Toledo, Iowa.
Typical home $173,232 (+4.0% in a year).
to buy the typical home at today's mortgage rate — +$513 (+130%) since Jan 2020.
- 1 year
- Up $6,663 +4%
- $166,569$173,232 since Sep 2025
- 5 years
- Up $40,569 +31%
- $132,663$173,232 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Toledo$909
- Iowa$1,242
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Toledo, IA rose 4.0% over the past year — faster than the nation's +1.2%.
Living in Toledo, Tama County, Iowa
Toledo is a city of 2,369 people in Tama County. Half its households earn more than $53,333 a year and half less, against $70,781 across Tama County; 22% of its people live below the poverty line. 60% of its homes are lived in by their owners and 40% are rented. Unemployment in Tama County was 4.4% in August 2026, and the county had 0.7% more jobs in 2025 than the year before. The most people in Tama County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Toledo is a small city in Tama County, Iowa, where winters run cold and snowy and summers turn warm. Incomes in town are below the county's, and poverty is more common than a typical American community. Most homes are lived in by their owners, and typical home values are modest. Relatively few adults have a four-year degree, and the daily drive to work is short.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops and the building trades also employing many. Among the largest workplaces in Toledo are Pioneer Hi-Bred's seed production plant, Fareway Stores and Accura HealthCare of Toledo. Unemployment across Tama County has barely changed from a year earlier, and the county has added a small number of jobs.
Things to do. The Wieting Theater, a theatre in or beside town, is the nearest of the area's well-known places. A longer drive away are Rock Creek State Park and Union Grove State Park, both protected areas where people go to walk and spend time outdoors. The Glick-Sower House, a museum, is also a longer drive away.
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- 850households
- 20%of adults have a degree
- 22%below the poverty line
- 22 mintypical commute
- 0%work from home
What people in Tama County work in
Employed residents by industry, from the Census survey. Tama County had 5,391 jobs in 2025, 0.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 27° and lows near 9°; warmest in July, with highs near 83° and lows near 62°. About 33 inches of snow and 35 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Toledo 3N weather station, 3 miles away (NOAA).
Largest workplaces in Toledo
- Pioneer Hi-Bred International, Inc., Toledo, IA ProductionSeed processing, post-harvest for propagation83
- Fareway Stores, Inc. 792 ToledoGrocery stores64
- Accura HealthCare of ToledoSkilled nursing facilities54
- Hy-VeeSupermarkets and other grocery except convenience stores31
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 232 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windVery high
- Winter weatherRelatively high
- TornadoesRelatively high
- DroughtRelatively moderate
- HailRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Toledo’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Tama County.
Toledo home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Toledo$173,232
- Iowa$236,623
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Toledo10
Zip codes with a Toledo address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Toledo — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.