PlainZIP

Toledo, OH · standard

ZIP Code 43623

Lucas County, Ohio - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

20,149
1,155/sq mi
$71,171
Median income
$169,300
Median home value
33.0%
Bachelor's or higher

The verdict

Toledo pairs a below-median household income with below-median home values, in a low-density, homeowner-dominated area.

49th pct
household income, US ZIPs
34th pct
home value, US ZIPs
1,155
people per sq mi
64%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 43623 against every reporting US ZIP.

ZIP code 43623 is a densely settled ZIP (a standard USPS delivery area) in Toledo, Lucas County, Ohio, with 20,149 residents across 17.4 square miles, a density of 1,155 people per square mile, in the New York time zone.

ZIP 43623 lands in the middle-income range, with a median household income of $71,171 (3% below the Ohio average), while per-capita income is $39,857. 10.3% of residents live below the poverty line, and the unemployment rate reads 5.9%. Median home value sits at $169,300 (14% below the state average), median rent at $976 a month, and owner-occupancy at 63.8%.

A solid share of residents have a four-year degree: 33.0% of adults hold a bachelor's degree or higher, the median age is 40.9, and the average commute is 22 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Lucas County, so you can benchmark 43623 against its immediate geography rather than a national average alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 43623

Top 5 sectors by establishment count in Toledo, OH

Which industries have the most business establishments in ZIP 43623.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 43623, Toledo, OH · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

20,149

Population

17.4

Area (sq mi)

1,155

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 43623?

40.9

Median Age

50.5%

Male

49.5%

Female

4.4%

Foreign-Born

White 82.6%
African American 6.7%
Asian 2.2%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.0%
Hispanic or Latino 7.2%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$71,171

Median Household Income

-3% vs state

$39,857

Per Capita Income

10.3%

Poverty Rate

5.9%

Unemployment Rate

22.3 min

Mean Commute Time

How ZIP 43623 ranks nationally

Toledo, OH household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$71,171 49th percentile higher than 49% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 61.7%
Bachelor's Degree or Higher 33.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

10,019

Total Housing Units

9,376

Occupied Units

643

Vacant Units

2.15

Avg Household Size

Occupancy Type

Owner 63.8%
Renter 36.2%

$169,300

Median Home Value

-14% vs state

$976

Median Rent

1968

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+9.4%

YoY Change (2024)

166

HPI Index (2000 = 100)

+66%

Total Change Since 2000

Home values in ZIP 43623 have increased 9.4% over the past year (2024). Since 2000, this ZIP has seen +66% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.6% 114
2021 +8.9% 124
2022 +13.4% 141
2023 +8.0% 152
2024 +9.4% 166

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 838 business establishments in ZIP 43623, employing approximately 13,496 people with a combined annual payroll of $587,060,000.

838

Businesses

13,496

Employees

$587.1M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 209 24.9%
Health care and social assistance 153 18.3%
Accommodation and food services 109 13.0%
Finance and insurance 83 9.9%
Other services (except public administration) 71 8.5%
Professional, scientific, and technical services 56 6.7%
Construction 33 3.9%
Administrative and support and waste management and remediation services 32 3.8%
Real estate and rental and leasing 27 3.2%
Wholesale trade 14 1.7%
Educational services 14 1.7%
Information 12 1.4%
Arts, entertainment, and recreation 7 0.8%
Manufacturing 6 0.7%
Transportation and warehousing 6 0.7%
Management of companies and enterprises 5 0.6%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 43623 vs 43613 →

ZIP 43623 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 43623 ranks #8 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 43623 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 43623 ranks #4 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
43613 Toledo, OH 31,635 2.5 mi
48144 Lambertville, MI 9,952 3.6 mi
43606 Toledo, OH 26,429 3.1 mi
43615 Toledo, OH 39,441 3.9 mi
43560 Sylvania, OH 32,226 4.5 mi
43607 Toledo, OH 23,958 4.6 mi
43612 Toledo, OH 29,674 5.3 mi
43610 Toledo, OH 5,105 5.0 mi
43617 Toledo, OH 7,500 4.8 mi
43614 Toledo, OH 29,290 7.1 mi

More ZIP Codes in Lucas County

43615 standard
Toledo, OH
Pop: 39,441
43560 standard
Sylvania, OH
Pop: 32,226
43613 standard
Toledo, OH
Pop: 31,635
43612 standard
Toledo, OH
Pop: 29,674
43614 standard
Toledo, OH
Pop: 29,290
43605 standard
Toledo, OH
Pop: 28,346

Related Areas

Lucas County Toledo, OH Ohio

Frequently Asked Questions

What county is ZIP code 43623 in? ▼
ZIP code 43623 (Toledo) is located in Lucas County, Ohio. Lucas County contains multiple ZIP codes, see the full list at /counties/lucas-oh.
What is the population of ZIP code 43623? ▼
ZIP code 43623 in Toledo, OH has a population of 20,149 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 43623? ▼
The median household income in ZIP 43623 is $71,171, which is 7% below the national average of $76,288.
What is the average home value in ZIP 43623? ▼
The median home value in ZIP 43623 is $169,300, which is 39% below the national average of $278,155.
What is the demographic makeup of ZIP 43623? ▼
The largest racial group in ZIP 43623 is White at 82.6%. Hispanic or Latino residents make up 7.2% of the population.
How many businesses are in ZIP code 43623? ▼
ZIP code 43623 has 838 business establishments employing approximately 13,496 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 43623? ▼
The top industries by establishment count in ZIP 43623 are: Retail trade (209), Health care and social assistance (153), Accommodation and food services (109). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 43623? ▼
According to the FHFA House Price Index, home values in ZIP 43623 increased by 9.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 66%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 43623? ▼
In ZIP code 43623, 61.7% of residents aged 25+ have a high school diploma or higher, and 33.0% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 43623? ▼
The mean commute time for workers in ZIP code 43623 is 22.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 43623? ▼
In ZIP code 43623, approximately 63.8% of occupied housing units are owner-occupied and 36.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 43623? ▼
The poverty rate in ZIP code 43623 is 10.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.