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 and the county seat of Lucas County, Ohio, United States. At the 2020 census, it had a population of 270,871, making Toledo the fourth-most populous city in Ohio, after Columbus, Cleveland, and Cincinnati. Toledo is the 85th-most populous city in the United States. It is the principal city of the Toledo metropolitan area, which 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...

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.
Violent Crime
2729
159% NAT. AVG.
226% STATE AVG.
Property Crime
7849
48% NAT. 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.
Toledo Scorecard

Jobs40%

Housing50%

Affordability80%

Safety40%

Amenities95%

Diversity90%

Education60%

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