo and what is the average household size?

Toledo has a total of 850 households, with an average of 2 people in each.

What is the median household income in Toledo?

Toledo has a median household income of $53,333, representing a -6.0% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Toledo?

The employment rate is 93.3% in Toledo, with a workforce of 902 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 63.3% (571 residents)
  • Blue-collar workers: 36.7% (331 residents)

Places of employment:
  • Self-employed: 7.5% (68 residents)
  • Private companies: 77.7% (701 residents)
  • Governmental workers: 14.4% (130 residents)
  • Not-for-profit companies: 0.3% (3 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025