SalaryNode

Average All Occupations Salary in Toledo, OH

In Toledo, OH, the average annual salary for All Occupations stands at $59,590. This figure is notably below the national average of $67,140, suggesting that local economic factors and industry demands may influence compensation levels. The specific pay rates in Toledo are a direct reflection of the regional economic landscape and the concentration of various industries within the area.

Executive Summary

  • Average Salary: $59,590 per year.
  • Growth Trend: Salaries have shifted 21.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,130.
  • Outlook: Toledo, OH boasts a substantial workforce of 291,660 individuals, indicating a significant labor market. With a Location Quotient of 1.0 for All Occupations, the concentration of these roles in Toledo aligns precisely with the national average. This suggests a stable, albeit not exceptionally concentrated, demand for a broad range of occupations within the city's economy.
2024 Market Data

Salary Overview

$59,590

The average All Occupations in Toledo, OH earns-11.2%below the national average.

BreakdownBased on 40h/week
Hourly

$28.7

Weekly

$1,146

Monthly

$4,966

All Occupations Salary Distribution in Toledo, OH

Salary progression in All Occupations within Toledo, OH, typically follows a clear path from entry-level to senior positions. As professionals gain experience, acquire specialized skills, and take on greater responsibilities, their earning potential increases significantly. The widening gap between lower and higher salary percentiles visually represents this career advancement and the rewards associated with seniority and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$28,320$13.6
ExperiencedProficient professional working independently.25% (Junior)$44,693$21.5
Mid-LevelEstablished expert. Standard market value.50% (Median)$47,320$22.8
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$74,488$35.8
Top TierIndustry leader / Executive level compensation.90% (Expert)$98,130$47.2

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$59,590

Gross Pay

Real Wage (Purchasing Power)

$59,590

Adjusted for COL (100)

The nominal average salary of $59,590 in Toledo, OH, is perfectly balanced by the local Cost of Living Index, which also stands at 100, mirroring the national average. This means that the purchasing power of the average salary in Toledo is equivalent to the national average, offering a stable financial environment for residents without significant cost-of-living advantages or disadvantages.

Job Market Context

291,660

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Toledo, OH has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A Location Quotient of 1.0 for All Occupations in Toledo, OH, signifies that the representation of these jobs within the local workforce is exactly in line with the national average. This indicates a balanced job market where the availability of All Occupations roles is neither exceptionally high nor low compared to the rest of the country, suggesting a steady level of competition and opportunity.

Nearby Job Markets

Nearby Cities for All Occupations

CitySalaryDist.
Monroe, MI All Occupations Salary$58,140↓ 2%20 mi
Ann Arbor, MI All Occupations Salary$71,490↑ 20%43 mi
Sandusky, OH All Occupations Salary$53,430↓ 10%48 mi
Detroit-Warren-Dearborn, MI All Occupations Salary$67,160↑ 13%54 mi
Jackson, MI All Occupations Salary$58,540↓ 2%58 mi

Comparing salaries near Toledo, OH

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Toledo, OH?

The median annual salary for a All Occupations in Toledo, OH is $59,590. This typically ranges from $28,320 for entry-level positions to $98,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Toledo, OH is 11.2% lower than the national median of $67,140.

Is Toledo, OH a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $59,590 is below the national average of $67,140, although the cost of living is on par with the national average.

Is Toledo, OH a good place to live for All Occupations?

The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Toledo, OH?

Some top paying nearby cities include Monroe, MI ($58,140) and Ann Arbor, MI.

How does Toledo's average salary compare to the national average?

The average annual salary for All Occupations in Toledo, OH is $59,590, which is lower than the national average of $67,140.

What is the cost of living in Toledo, OH?

The Cost of Living Index in Toledo, OH is 100, which is exactly the same as the national average.

How large is the workforce in Toledo, OH?

Toledo, OH has a total local workforce of 291,660 individuals.

Is there a high concentration of All Occupations jobs in Toledo, OH?

The Location Quotient for All Occupations in Toledo, OH is 1.0, indicating that the concentration of these jobs is the same as the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 291,660 employees in the Toledo, OH area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Toledo, OH