Toledo, Ohio Overview Located at the westernmost point of Lake Erie, Toledo is a thriving city in Ohio. The city, ...
Toledo, Ohio Overview
Located at the westernmost point of Lake Erie, Toledo is a thriving city in Ohio. The city, which was incorporated in 1837, is home to 287,208 people. The Maumee River goes through Toledo, which provides riverfront locations that make the city truly picturesque. Toledo is also rich in culture and arts. The Toledo Museum of Art, the Stranahan Theater and the Collingwood Arts Center contribute to the appeal of the city. John Denver once sang a song about the city that was initially considered disparaging, but it later became a tune that residents embraced, resulting in a massively successful concert he held in Toledo.
According to Forbes, the cost of living in Toledo, OH is around 13.3 percent less expensive than the national average. The median household income in Toledo is $44,091, and the median price for a home is $83,800. There are also many things to do in Toledo that are relatively inexpensive, including a diverse array of sports, which also makes for interesting Toledo jobs. The Toledo Speedway features automobile racing, and the Automobile Racing Club of America is headquartered in Toledo.
Toledo Job Opportunities
Although Toledo was once a port city because of its prime location by the Great Lakes, it became more centered on industrial manufacturing. The major industries for Toledo jobs are health care and financial services, and the biggest employer in the city is the University of Toledo. Another big supplier of jobs in Toledo is the glass industry. With Glass City as its nickname, Toledo's long history with glass lives on with companies, like John Manville, having fiberglass plants in Toledo. There are also several customer service jobs in Toledo, Ohio.
The automobile industry provides many Toledo, OH jobs. Companies in the industry, like Jeep and Dana Corporation, have their headquarters in the city. Additionally, Jeep has two manufacturing facilities in Toledo. The city's Fortune 500 companies include Owens Corning and The Andersons.
Toledo Employment Trends
As of July 2014, Toledo had an unemployment rate of 7 percent, which is slightly higher than the national unemployment rate average of 6.3 percent and the Ohio state average of 6 percent unemployment. Job growth rate was up 1.1 percent in 2013, with a projected job growth rate of 1.1 percent for 2014. Check out Perrysburg jobs as well, which are also on the growth trend.
Toledo ranks 142nd on Forbes' list of cities with job growth and 120th on the list of the best places for careers and businesses. The economy has continued to evolve through the years, and one of newer significant industries is the green industry that are now providing jobs in Toledo, OH. The list of companies includes First Solar, which has now opened plants in the city.