Paycheck Atlas

Is $40k a good salary in Toledo, OH?

workable A $40k salary is 39% below the median household income here ($65,486). After tax you take home about $2,768 a month, and median rent ($939) takes 34% of that.

$33,220 take-home a year
Gross pay$40,000
Federal income tax−$2,620
Social Security + Medicare−$3,060
Ohio income tax (approx.)−$1,100
Monthly take-home$2,768
Every two weeks$1,278
$43,737What $40k buys in Toledo, OH, expressed in average-US prices (price level 91.5).
34%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.

Jobs that pay about $40k in Toledo, OH

Other salaries in Toledo, OH

Median household income and rent: Census 2024 ACS 5-year. Household income covers all earners, so compare with care if you live alone. Take-home is an estimate for a single filer.