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 High-density area
- $71,171
- Median income Near-median income area
- $169,300
- Median home value Near-median home value
- 33.0%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 43623 (Toledo, OH) rose +9.4% from 2023 to 2024. The all-transactions index moved from 151.8 in 2023 to 166.1 in 2024 (2000 = 100).
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 average Ohio ZIP), while per-capita income is $39,857. The poverty rate is 10.3%, with unemployment at 5.9%; those measures add context to the income figure. Median home value is $169,300 (14% below the average Ohio ZIP) and median rent is $976; 63.8% of occupied homes are owner-occupied.
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. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Lucas County, so 43623 can be compared with both its immediate and county-level context.
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.
- Retail trade
Retail trade
209 establishments
- Health care and social assistance
Health care and social assistance
153 establishments
- Accommodation and food services
Accommodation and food services
109 establishments
- Finance and insurance 83
Finance and insurance
83 establishments
- Other services (except public administration) 71
Other services (except public administration)
71 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, 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
Who lives in ZIP 43623?
40.9
Median Age
50.5%
Male
49.5%
Female
4.4%
Foreign-Born
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 ZIP avg
$39,857
Per Capita Income
10.3%
Poverty Rate
5.9%
Unemployment Rate
22.3 min
Mean Commute Time
How ZIP 43623 ranks among Ohio ZIPs
Toledo, OH household income vs. every Ohio ZIP code
Median household income among 1,127 reporting Ohio ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$71,171 Top 49% higher than 51% of 1,127 Ohio ZIPs
Each bar is a $20K-wide band; taller bars hold more Ohio 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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
10,019housing units
10,019
Total Housing Units
9,376
Occupied Units
643
Vacant Units
2.15
Avg Household Size
Occupancy Type
$169,300
Median Home Value
-14% vs state ZIP avg
$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.
- 43615
Toledo (43615)
39,441 residents
- 43560
Sylvania (43560)
32,226 residents
- 43613
Toledo (43613)
31,635 residents
- 43612
Toledo (43612)
29,674 residents
- 43614
Toledo (43614)
29,290 residents
- 43606
Toledo (43606)
26,429 residents
- 43607
Toledo (43607)
23,958 residents
- 43623
Toledo (43623)
20,149 residents
- 48144 9,952
Lambertville (48144)
9,952 residents
What this shows Among its immediate neighbors, ZIP 43623 ranks #8 by population - useful context the national average alone can't give.
ZIP 43623 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 43617
Toledo (43617)
$127,019 median income
- 43560
Sylvania (43560)
$109,486 median income
- 48144
Lambertville (48144)
$101,410 median income
- 43623
Toledo (43623)
$71,171 median income
- 43606
Toledo (43606)
$66,917 median income
- 43613
Toledo (43613)
$64,384 median income
- 43614
Toledo (43614)
$58,961 median income
- 43615
Toledo (43615)
$57,713 median income
- 43612 $50,728
Toledo (43612)
$50,728 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.
| 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 43623, both outside OH so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (20,149 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Lucas County
Related Areas
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.
Related
Take this with you
What to do with ZIP 43623's numbers, next.
- See how ZIP 43623 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Toledo, OH ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.