43623, Toledo, OH

The 43623 zip code of Toledo, OH has a population of around 234,000 people. The median household income in this zip code is $50,000 which is lower than the median household income for the state of Ohio. The percentage of households that are renter occupied is higher than the percentage of households that are owner occupied in this zip code. Around 60% of households in this zip code have a mortgage which is higher than the statewide average mortgage rate of 55%.

There has been an increase in home equity values over the past few years in this zip code. In 2013, home equity values were at their lowest point since 2007. However, since then home equity values have increased by over 20%. This increase can be attributed to low interest rates and an influx of new residents into the area. Home prices in this zip code have also increased over the past few years. In 2014, home prices were at their highest point since 2007 and they continue to rise year after year.