Toronto, IA Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in Toronto is 30% lower than the national average
The median household income in Toronto is 33% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Toronto is 51% higher than the national average
The poverty level in Toronto is 45% higher than the national average

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am i middle class

$24,830 $37,250 $74,500

City

$36,376 $54,570 $109,140

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Toronto median earnings by income bracket

Toronto employment by industry

Labour Type	Male	Female
Construction industry	0.0%	0.0%
Manufacturing sector	28.6%	28.6%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	71.4%	71.4%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	0.0%	0.0%
Other	0.0%	0.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Long Grove, IA	893	$108,281	95.7%
Donahue, IA	381	$93,500	69.0%
Bennett, IA	417	$71,250	28.8%
Tipton, IA	3,192	$68,902	24.5%
Grand Mound, IA	552	$66,750	20.7%
Toronto, IA	82	$37,250	32.7%

Cities with similar population

City	Population	Household Income	National Avg.
Needham, AL	82	$0	100.0%
Vining, IA	82	$61,875	11.8%
Junction, IL	82	$29,464	46.7%
California, KY	82	$0	100.0%
Holt, MN	82	$72,917	31.8%
Toronto, IA	82	$37,250	32.7%

Source: The Toronto, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	Toronto	Iowa	National
Income per capita	$20,955	$28,872	$29,829
Median household income	$37,250	$54,570	$55,322
Median income owner occupied	$50,625	$66,527	$70,586
Median income renter occupied	$31,250	$30,828	$35,192
Median earnings male	$36,250	$37,409	$36,919
Median earnings female	$23,571	$25,115	$26,250
Unemployment rate	7.0%	3.1%	4.7%
Poverty level	22.0%	12.3%	15.1%