Toledo, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Toledo, Iowa had a total population of 1,966, the 170th largest city in Iowa, with a median household income of $53,333, which is 29% lower than the state average. The poverty rate is 22.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
Toledo Quick Facts
How Toledo Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,079 | 1,966 | -5.4% |
| Median household income | $56,719 | $53,333 | -6.0% |
| Median home value | $124,000 | $118,400 | -4.5% |
How Toledo Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Toledo Rankings in Iowa
Explore Iowa Rankings
Other Cities in Tama County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Tama | 3,051 | $68,661 | 24.0% | $106,800 |
| Dysart | 1,519 | $67,695 | 12.3% | $158,300 |
| Traer | 1,519 | $76,406 | 11.2% | $151,900 |
| Gladbrook | 992 | $70,125 | 14.9% | $125,200 |
| Garwin | 571 | $55,714 | 7.7% | $87,600 |
| Clutier | 426 | $65,156 | 34.3% | $61,800 |
| Chelsea | 404 | $40,313 | 25.3% | $43,500 |
| Montour | 206 | $81,346 | 6.8% | $94,200 |
| Elberon | 143 | $57,188 | 23.1% | $110,000 |
| Lincoln | 113 | $65,000 | 8.8% | $97,800 |
Cities Similar to Toledo
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Leon | 1,899 | $54,231 | $99,800 | 13.9% | 10.7% |
| Sigourney | 1,954 | $57,813 | $136,800 | 22.8% | 14.8% |
| Greenfield | 1,894 | $56,607 | $137,700 | 28.1% | 14.3% |
| Ida Grove | 1,967 | $61,250 | $94,900 | 19.0% | 8.3% |
| Sac City | 1,885 | $57,139 | $136,000 | 23.9% | 18.2% |
Population Overview
Toledo is a small community located in Iowa, within Tama County. The total population is 1,966. It ranks as the 170th most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Toledo is 40.8 years. This is 6% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Toledo is $53,333. This is 29% lower than the state median of $75,059. It is also 34% lower than the national median of $80,734. The poverty rate stands at 22.2%. This is 101% higher than the state poverty rate of 11.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 6.7%. This is 88% higher than the state rate of 3.6%. The median home value is $118,400. Housing costs are 43% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.2x, Toledo is one of the most affordable housing markets in the area. 60.5% of occupied housing units are owner-occupied. This homeownership rate is 16% lower than the state average of 71.7%.
Race & Ethnicity
The largest racial or ethnic group in Toledo is White (non-Hispanic), making up 77.2% of the population. Hispanic or Latino residents account for 17.6%. The Black or African American population (1.7%) is well below the state average of 3.8%. The Hispanic or Latino population is significantly higher than the state average (17.6% vs 7.3%). The Asian population (0.7%) is well below the state average of 2.5%.
Education
20.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.4%.
Data Sources & Methodology
All demographic data for Toledo, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Toledo, Iowa?
Toledo, Iowa has a population of 1,966 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Toledo, IA?
The median household income in Toledo is $53,333, which is 34% lower than the national median of $80,734.
What is the poverty rate in Toledo, IA?
The poverty rate in Toledo is 22.2%. This means approximately 403 residents live below the federal poverty line.
What is the racial makeup of Toledo, Iowa?
Toledo's population is 77.2% White, 1.7% Black, 17.6% Hispanic/Latino, and 0.7% Asian.
What is the median home value in Toledo, IA?
The median home value in Toledo is $118,400. The home-value-to-income ratio is 2.2x.
How educated is Toledo, Iowa?
20.2% of adults (25+) in Toledo hold a bachelor's degree or higher, and 3.7% hold a graduate or professional degree.