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US City Data

Toronto, IA

Population 69 · Iowa

Population
69
Median Income
$43,333
Median Home Value
$66,700
Median Rent
$0/mo

About Toronto, IA

Toronto is a small community in Iowa with a population of 69 residents. The median household income is $43,333 per year, which is below the national average. The median age in Toronto is 64.6 years.

Housing in Toronto has a median home value of $66,700 and median monthly rent of $0. Of the 46 total housing units, the majority are owner-occupied, with 28 owner-occupied and 6 renter-occupied units.

The unemployment rate in Toronto is 14.3% and the poverty rate is 23.2%. 0.0% of residents hold a bachelor's degree or higher. The average commute time is 31.3 minutes.

Cost of Living in Toronto, IA

Compared to national averages, Toronto has a median household income of $43,333 (42% below the national median of $75,149). Home values average $66,700, which is 73% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Toronto's income is 36% below the state average of $67,947, and home values are 50% below the state median of $132,237.

Income vs National
$43,333
National: $75,149
Iowa: $67,947
Home Value vs National
$66,700
National: $244,900
Iowa: $132,237
Rent vs National
$0
National: $1,163
Iowa: $810
Unemployment vs National
14.3%
National: 3.7%
Iowa: 4.7%

Why Live in Toronto, IA?

Toronto offers affordable housing with a median home value of $66,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month.

Potential considerations include median household income ($43,333) that falls below the national average. However, Toronto’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Toronto has a population of 69 with a median age of 64.6 years. Compare Toronto with other cities to see how it stacks up, or explore all cities in Iowa.

Similar Cities Near Toronto

Cities in Iowa with a similar population size.

CityPopulationMedian IncomeHome Value
Lanesboro69$36,667$91,700Compare
Carpenter70$72,344$62,500Compare
Climbing Hill70$0$125,000Compare
Gray70$57,125$51,700Compare
Greenville70$44,375$70,000Compare
Kingston70$71,563$0Compare
St. Paul68$81,250$158,300Compare
Garden City67$36,667$61,100Compare

Demographics

64.6
Median Age
36
Male
33
Female
0%
Foreign Born

Racial & Ethnic Composition

White0Hispanic/Latino0Black1.4Asian0Two or More0

Economy & Education

14.3%
Unemployment Rate
23.2%
Poverty Rate
0%
Bachelor's Degree+
31.3 min
Avg Commute

Housing

46
Total Housing Units
28
Owner Occupied
6
Renter Occupied

Other Cities in Iowa

Iowa CityIowa FallsAckleyAckworthAdairAdel

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Toronto With Other Cities

Toronto vs Iowa CityToronto vs Iowa FallsToronto vs AckleyToronto vs Ackworth

Frequently Asked Questions about Toronto

What is the population of Toronto, IA?

The population of Toronto, IA is 69 according to the latest Census data.

What is the median household income in Toronto?

The median household income in Toronto, IA is $43,333 per year.

What is the median home value in Toronto?

The median home value in Toronto, IA is $66,700.

What is the average rent in Toronto?

The median monthly rent in Toronto, IA is $0.

What is the unemployment rate in Toronto?

The unemployment rate in Toronto, IA is 14.3%.

Explore More

Cost of Living in IowaMost Populated Cities in IowaCheapest Cities in IowaHighest Income Cities in IowaLowest Rent in IowaBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideToronto vs AckleyToronto vs AckworthToronto vs Adair