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Toledo

Learn about the people, housing, costs and businesses in Toledo, Washington

Median Home$380,500
Median Rent$1,114/month
Population719
Leading IndustriesConstruction · Public Administration · Agriculture & Mining5% construction
Home Value Growth+4.3% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners88% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableHigh Incomes$85k/year · top 30% nationally
Toledo
WA

Frequently Asked Questions

What are today's mortgage rates in Toledo?

As of today, the 30-year fixed mortgage rate for Toledo is approximately 6.872% (6.907% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Toledo?

The median home value in Toledo is $381k. The median monthly rent is $1,114. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Toledo?

Home values in Toledo have increased 4.3% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Toledo?

Based on a typical all-in ownership cost of $1,146/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Toledo is $85k/year.

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What industries drive the economy in Toledo?

The largest employment sectors in Toledo are public administration (27%) and retail (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.