HomeIllinoisCumberland CountyToledo village
Toledo village, Illinois: commercial real estate data.
Toledo village is a Census village of 1,197 people across 0.89 square miles of land, in Cumberland County. Median household income is $56,354, 66.0 percent of occupied homes are owned.
60 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Toledo
What Toledo is
- Census place typevillage
- Land area0.89 sq mi
- Water area0 sq mi
- Population per square mile of land1,348 plus or minus 314
- County holding the largest share of its areaCumberland County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Toledo
How many people live in Toledo
- Population1,197 plus or minus 279
- Median age39.4 plus or minus 8.1
- Population under 18278 plus or minus 79
- Share under 1823.2 percent
- Population 65 and over201 plus or minus 64
- Share 65 and over16.8 percent plus or minus 3.6
- Households491
- Family households287 plus or minus 84
- Share of households that are families58.5 percent plus or minus 13.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Toledo
Income and work in Toledo
- Median household income$56,354 plus or minus $11,908
- Per capita income$26,514
- Civilian labor force598 plus or minus 163
- Employed592 plus or minus 161
- Unemployed6 plus or minus 9
- Unemployment rate1.0 percent plus or minus 1.5
- Adults 25 and over802 plus or minus 180
- Adults 25 and over with a high school diploma or higher89.7 percent plus or minus 27.4
- Adults 25 and over with a bachelor degree or higher17.1 percent plus or minus 5.1
- Adults 25 and over with a graduate degree3.7 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Toledo
Housing in Toledo
- Housing units541
- Occupied units491
- Vacant units50 plus or minus 40
- Vacancy rate9.2 percent plus or minus 7.2
- Owner occupied324 plus or minus 69
- Renter occupied167 plus or minus 71
- Ownership rate66.0 percent
- Median owner-occupied home value$86,100
- Median gross rent, monthly$909 plus or minus $496
- Annual rent as a share of median income19.4 percent plus or minus 11.3
- Single family units422
- Share single family78.0 percent
- Units in buildings of two or more32 plus or minus 25
- Share in buildings of two or more5.9 percent plus or minus 4.5
- Mobile homes87 plus or minus 46
- Median year structure built1959
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Toledo
How Toledo gets to work
- Workers 16 and over who commute522 plus or minus 142
- Commuting under 15 minutes242 plus or minus 98
- Share commuting under 15 minutes46.4 percent plus or minus 14.0
- Commuting 30 minutes or more135 plus or minus 57
- Share commuting 30 minutes or more25.9 percent plus or minus 8.3
- Drove alone75.8 percent
- Carpooled7.8 percent plus or minus 3.9
- Public transport0.0 percent
- Walked4.3 percent plus or minus 3.7
- Worked from home10.9 percent plus or minus 5.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Toledo
SBA loans in Toledo (504)
- Approvals1
- Gross approval$101,000
- Average approval$101,000
- Median approval$101,000
- Largest approval$101,000
- Jobs supported8
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cumberland County, not Toledo
Cumberland County context, not Toledo figures
These are Cumberland County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Toledo measurements.
- Establishments in Cumberland County178
- Employment at those establishments, Cumberland County1,788
- Covered employment, Cumberland County2,893
- Average annual pay, Cumberland County$47,709
- Average weekly wage, Cumberland County$917
- Housing units permitted, Cumberland County0
- Of those, single family, Cumberland County0
- County product, 2024, Cumberland County$1,827,987,000
- County product change over the prior year, Cumberland County35.0 percent
- Average income of an arriving household, Cumberland County$48,551
Every figure in this section is published for Cumberland County as a whole and is not a measurement of Toledo. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Toledo questions, answered from the record.
How many people live in Toledo, Illinois?
1,197, in 491 households. Toledo village covers 0.89 square miles of land, which is 1,348 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Toledo in?
Cumberland County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Toledo?
$56,354. The median owner-occupied home is valued at $86,100. Median gross rent is $909 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Toledo figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cumberland County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Toledo.
Is zoning published for Toledo?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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