Toledo is located in west Oregon. Toledo is part of Lincoln County. Toledo has 2.18 square miles of land area and 0.23 square miles of water area. As of 2010-2014, the total Toledo population is 3,449, which has shrunk 0.66% since 2000. The population growth rate is much lower than the state average rate of 14.00% and is much lower than the national average rate of 11.61%. Toledo median household income is $44,034 in 2010-2014 and has grown by 27.62% since 2000. The income growth rate is higher than the state average rate of 23.47% and is about the same as the national average rate of 27.36%. Toledo median house value is $162,100 in 2010-2014 and has grown by 64.74% since 2000. The house value growth rate is higher than the state average rate of 53.91% and is higher 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 worse than the state average in quality. The Toledo area code is 541.