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.

A high school education is a basic prerequisite for most jobs, and in Toledo, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. 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. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Toledo, only 19% of adults have a bachelor's degree and 35% have some college but no degree.

Cost of living in Toledo is 85, which is 15% lower than national average. 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.