City

Toledo, IL

1 ZIP code  ·  Cumberland County  ·  Illinois

👥2,311Population
💰$67,708Median HH Income▼ 11% below avg
🎂46.3Median Age
🏠$108,400Median Home Value▼ 61% below avg
🎓33.9%College Grads▼ 13% below avg
📊0.9%Unemployment▼ 82% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.7% Female 48.3% ♀

Race & Ethnicity

White: 97.6%Hispanic: 1.4%Black: 0.6%Other: 0.4%Race
White97.6%
Hispanic1.4%
Black0.6%
Other0.4%

Age Breakdown

Under 5
7%
5–17
15%
18–24
8%
25–44
19%
45–64
28%
65+
12%

Key Indicators

Median Age46.3 yrs
Avg HH Size2.41
Below Poverty8.4% ▼ 17% below avg
College Grads33.9% ▼ 13% below avg
Unemployment0.9% ▼ 82% below avg
No HS Diploma15 (1%)
HS Graduate595 (38.3%)
Some College237 (15.3%)
Associates180 (11.6%)
Bachelors290 (18.7%)
Graduate Degree236 (15.2%)

Education

No HS: 1%HS Grad: 38.3%Some College: 15.3%Associates: 11.6%Bachelors: 18.7%Graduate: 15.2%Edu
No HS1.0%
HS Grad38.3%
Some College15.3%
Associates11.6%
Bachelors18.7%
Graduate15.2%
Housing & Income

Housing Tenure

Owner: 78.8%Renter: 21.2%Tenure
Owner78.8%
Renter21.2%

Home Value Distribution

Under $50k
12%
$50k–$100k
34%
$100k–$150k
18%
$150k–$200k
14%
$200k–$300k
10%
$300k–$500k
11%
Over $500k
2%

Financials

Median HH Income$67,708 ▼ 11% below avg
Median Home Value$108,400 ▼ 61% below avg
Home/Income Ratio1.6x (nat avg ~3.5x)
Median Rent$763/mo
Total Housing Units1,046
Vacant Units99

Income Distribution

Under $25k
14%
$25k–$50k
22%
$50k–$75k
17%
$75k–$100k
17%
$100k–$150k
20%
$150k–$200k
5%
Over $200k
5%
Employment & Commute

How People Get to Work

Drove Alone
84%
Walked
4%
Work From Home
13%

Commute Time

Under 15 min
36%
15–30 min
37%
30–45 min
18%
Over 45 min
10%
Housing Stock

Year Built

Before 1940
8%
1940s–1950s
8%
1960s–1970s
13%
1980s–1990s
11%
2000+
59%
About Toledo, IL

Toledo is a city in Illinois, located in Cumberland County. The city spans 1 ZIP code and is home to approximately 2,311 residents. It is a mature city, with a median age of 46.3 years.

Economically, Toledo is a solidly middle-class community. The median household income of $67,708 is near the national average. Approximately 8.4% of residents live below the poverty line. The unemployment rate is 0.9%, well below the national average.

The real estate market in Toledo is one of the more affordable housing markets in the country. Median home values stand at $108,400, which is well below the national average. Renters typically pay around $763 per month. Homeownership is high at 78.8%, typical of suburban and family-oriented communities.

The population of Toledo is moderately educated. 33.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (97.58%).

Toledo, IL offers residents a cost-conscious lifestyle within Illinois.

ZIP Codes in Toledo
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
62468 2,311 $67,708 $108,400 $763 0.9% 33.9% 78.8%