Toledo, IA Demographics

The total population of Toledo is estimated to be 2,047 with 934 males (45.63%) and 1,113 females (54.37%). There are 179 more females than males in Toledo.
The median household income in Toledo was $50,331 in 2021, which marked an an increase of 2,378(4.96%) from $47,953 in 2020. This income is 67.46% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Toledo sees its highest median household income among householders in the age group of 25 to 44 years old, at $54,368. Overall, the median household income for the city of Toledo stands at $50,331.
In Toledo, the median income for all workers aged 15 years and older, regardless of work hours, was $40,425 for males and $27,652 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $51,157 for males and $36,841 for females.
In Toledo, population is primarily represented by White households, reporting a median income of $49,799.
In 2022, the population of Toledo was 2,391, a 2.22% increase year-by-year from 2021. Previously, in 2021, Toledo's population was 2,339, a decline of 1.14% compared to a population of 2,366 in 2020.
The median age in Toledo, IA is 39.6, as per 2021 ACS 5-Year Estimates. Of the total population, 18.77% were under the age of 15, 23.13% aged 15 to 29, 38.03% aged 30 to 64, 17.96% aged 65 to 84, and 2.11% were 85 years of age and older.
Racial distribution of Toledo population: 89.13% are White, 1.44% are Black or African American, 6.85% are American Indian and Alaska Native, 0.19% are Asian, 0.43% are some other race and 1.96% are multiracial.