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Toledo, Iowa: commercial real estate data.

Toledo is a Census city of 1,966 people across 2.29 square miles of land, in Tama County. Median household income is $53,333, 60.5 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $2.5 m since FY2020.

Underlined figures are computed by MMCG Analytics, not published by the agency.

Toledo

What Toledo is

  • Census place typecity
  • Land area2.29 sq mi
  • Water area0 sq mi
  • Population per square mile of land857
  • County holding the largest share of its areaTama 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

  • Population1,966
  • Median age40.8 plus or minus 9.1
  • Population under 18372 plus or minus 107
  • Share under 1818.9 percent plus or minus 4.8
  • Population 65 and over393 plus or minus 85
  • Share 65 and over20.0 percent
  • Households850
  • Family households578 plus or minus 122
  • Share of households that are families68.0 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Toledo

Income and work in Toledo

  • Median household income$53,333
  • Per capita income$30,696
  • Civilian labor force967
  • Employed902
  • Unemployed65 plus or minus 44
  • Unemployment rate6.7 percent plus or minus 4.4
  • Adults 25 and over1,260
  • Adults 25 and over with a high school diploma or higher94.4 percent
  • Adults 25 and over with a bachelor degree or higher20.2 percent plus or minus 7.2
  • Adults 25 and over with a graduate degree3.7 percent plus or minus 2.8

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Toledo

Housing in Toledo

  • Housing units1,044
  • Occupied units850
  • Vacant units194 plus or minus 87
  • Vacancy rate18.6 percent plus or minus 8.0
  • Owner occupied514
  • Renter occupied336 plus or minus 110
  • Ownership rate60.5 percent
  • Median owner-occupied home value$118,400
  • Median gross rent, monthly$887 plus or minus $187
  • Annual rent as a share of median income20.0 percent plus or minus 5.4
  • Single family units706
  • Share single family67.6 percent
  • Units in buildings of two or more203 plus or minus 93
  • Share in buildings of two or more19.4 percent plus or minus 8.6
  • Mobile homes135 plus or minus 67
  • Median year structure built1965

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 commute901
  • Commuting under 15 minutes465 plus or minus 133
  • Share commuting under 15 minutes51.6 percent plus or minus 12.5
  • Commuting 30 minutes or more298 plus or minus 117
  • Share commuting 30 minutes or more33.1 percent plus or minus 12.0
  • Drove alone85.6 percent
  • Carpooled12.6 percent plus or minus 7.3
  • Public transport0.0 percent
  • Walked1.7 percent plus or minus 2.4
  • Worked from home0.1 percent plus or minus 0.9

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Toledo

SBA loans in Toledo (7(a))

  • Approvals2
  • Gross approval$2,481,000
  • Average approval$1,240,500
  • Median approval$1,240,500
  • Largest approval$1,500,000
  • Jobs supported139
  • Jobs per approval69.5
  • Loans with a final outcome1
  • Paid in full1
  • Charged off0
  • Median term210 months
  • Share on real estate terms of 20 years or more50.0 percent
  • Share to franchises0.0 percent
  • Distinct lenders2
  • Distinct industries by NAICS2

Counted by borrower city: approvals to borrowers whose address is in Toledo, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Toledo

Flood risk in Toledo

  • NFIP communityCity of Toledo
  • NFIP community number190667
  • Participating in the NFIPYes
  • Community Rating System classNone
  • Currently effective map date10/07/21

The City of Toledo participates in the National Flood Insurance Program as community 190667 and carries no Community Rating System class, so no CRS premium discount applies to it.

Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.

Tama County, not Toledo

Tama County context, not Toledo figures

  • Establishments in Tama County282
  • Covered employment, Tama County5,356
  • Average annual pay, Tama County$48,774
  • Housing units permitted, Tama County12

Every figure in this section is published for Tama County as a whole and is not a measurement of Toledo.

All Tama County figures →

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.

Coverage

What this page does not hold.

Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →

Common questions

Toledo questions, answered from the record.

How many people live in Toledo, Iowa?

1,966, in 850 households. Toledo city covers 2.29 square miles of land, which is 857 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?

Tama 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?

$53,333. The median owner-occupied home is valued at $118,400. Median gross rent is $887 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Toledo businesses?

2 7(a) approvals totaling $2.5 m since FY2020, across 2 lenders, median approval $1,240,500. These count approvals to borrowers whose address is in Toledo, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Toledo borrowers get paid back?

No rate is published for Toledo. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.

Is Toledo in the National Flood Insurance Program?

Yes. Toledo appears in the FEMA Community Status Book as Toledo, city of, community 190667, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.

Are the county figures on this page Toledo figures?

No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Tama 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?

No. Nothing on this page presents parcel level zoning.