Toledo, IA
Population 2,079 · Iowa
About Toledo, IA
Toledo is a small community in Iowa with a population of 2,079 residents. The median household income is $56,719 per year, which is near the national average. The median age in Toledo is 41.2 years.
Housing in Toledo has a median home value of $124,000 and median monthly rent of $958. Of the 1,003 total housing units, the majority are owner-occupied, with 598 owner-occupied and 250 renter-occupied units.
The unemployment rate in Toledo is 6.3% and the poverty rate is 23.6%. 16.7% of residents hold a bachelor's degree or higher. The average commute time is 20.8 minutes.
Cost of Living in Toledo, IA
Compared to national averages, Toledo has a median household income of $56,719 (25% below the national median of $75,149). Home values average $124,000, which is 49% below the national median. Monthly rent at $958 is 18% below the US average of $1,163. Within Iowa, Toledo's income is 17% below the state average of $67,947, and home values are 6% below the state median of $132,237.
Why Live in Toledo, IA?
Toledo offers affordable housing with a median home value of $124,000, below the US average of $244,900, and rent that’s lower than the national average at $958/month, and short commute times averaging just 20.8 minutes.
Potential considerations include median household income ($56,719) that falls below the national average. However, Toledo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Toledo has a population of 2,079 with a median age of 41.2 years. Compare Toledo with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Toledo
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Monroe | 2,074 | $81,488 | $173,500 | Compare |
| Audubon | 2,069 | $41,389 | $92,800 | Compare |
| Colfax | 2,089 | $82,878 | $160,500 | Compare |
| Dallas Center | 2,058 | $88,750 | $231,100 | Compare |
| Lake Mills | 2,054 | $70,333 | $127,100 | Compare |
| Lamoni | 2,121 | $52,300 | $107,900 | Compare |
| Ely | 2,033 | $102,262 | $275,800 | Compare |
| Columbus Junction | 2,129 | $76,518 | $114,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Toledo
What is the population of Toledo, IA?
The population of Toledo, IA is 2,079 according to the latest Census data.
What is the median household income in Toledo?
The median household income in Toledo, IA is $56,719 per year.
What is the median home value in Toledo?
The median home value in Toledo, IA is $124,000.
What is the average rent in Toledo?
The median monthly rent in Toledo, IA is $958.
What is the unemployment rate in Toledo?
The unemployment rate in Toledo, IA is 6.3%.