According to statistics, the population in Toledo, OH amounts to 274,973, which shows decline -1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $35,866, shifting decline -4% from the past year, and the average property value in Toledo, OH growth 2% to $79,900 throughout the year.
|Number Of Employees||121,600|
|Median Property Value||$79,900|
The average household income in Toledo, OH declined from $37,339 to $35,866 in the past year. This data is an estimate based upon 116,849 households in Toledo, OH . The chart below presents how household income is distributed in Toledo, OH in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Toledo, OH shifted from $78,400 to $79,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Toledo, OH in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Toledo, OH properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Toledo, OH compared to median property taxes around the country. The prevalent amount of property taxes in Toledo, OH equals $1150, which is less than the national average.
During Dec 2022, the average price for an apartment in/near Toledo, OH decreased by 1.5% to $103,276.
Knowing the current property prices is key if you plan to buy a studio in Toledo, OH. The average price for a studio has increased since the last month, currently being $77,983. After collecting all data points, we now see that the average price for 1-bed apartment increased by 22.9% to $79,900. Asking price for 2-bed apartment also increased by 3.3% and a place of this size will now cost you $85,172. A 3-bed apartment goes for $110,075, it increased by 3.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 16.6% and made it down to $111,551.
The average cost of an apartment in Toledo, OH rised by 0.2% to $69,138. Price reports demonstrate that house price decreased by 3.7% this month making it up to $102,537. Condos are really in demand in this season. The median price for a condo increased by 29.2%, it’s now available for $234,967. The average price of the land for sale in Toledo, OH has increased by 274.7%, and now equals $139,900.