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Taxes in Toledo, Ohio

Complete tax guide for Toledo, OH. State income tax up to 3.5%, 1.98% property tax, 7.75% sales tax. Calculate your total tax burden.

State Income Tax

3.5%

Ohio

Property Tax

1.98%

Effective rate

Sales Tax

7.75%

Combined rate

Tax Burden

Low

Toledo, OH Tax Overview

Toledo city income tax of 2.25%

Population

270,871

Median Income

$38,912

Cost of Living

77.5 (100 = avg)

State Income Tax

3.5%

Local Income Tax

2.25%

Median Home Price

$95,000

Toledo Tax Calculator

Pre-filled with Toledo median: $38,912

Total Tax Burden in Toledo

$7,845

Take-Home: $31,067 · Effective Rate: 20.16%

Federal Tax

$2,631

6.76% eff.

OH State + Local

$2,237

5.75% eff.

FICA

$2,977

7.65% eff.

Take-Home

$31,067

79.84% kept

Tax Breakdown

Take-Home 79.84%
OH
FICA
Take-Home Federal Tax OH State + Local Tax FICA
ItemAnnualMonthly
Gross Income$38,912.00$3,242.67
Federal Income Tax-$2,630.94-$219.25
Ohio State Tax-$1,361.92-$113.49
Toledo Local Tax (2.25%)-$875.52-$72.96
Social Security (6.2%)-$2,412.54-$201.05
Medicare (1.45%)-$564.22-$47.02
Take-Home Pay$31,066.85$2,588.90

Property Tax in Toledo

Median Home

$95,000

Annual Tax

$1,881

Monthly Tax

$157

Effective Rate

1.98%

vs. National Average (1.1%)+$836/yr
Median Property Tax Paid$1,881/yr

Sales Tax in Toledo

Combined Rate

7.75%

State Portion

~5.3%

Local Portion

~2.5%

The combined sales tax rate in Toledo is 7.75%, which is above the national average of 7.12%. On a $100 purchase, you would pay $7.75 in sales tax.

Tax Burden Comparison

Tax TypeToledoOhio AvgNational Avg
Income Tax3.5% + 2.25%3.5%4.6%
Property Tax1.98%~1.98%1.1%
Sales Tax7.75%~7.75%7.12%
Overall BurdenLowModerate

Tax Saving Tips for Toledo Residents

  • Ohio's income tax rate of 3.5% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
  • Toledo has a local income tax of 2.25%. If you work remotely, verify whether you owe city tax based on where you work or where you live. Some cities only tax people who work within city limits.
  • Property tax in Toledo (1.98%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full Ohio Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Toledo, OH?

Toledo, Ohio has a state income tax rate up to 3.5%, plus a local income tax of 2.25%. The property tax rate is 1.98% and the combined sales tax rate is 7.75%. Toledo city income tax of 2.25%

How much is property tax in Toledo?

The effective property tax rate in Toledo is 1.98%. On the median home price of $95,000, this equals approximately $1,881 per year or $157 per month. This is above the national average of 1.1%.

What is the sales tax rate in Toledo?

The combined sales tax rate in Toledo is 7.75%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Toledo's tax burden compare to other cities?

Toledo has a low overall tax burden. The effective total tax rate for a median-income household is approximately 26.7%. The combination of 3.5% state income tax, 1.98% property tax, and 7.75% sales tax determines the total burden. Cost of living index is 77.5 (100 = national average).

Are there any local taxes in Toledo?

Yes. Toledo imposes a local income tax of 2.25% in addition to the state income tax of 3.5%. Toledo city income tax of 2.25%