Toledo is a large city located in the state of Ohio. The city has a population of 280,854 people. In Toledo, there are 3,480 people per square mile, which is well above the national population density average. If you are not a fan of long commutes, you will enjoy living in Toledo. With average one way commute time of only 20 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Toledo can be a positive experience for anyone moving to the area. Having said that, in the state of Ohio, there are many incredible places to live, so choose wisely! To help you find the best places to live in and around Toledo, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living and more.
With a livability score of 62 out of 100, Toledo is ranked #20,970 in the United States and #1,069 in Ohio. There are seven total categories that generate the livability score. Toledo ranks well for amenities (A+) and cost of living (B+). Toledo does not score well for the following: crime (F), weather (D-), education (D), employment (F) and housing (D). It might be a smart idea to take a closer look at each category to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Toledo on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Some of the interesting things to do and attractions include: Toledo Zoo, Toledo Museum of Art, and Toledo Mud Hens Baseball.
Assuming that Toledo meets all of your requirements, the next most important item to examine is the affordability of real estate in Toledo. Everything else becomes a lot less important if it turns out that home prices in Toledo are simply unattainable. The median home price for Toledo homes is $77,800, which is 41% lower than the Ohio average. If we take a closer look at the affordability of homes in Toledo, we’ll see that the home price to income ratio is 2.3, which is 11.5% lower than the Ohio average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Toledo were 7%, and the 5 year appreciation rates came in at 4.9%.
|West Gate, Toledo||73||2.4||5,073|
|Franklin Park, Toledo||73||4||15,655|
|Glendale-Heather Downs, Toledo||70||4.1||11,374|