Pros and Cons of Living In Toledo, Ohio. Is Toledo, OH a Nice Place To Live or Retire?
Toledo, Ohio
Moving to Toledo In Ohio ? Is Toledo, OH a Nice Place To Live? Pros and Cons of Living in Toledo, Ohio. Find out the best and worst about to live, raise a family or retire in Toledo.
Toledo ( tə-LEE-doh) is a city in Lucas County, Ohio, United States, and its county seat. It is located at the western end of Lake Erie along the Maumee River. Toledo is the fourth-most populous city in Ohio and 86th-most populous city in the United States, with a population of 270,871 at the 2020 census. The Toledo metropolitan area had 606,240 residents in 2020. Toledo also serves as a major trade center for the Midwest; its port is the fifth-busiest on the Great Lakes.
The city was founded in 1833 on the west bank of the Maumee River and originally incorporated as part of the Michigan Territory. It was re-founded in 1837 after the conclusion of the Toledo War, when...
DEMOGRAPHICS
Population
275116
Unemployment
8.7%
85%
NAT AVG.
Poverty
25.6%
83%
NAT AVG.
Cost Of Living
85
15%
NAT AVG.
ECONOMICS
Median Home Cost
$83600
64%
NAT AVG.
Median Income
$39155
42%
NAT AVG.
Median Rent
$737
36%
NAT AVG.
Overall Score
4
CRIME REPORT
Total Crime
10578
66%
NAT. AVG.
81% STATE AVG.
81% STATE AVG.
Violent Crime
2729
159%
NAT. AVG.
226% STATE AVG.
226% STATE AVG.
Property Crime
7849
48%
NAT. AVG.
56% STATE AVG.
56% STATE AVG.
SOCIO-ECONOMICS
People Living Below BPL
1 in 4
Unemployed People
1 in 11
People Earning < $10,000
1 in 8
People Earning < $50,000
60.4%
People With Any Degree
1 in 3.4
ETHNICITY
| Ethnicity | Toledo | USA |
|---|---|---|
| White | 58.1% | 60.1% |
| African American | 26.9% | 12.2% |
| American Indian | 0.2% | 0.6% |
| Asian | 1.2% | 5.6% |
| Hawaiian | 0% | 0.2% |
| Multiracial | 4.2% | 2.8% |
| Hispanic | 8.8% | 18.2% |
| Other | 0.5% | 0.3% |
HOUSEHOLD INCOME
| HOUSEHOLD INCOME | Toledo | USA |
|---|---|---|
| Less than $10,000 | 12.7% | 5.8% |
| $10,000 to $14,999 | 7.6% | 4.1% |
| $15,000 to $24,999 | 13% | 8.5% |
| $25,000 to $34,999 | 12.2% | 8.6% |
| $35,000 to $49,999 | 14.9% | 12.0% |
| $50,000 to $74,999 | 17.5% | 17.2% |
| $75,000 to $99,999 | 9.9% | 12.8% |
| $100,000 to $149,999 | 9.2% | 15.6% |
| $150,000 to $199,999 | 2.2% | 7.1% |
EDUCATION
| Education | Toledo | USA |
|---|---|---|
| < 9th Grade | 4% | 5.0% |
| 9-12th Grade | 10% | 7.0% |
| High School or GED | 32% | 27.0% |
| Other College | 25% | 20.0% |
| Associate's Degree | 10% | 9% |
| Bachelor's Degree | 13% | 20.0% |
| Master's Degree | 4% | 9.0% |
| Professional Degree | 1% | 2.0% |
| Doctorate Degree | 1% | 1.0% |
Toledo is a city in Ohio state in USA with a population of 275116 residents..
The poverty rate of Toledo is 25.6%, which is 83% higher than national average.
The typical household in Toledo earns $39155 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 60.4% of households earn less than $50,000 a year compared to 39% national rate.
The unemployment rate of Toledo remained 8.7%, which is 85% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.
Cost of living in Toledo is 85, which is 15% lower than national average. In Toledo, only 19% of adults have a bachelor's degree and 35% have some college but no degree. Median home value in Toledo is $83600 , which is 64% lower than national average. While median income in Toledo remained $39155, which is 42% lower than national average.
Cost of living in Toledo is 85, which is 15% lower than national average. In Toledo, only 19% of adults have a bachelor's degree and 35% have some college but no degree. Median home value in Toledo is $83600 , which is 64% lower than national average. While median income in Toledo remained $39155, which is 42% lower than national average.