Income & Economy in Toledo city, OH (43623)
Median Income
$65,908
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+863
Wealth inflow
Population
20,360
Unemployment
7.3%
3.6pp above US avg
IRS migration statistics show a net inflow of about 863 for ZIP 43623 (Toledo city, OH) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 43623 (2020–Present)
Since 2020, population grew 4.6%, median income fell 4.9% (inflation-adjusted), home values increased 5.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $65,908 |
| Unemployment | 7.3% |
| Establishments | 838 |
| Employees | 13,496 |