Moving to Toledo
What you need to know before relocating to Toledo, Ohio. Data-driven insights on housing, jobs, safety, and quality of life.
Is Toledo a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Toledo compares favorably on multiple dimensions. Highlights include rent ($927/mo) is below the national average; home prices ($184,900) are well below the us median; high school graduation rate of 91%.
Toledo at a Glance
Cost of Living in Toledo
The median rent in Toledo is $927/month, while the median home value is $184,900. With a median household income of $63,074, residents spend roughly 18% of monthly income on rent.
Overall, the Toledo metro area is classified as affordable compared to other US metros.
Job Market
Toledo has a median household income of $63,074, which is 15% below the national median. The local unemployment rate is 4.1%, compared to the national average of 3.7%.
Safety in Toledo
The violent crime rate in Toledo is 287 per 100,000 residents, which is 25% below the national average of 380.
Property crime rate: 1692 per 100,000 residents.
Education in Ohio
Ohio has a high school graduation rate of 91% and per-pupil spending of $16,687/year. The student-to-teacher ratio is 16:1.
33% of Ohio adults hold a bachelor's degree or higher.
Healthcare Access
Ohio has 289 physicians per 100,000 residents, a 7.4% uninsured rate, and 2.9 hospital beds per 1,000 people. Life expectancy in Ohio is 76.1 years.
Pros and Cons of Living in Toledo
+Pros
- ✓Rent ($927/mo) is below the national average
- ✓Home prices ($184,900) are well below the US median
- ✓High school graduation rate of 91%
- ✓Low uninsured rate (7.4%) and good healthcare access
-Cons
- ✗Median household income ($63,074) trails the national median
- ✗Longer-than-average commute (261471 min)
Frequently Asked Questions
Is Toledo a good place to live?⌄
Toledo, Ohio has several attributes that make it an attractive place to live, including rent ($927/mo) is below the national average and home prices ($184,900) are well below the us median. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Toledo?⌄
The median rent in Toledo is $927/month and the median home value is $184,900. The median household income is $63,074. Overall the metro is considered affordable.
Is Toledo safe?⌄
Toledo has a violent crime rate of 287 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Toledo?⌄
Toledo has an unemployment rate of 4.1%, compared to the national average of 3.7%. The median household income is $63,074.