The 10 Richest Neighborhoods In Toledo, OH For 2024

The richest Toledo neighborhoods are Franklin Park and Beverly for 2024 based on Saturday Night Science.

Richest Neighborhoods In Toledo
Source: Wikipedia User Dlte | CC BY-SA 3.0

Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they aren’t made of ticky-tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Toledo has to offer. Where houses go for over 0.94x the national median and household incomes are 1.14x the national median.

But where exactly in Toledo do the richest of the rich people live? That would be Franklin Park where the median income is a cool $62,654.

Here’s a look at the top 10 wealthiest neighborhoods in Toledo out of 24 for 2024.

What’s the richest neighborhood to live in Toledo for 2024? According to the most recent census data, Franklin Park looks to be the richest Toledo neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $516,648. And that, my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.

Find where your neighborhood ranks amongst the richest in Toledo.

For more Toledo reading, check out the best neighborhoods in Toledo and the worst neighborhoods in Toledo.

Or, for living around Toledo, out the best Toledo suburbs and the worst Toledo suburbs.

Table Of Contents: Table | Methodology

Richst Neighborhoods In Toledo For 2024 By Median Income

Rank Neighborhood Median Household Income
1 Franklin Park $62,654
2 Beverly $58,590
3 Deveaux $55,548
4 North Towne $52,902
5 West Gate $52,759
6 Point Place $49,317
7 Reynolds Corners $47,428
8 Southwyck $46,447
9 Glendale-Heather Downs $45,718
10 Five Points $45,285
11 Ottawa $43,778
12 Whitmer-Trilby $42,574
13 Scott Park $36,986
14 East Toledo $35,424
15 Old West End $34,812
16 South Side $34,153
17 Birmingham $29,994
18 Olde Towne $29,635
19 Onyx $28,661
20 Roosevelt $28,454
21 La Grange $25,795
22 North River $23,384
23 City Center $22,946
24 Warren Sherman $22,032

How We Determined The Wealthiest Neighborhoods In Toledo For 2024

Every city has its best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we mean you because there’s always someone richer than you.

How do you quantify richer than you? We looked at one simple criterion:

Which neighborhoods have the highest median income?

Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Toledo.

We ranked every neighborhood in Toledo by median income from highest to lowest. The neighborhood with the highest median income, Franklin Park, was named the wealthiest neighborhood in Toledo.

The richest neighborhoods in Toledo are Franklin Park, Beverly, Deveaux, North Towne, West Gate, Point Place, Reynolds Corners, Southwyck, Glendale-Heather Downs, and Five Points.

The poorest neighborhood? That would be Warren Sherman.

The poorest neighborhoods in Toledo are Warren Sherman, City Center, North River, La Grange, and Roosevelt.

We updated this article for 2024. This is our tenth time ranking the most affluent neighborhoods to live in Toledo.

For more Ohio reading, check out:

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.