Skip to main content

Toledo, Ohio Demographics & Population 2026

4th Largest4th most populous city in Ohio
Very AffordableHome value to income ratio of 2.3x is exceptionally low

During the 2020–2024 ACS period, Toledo, Ohio had a total population of 267,463, the 4th largest city in Ohio, with a median household income of $49,724, which is 30% lower than the state average. The poverty rate is 24.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Toledo Quick Facts

Population 267,463
Median Household Income $49,724
Median Home Value $114,500
Poverty Rate 24.3%
Unemployment Rate 7.7%
Median Age 35.8 years
Homeownership Rate 53.3%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 21.9%
High School Graduation Rate 88.7%
Diversity Index 60/100
Population 267,463 4th of 1,264
Median Income $49,724 bottom 20%
Poverty Rate 24.3% 96% higher than national
Median Home Value $114,500 bottom 30%

How Toledo Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population268,461267,463-0.4%
Median household income$47,532$49,724+4.6%
Median home value$107,000$114,500+7.0%

How Toledo Compares

Economy & Housing

Household Income Distribution

Under $25K 26.6%
$25K-$50K 23.6%
$50K-$100K 30.0%
$100K+ 19.7%
Detailed income brackets
Under $10K
9.3%
$10K-$15K
7.1%
$15K-$20K
4.8%
$20K-$25K
5.4%
$25K-$30K
4.5%
$30K-$35K
4.8%
$35K-$40K
4.8%
$40K-$45K
4.9%
$45K-$50K
4.7%
$50K-$60K
7.7%
$60K-$75K
10.2%
$75K-$100K
12.1%
$100K-$125K
8.6%
$125K-$150K
5.1%
$150K-$200K
4.0%
$200K+
2.0%

Employment

7.7% Unemployment Rate State: 4.8%|National: 5.2%
62.1% Labor Force Participation

Housing Overview

Owner 53.3%
Renter 46.7%
Affordability Index Very Affordable
2.3x home value to income ratio
Median gross rent $901/mo 21.7% of median household income annually

People & Demographics

Diversity Index

60out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 41 | National average: 61

Education

Toledo Rankings in Ohio

#4 Population of 1,264
#982 Median Income of 1,191
#504 Education of 1,264
#914 Home Value of 1,206

Other Cities in Lucas County

CityPopulationMedian IncomePovertyHome Value
Oregon 19,799 $82,197 8.5% $204,600
Sylvania 19,055 $100,189 5.6% $249,200
Maumee 13,715 $80,833 4.9% $194,500
Waterville 6,017 $104,114 4.3% $308,400
Ottawa Hills 4,798 $167,917 3.3% $314,900
Whitehouse 4,642 $93,229 10.8% $269,200
Swanton 4,098 $68,299 10.4% $172,700
Curtice 1,535 $104,226 3.8% $282,500
Holland 1,438 $64,868 9.2% $256,000
Neapolis 737 $99,405 17.4% $206,300

Cities Similar to Toledo

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cincinnati311,224$52,909$230,90041.8%25.5%
Akron189,247$48,076$122,00023.6%23.3%
Cleveland366,097$40,801$102,00022.4%30.6%
Dayton136,579$45,247$100,60021.6%26.9%
Columbus914,802$66,082$252,90038.2%18.1%

Population Overview

Toledo is a major urban center located in Ohio, within Lucas County. The total population is 267,463. It ranks as the 4th most populous out of 1,264 Census-designated places in Ohio.

Age Demographics

The median age in Toledo is 35.8 years. This is 10% lower than the state median of 39.7 years.

Economy, Income & Housing

The median household income in Toledo is $49,724. This is 30% lower than the state median of $71,389. It is also 38% lower than the national median of $80,734. The poverty rate stands at 24.3%. This is 83% higher than the state poverty rate of 13.3%. 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 7.7%. This is 61% higher than the state rate of 4.8%. The median home value is $114,500. Housing costs are 47% lower than the state median of $214,800. With a home-value-to-income ratio of just 2.3x, Toledo is one of the most affordable housing markets in the area. 53.3% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 67.2%.

Race & Ethnicity

The largest racial or ethnic group in Toledo is White (non-Hispanic), making up 55.8% of the population. Black or African American residents account for 27.7%. The Black or African American population is significantly higher than the state average (27.7% vs 12.0%). The Hispanic or Latino population is significantly higher than the state average (9.1% vs 4.8%). The Asian population (1.3%) is well below the state average of 2.5%.

Education

21.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 30% lower than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.7%.

Data Sources & Methodology

All demographic data for Toledo, Ohio 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 Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Ohio city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Toledo, Ohio?

Toledo, Ohio has a population of 267,463 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Toledo, OH?

The median household income in Toledo is $49,724, which is 38% lower than the national median of $80,734.

What is the poverty rate in Toledo, OH?

The poverty rate in Toledo is 24.3%. This means approximately 63,632 residents live below the federal poverty line.

What is the racial makeup of Toledo, Ohio?

Toledo's population is 55.8% White, 27.7% Black, 9.1% Hispanic/Latino, and 1.3% Asian.

What is the median home value in Toledo, OH?

The median home value in Toledo is $114,500. The home-value-to-income ratio is 2.3x.

How educated is Toledo, Ohio?

21.9% of adults (25+) in Toledo hold a bachelor's degree or higher, and 7.5% hold a graduate or professional degree.