Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 59.6 yrs |
|---|---|
| Avg HH Size | 2.08 |
| Below Poverty | 8.3% ▼ 17% below avg |
| College Grads | 35.2% ▼ 9% below avg |
| Unemployment | 15.0% ▲ 207% above avg |
| HS Graduate | 110 (29.6%) |
| Some College | 80 (21.5%) |
| Associates | 51 (13.7%) |
| Bachelors | 40 (10.8%) |
| Graduate Degree | 91 (24.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $77,604 ≈ Avg |
|---|---|
| Median Home Value | $222,900 ▼ 20% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Total Housing Units | 560 |
| Vacant Units | 328 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Toivola is a city in Michigan, located in Houghton County. The city spans 1 ZIP code and is home to approximately 482 residents. It is an older city, with a median age of 59.6 years.
Economically, Toivola is a middle-income community. The median household income of $77,604 is near the national average. Approximately 8.3% of residents live below the poverty line. The unemployment rate is 15.0%, more than double the national average.
The real estate market in Toivola is an affordable housing market. Median home values stand at $222,900, which is below the national average. Homeownership is high at 94.4%, typical of suburban and family-oriented communities.
The population of Toivola is moderately educated. 35.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (92.12%).
Toivola, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49965 | 482 | $77,604 | $222,900 | — | 15.0% | 35.2% | 94.4% |