Average Income in Toledo, OH
$55,777
Average AGI
124,760
Tax Returns Filed
14
ZIP Codes
$31,622 – $112,965
AGI Range Across ZIPs
About Toledo, Ohio
Toledo's economy carries the legacy of its glass manufacturing heritage — the city was once known as the Glass Capital of the World — alongside automotive parts production and healthcare. The University of Toledo and ProMedica Health System are major employers. Like many Rust Belt cities, Toledo has experienced population loss and economic restructuring, resulting in modest average incomes. Ohio's moderate state income tax and very affordable housing make the area's incomes stretch further than in coastal metros. The city's income data reflects an industrial community in transition, with healthcare and education gradually replacing manufacturing jobs.
All 14 ZIP Codes in Toledo, OH
| ZIP Code | Avg AGI ▼ | Returns | National Rank | % Under $25K | % Over $200K |
|---|---|---|---|---|---|
| 43617 | $112,965 | 3,880 | #3,380 | 22.4% | 11.1% |
| 43623 | $76,308 | 10,230 | #10,095 | 27.2% | 4.7% |
| 43606 | $72,641 | 10,320 | #11,671 | 31.1% | 5.5% |
| 43615 | $64,958 | 19,460 | #15,711 | 31.6% | 3.3% |
| 43614 | $58,523 | 14,940 | #19,582 | 27.9% | 1.9% |
| 43611 | $54,568 | 8,760 | #21,949 | 29.8% | 1.5% |
| 43613 | $50,598 | 15,690 | #23,963 | 29.7% | 0.8% |
| 43604 | $45,480 | 3,130 | #25,769 | 51.8% | 1.9% |
| 43620 | $42,942 | 1,840 | #26,302 | 42.9% | 1.1% |
| 43612 | $41,523 | 13,310 | #26,542 | 36.7% | 0.4% |
| 43607 | $36,505 | 8,380 | #27,171 | 47.6% | 0.7% |
| 43610 | $36,142 | 1,830 | #27,191 | 49.7% | 0.0% |
| 43609 | $34,430 | 8,150 | #27,325 | 45.9% | 0.0% |
| 43608 | $31,622 | 4,840 | #27,483 | 51.7% | 0.0% |
Nearby Major Cities
Closest cities with 50,000+ tax returns filed, sorted by distance from Toledo.
| City | State | Avg AGI | Returns | ZIPs | Distance |
|---|---|---|---|---|---|
| Ann Arbor | MI | $138,195 | 69,960 | 5 | 43 mi |
| Detroit | MI | $40,127 | 225,580 | 25 | 47 mi |
| Livonia | MI | $84,629 | 51,370 | 3 | 51 mi |
| Warren | MI | $49,608 | 55,760 | 4 | 64 mi |
| Sterling Heights | MI | $64,602 | 67,600 | 4 | 69 mi |
| Clinton Township | MI | $63,245 | 52,730 | 3 | 72 mi |
| Rochester Hills | MI | $136,068 | 50,720 | 3 | 74 mi |
| Lansing | MI | $52,115 | 78,000 | 7 | 88 mi |
| Fort Wayne | IN | $75,631 | 160,250 | 16 | 90 mi |
| Cleveland | OH | $53,442 | 165,980 | 17 | 101 mi |