Living in Toledo, Oregon
Cost of living, income, home prices, rent and demographics of Toledo · Census data 2020–2024
Toledo has 3,546 residents with a median age of 36.7. The median household income is $53,947 (35% lower than the Oregon median), the median home value is $299,100, the median rent is $1,084/month.
Toledo at a glance
- Population
- 3,546
- Median age
- 36.7State: 40.4
- Median household income
- $53,947State: $83,011
- Median home value
- $299,100State: $477,600
- Median rent
- $1,084/moState: $1,525
- Homeowners
- 54.2%
- Bachelor's degree or higher
- 19.1%
- Average commute
- 26 min
Is Toledo a good place to live?
Pros: Home values 37% lower than the state median.
Cons: Median household income 35% lower than the Oregon median; an average commute of 26 minutes; unemployment of 10.8%; a poverty rate of 27%.
The weather is best in June to September.
Cost of living in Toledo
Housing is the biggest part of the cost of living. In Toledo the median home value is $299,100, 10% lower than the U.S. median. Renters pay a median of $1,084 per month, which is 29.4% of household income. Homeowners with a mortgage pay $1,581 a month in housing costs.
Toledo median household income
The median household income in Toledo is $53,947 and the income per person is $25,518. 27% of residents live below the poverty line (Oregon: 11.9%).
Housing in Toledo: homes for sale and rent
- Housing units
- 1,499
- Owner-occupied
- 54.2%
- Renter-occupied
- 45.8%
- Vacant
- 7.4%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.53
Toledo demographics
- Population
- 3,546
- Median age
- 36.7
- Under 18
- 25.4%
- 65 and older
- 14.4%
- Households
- 1,388
- Foreign-born
- 1.9%
- Veterans
- 10.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Toledo ›
Education in Toledo
19.1% of adults 25 and older in Toledo have a bachelor's degree or higher (Oregon: 36.8%), and 3.8% have a graduate or professional degree.
Jobs and commute in Toledo
- Unemployment rate
- 10.8%State: 5.4%
- Average commute
- 26 minState: 23 min
- Work from home
- 5.2%
- Drive alone
- 71.5%
- Public transit
- 1.8%
- Walk to work
- 4.1%
- Homes with broadband
- 92.3%
Toledo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Toledo | 3,546 | $53,947 | $299,100 | $1,084 |
| Newport | 10,583 | $60,568 | $441,400 | $1,241 |
| Siletz | 1,119 | $86,667 | $251,200 | — |
| Bayshore | 925 | $61,894 | $437,400 | — |
| Depoe Bay | 1,782 | $85,417 | $377,700 | $1,622 |
| Waldport | 2,177 | $55,625 | $365,900 | $987 |
| Lincoln Beach | 2,434 | $73,750 | $422,900 | $884 |
| San Marine | 506 | $77,710 | $478,600 | — |
| Yachats | 979 | $67,125 | $557,500 | $979 |
More for people moving to Toledo
Toledo ZIP code ›Weather and climate ›Living in Toledo: FAQ
What is the median household income in Toledo, OR?
The median household income in Toledo is $53,947, 35% lower than the Oregon median of $83,011 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Toledo?
The median home value in Toledo is $299,100, compared with $477,600 in Oregon.
How much is rent in Toledo?
The median gross rent in Toledo is $1,084 per month, about 29.4% of household income.
Is Toledo, OR a good place to live?
Pluses: home values 37% lower than the state median. Minuses: median household income 35% lower than the Oregon median; an average commute of 26 minutes; unemployment of 10.8%; a poverty rate of 27%.
What is the median age in Toledo?
The median age in Toledo is 36.7 years (Oregon: 40.4).
How long is the commute in Toledo?
The average commute to work in Toledo is 26 minutes; 5.2% of workers work from home.
What is the unemployment rate in Toledo?
The unemployment rate in Toledo is 10.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Toledo?
19.1% of adults in Toledo have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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