Toronto, IA Employment - Median Household Income, Unemployment Rate

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F

31%

Income/capita NAT. AVG.

32%

Household income NAT. AVG.

51%

Unemployment NAT. AVG.

Index	Toronto	Iowa	National
Income per capita	$31,027	$42,672	$44,883
Median household income	$55,123	$81,387	$81,333
Median income owner occupied	$74,792	$98,724	$106,172
Median income renter occupied	$46,867	$45,890	$52,080
Median earnings male	$52,451	$54,047	$54,343
Median earnings female	$34,643	$36,462	$38,439
Unemployment rate	7.4%	3.2%	4.9%
Poverty level	22.0%	12.3%	15.1%

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Key findings

The income per capita in Toronto is 31% lower than the national average
The median household income in Toronto is 32% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Toronto is 51% higher than the national average
The poverty level in Toronto is 45% higher than the national average

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am i middle class

$36,744 $55,123 $110,246

City

$54,252 $81,387 $162,774

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Toronto median earnings by income bracket

Toronto employment by industry

Labour Type	Male	Female
Construction industry	0.0%	0.0%
Manufacturing sector	28.6%	28.6%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	71.4%	71.4%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	0.0%	0.0%
Other	0.0%	0.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Long Grove, IA	928	$161,155	98.1%
Donahue, IA	392	$138,877	70.8%
Bennett, IA	434	$106,860	31.4%
Tipton, IA	3,276	$104,120	28.0%
Grand Mound, IA	573	$100,991	24.2%
Toronto, IA	84	$55,123	32.2%

Cities with similar population

City	Population	Household Income	National Avg.
Blue Eye, AR	84	$24,957	69.3%
Roe, AR	84	$0	100.0%
Woodlawn, AR	84	$140,526	72.8%
Cedar Springs, GA	84	$0	100.0%
Oto, IA	84	$0	100.0%
Toronto, IA	84	$55,123	32.2%

Source: The Toronto, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.