| Population:301,285 |
| Area: 81 sq. miles |
| Median Family Income:$41,175 |
| Median Age : 33 Years |
| Per Capita Income :$17,388 |
The city of Toledo offers the full range of services that one would expect of a major metropolitan area. The city also offers some specialized programs designed to promote business in designated areas and attract new companies to the area.
The Division of Business, Workforce and Technology works to attract and maintain both large and small businesses. The DBWT uses private and public partnerships to assist companies who need financing or technical assistance. The goal of the DBWT is to accomplish maximum in economic development and job creation with a minimal price tag.
The Toledo Economic and Industrial Development Corporation assists companies in securing low interest loans for expansion and job creation.
The low cost of living is another attractive aspect of the city. The median house price in Toledo is only $75,300. This coupled with a good economy and a relatively high median family income of over $41,000 per year; makes home ownership a realistic goal for most Toledo residents. The low cost of living has also attracted many out of state residents who are looking for a more reasonable housing market. |