Toledo is located close to the center of Iowa. Toledo is part of Tama County. Toledo has 2.30 square miles of land area and has no water area. As of 2010-2014, the total Toledo population is 2,208, which has shrunk 13.04% since 2000. The population growth rate is much lower than the state average rate of 5.19% and is much lower than the national average rate of 11.61%. Toledo median household income is $42,708 in 2010-2014 and has grown by 26.54% since 2000. The income growth rate is lower than the state average rate of 33.56% and is about the same as the national average rate of 27.36%. Toledo median house value is $82,600 in 2010-2014 and has grown by 33.44% since 2000. The house value growth rate is much lower than the state average rate of 53.09% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Toledo is much better than the state average in quality. The Toledo area code is 641.