Toronto, OH
Population 5,452 · Ohio
About Toronto, OH
Toronto is a small town located in Ohio with a population of 5,452 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,202 per year, which is 37% below the national median of $75,149. The median age of 43.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Toronto features a median home value of $102,800, which is 58% below the national median of $244,900. This makes Toronto one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $673, 42% below the national average of $1,163/month. Of the 2,798 total housing units, 72% are owner-occupied (1,802 units) and 28% are renter-occupied (717 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Toronto shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 14.6%, above the national average of 12.4%. Workers in Toronto have an average one-way commute time of 19.8 minutes, one of the shorter commutes in the region.
Education & Demographics
22.8% of Toronto residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.2% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 1.0% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Toronto, OH
Compared to national averages, Toronto has a median household income of $47,202 (37% below the national median of $75,149). Home values average $102,800, which is 58% below the national median. Monthly rent at $673 is 42% below the US average of $1,163. Within Ohio, Toronto's income is 34% below the state average of $71,814, and home values are 41% below the state median of $174,449.
Why Live in Toronto, OH?
Toronto offers affordable housing with a median home value of $102,800, below the US average of $244,900, and rent that’s lower than the national average at $673/month, and short commute times averaging just 19.8 minutes.
Potential considerations include median household income ($47,202) 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 5,452 with a median age of 43.8 years. Compare Toronto with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Toronto
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Carlisle | 5,460 | $70,000 | $185,400 | Compare |
| Wellston | 5,426 | $55,159 | $107,900 | Compare |
| Deer Park | 5,380 | $80,122 | $189,400 | Compare |
| Reminderville | 5,370 | $104,890 | $316,200 | Compare |
| New Carlisle | 5,552 | $61,483 | $111,900 | Compare |
| New Burlington | 5,556 | $72,455 | $221,000 | Compare |
| Canal Fulton | 5,326 | $62,025 | $184,500 | Compare |
| Turpin Hills | 5,315 | $135,250 | $409,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Toronto With Other Cities
Frequently Asked Questions about Toronto
What is the population of Toronto, OH?
The population of Toronto, OH is 5,452 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Toronto?
The median household income in Toronto, OH is $47,202 per year, which is 37% below the national median of $75,149.
What is the median home value in Toronto?
The median home value in Toronto, OH is $102,800, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Toronto?
The median monthly rent in Toronto, OH is $673, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Toronto?
The unemployment rate in Toronto, OH is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Toronto, OH a good place to live?
Toronto offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 5,452 and a median age of 43.8, the city appeals to a broad range of residents.
How educated is Toronto, OH?
22.8% of residents in Toronto aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Toronto?
Key cost-of-living indicators for Toronto, OH: median home value is $102,800 (58% below national), median rent is $673/month, and median household income is $47,202. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Toronto?
The poverty rate in Toronto, OH is 14.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Toronto, OH?
Toronto's population is 0.2% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 1.0% Asian, and 2.0% two or more races. 0.7% of residents are foreign-born.