Toledo vs Waterville

A side-by-side comparison of Toledo and Waterville: population, income, housing, and more.

Toledo and Waterville are places in Ohio. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Toledo has the higher population (268,461 vs 5,997 in Waterville). Waterville has the higher median household income ($102,096 vs $47,532 in Toledo). Waterville has the higher median home value ($271,100 vs $107,000 in Toledo).

Population, income & housing

	Toledo	Waterville
Population	268,461	5,997
Median age	35.7 yrs	41.4 yrs
Median household income	$47,532	$102,096
Median home value	$107,000	$271,100
Median gross rent	$880	$1,386
Housing units	133,195	2,450
Homeownership rate	52.7%	75.1%
Bachelor's degree or higher	21.0%	44.3%
Unemployment rate	8.5%	4.0%

Trends (ACS 5-year, 2019–2023)

	Toledo	Waterville
Population	276,614 → 268,461 (-2.9%)	5,487 → 5,997 (+9.3%)
Median household income	$37,752 → $47,532 (+25.9%)	$92,038 → $102,096 (+10.9%)
Median home value	$80,800 → $107,000 (+32.4%)	$196,400 → $271,100 (+38.0%)
Median gross rent	$725 → $880 (+21.4%)	$1,001 → $1,386 (+38.5%)

Toledo

Population

276,614268,461

Median household income

$37,752$47,532

Median home value

$80,800$107,000

Median gross rent

$725$880

Waterville

Population

5,4875,997

Median household income

$92,038$102,096

Median home value

$196,400$271,100

Median gross rent

$1,001$1,386

Age & race/ethnicity

Age distribution (share)

	Toledo	Waterville
Under 5	6.5%	4.8%
5 to 17	16.5%	21.0%
18 to 24	10.1%	5.5%
25 to 34	15.7%	11.7%
35 to 44	12.0%	13.1%
45 to 54	11.2%	10.2%
55 to 64	12.5%	14.9%
65 to 74	9.6%	10.3%
75 and over	5.8%	8.6%

Race & ethnicity (share)

	Toledo	Waterville
White (non-Hispanic)	56.0%	85.0%
Black or African American	28.3%	0.3%
American Indian & Alaska Native	0.1%	0.1%
Asian	1.3%	1.4%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.4%	0.0%
Two or more races	5.0%	6.4%
Hispanic or Latino	8.9%	6.8%

Educational attainment (age 25+)

Share of adults 25+

	Toledo	Waterville
No high school diploma	12.0%	2.9%
High school graduate	33.0%	24.8%
Some college or associate's	34.0%	28.0%
Bachelor's degree	13.7%	23.9%
Graduate or professional degree	7.2%	20.5%

Commute to work

How workers get to work (share)

	Toledo	Waterville
Drove alone	77.9%	83.0%
Carpooled	11.2%	5.6%
Public transit	1.4%	0.6%
Walked	2.4%	0.5%
Bicycle	0.3%	0.0%
Worked from home	5.7%	8.3%
Other means	1.2%	2.0%

Housing

Units in structure (share)

	Toledo	Waterville
1-unit, detached	65.5%	69.8%
1-unit, attached	3.1%	4.7%
2 to 4 units	9.3%	9.4%
5 to 19 units	11.2%	3.7%
20 or more units	8.8%	12.3%
Mobile home & other	2.2%	0.0%

Poverty & households

	Toledo	Waterville
Poverty rate	24.5%	3.7%
Average household size	2.21	2.50
Mean commute (minutes)	20	26
Median year structure built	1955	1991