Toledo, Illinois
2026 Edition · 10 cards · data as of Oct 30, 2026
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Population
Down 2.0% since 2020.
1,140
people, the 608th-largest of Illinois's cities and towns.
Census Population Estimates, 2025. Rank among Illinois's cities and towns computed by the Almanac. Sources: Census Population Estimates
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The workday
9 in 10 jobs here go to people who live somewhere else.
90.8%
of 598 jobs located in Toledo are filled by in-commuters.
Census LEHD LODES, 2023. Sources: Census LEHD LODES
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Rent
Median rent is up 85% since the 2005–2009 survey, before inflation.
$909
a month. Illinois's median is $1,274.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year
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The seam
Cross one tract line and median rent jumps $210.
A $210 gap between neighbors, the sharpest rent edge between adjacent tracts in Cumberland County.
- $744 Tract 9725
- $954 Tract 9726
Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year
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Room to build
Local wages can carry more rent than the median charged today.
$1,057–$1,585
is the monthly rent range local workforce wages support.
- $909 median
Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
Most of the housing here is older than 2000.
- 91% of all homes were built before 2000
Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year
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Units needed
Closing the gap would add 0.2–1.1% to the 541 homes here.
1–6
is the estimated number of missing housing units, from the lowest to the highest of three estimates.
Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 67% less than Illinois's.
$86,100
median home value in Toledo.
- $86,100 Toledo
- $263,300 Illinois
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year