Economy & Jobs — Toronto, Iowa

Income & Employment

Median Household Income (Census)$51,786
Estimated 2026~$49,400
Per Capita Income$28,148
Poverty Rate5.7%
Unemployment Rate0.0%
In Labor Force28

Top Industries

IndustryShare
Retail51.9%
Finance Insurance14.8%
Other Services11.1%

Local Businesses (County)

TypeCount
Fast Food34
Full Service Restaurants32
Insurance Agencies25
Bars25
Gas Stations22
Commercial Banks20
Auto Repair19
Chiropractors18
Real Estate Offices17
Law Offices14
Dental Offices14
General Merchandise13
Physician Offices13
Child Day Care12
Hotels Motels12
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.