Illinois · Census place 75601
Toledo village, IL
Quick answer
Toledo village has 1,209 residents, ranking #641 of 1462 places in Illinois. Median household income is $59,881, the median home is worth $92,200 and median gross rent runs $650 a month.
- Population
- 1,209Toledo village residents
- Median household income
- $59,881Past 12 months, inflation adjusted
- Median home value
- $92,200Owner-occupied units
- Median gross rent
- $650Rent plus utilities, monthly
- Median age
- 42.1 yrsAll residents
- Homeownership rate
- 69.3%Owner-occupied households
What the numbers mean in Toledo village
Housing cost measured against local earnings.
A household earning the Toledo village median would spend about 13% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.1% of residents and 69.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Oakwood village 1,243
- North Utica village 1,215
- Martinsville city 1,212
- Big Rock village 1,208
- Third Lake village 1,203
- Milledgeville village 1,199
- Camp Point village 1,197
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More Illinois coverage.