When it comes to finding the wealthiest suburbs in Ohio, the suburbs of Toledo often don’t make the cut. The affluent suburbs of Cincinnati, Cleveland, Akron and Columbus usually take the spotlight. However, Toledo has its own pockets of affluence that tend to go unnoticed. Here are the richest suburbs of Toledo, Ohio.
Richest Suburbs of Toledo
1. Ottawa Hills, OH
Ottawa Hills is the richest suburb of Toledo with a mean income of $242,423 and a median home price of $369,258.
Ottawa Hills is a small affluent suburb located just 13 minutes outside of Toledo. It is known for its beautiful homes and excellent schools.
The population of Ottawa Hills is 4,790, with 30.6% being children under 18 and 19% being seniors. A majority 85.7% of homes in Ottawa Hills are owner-occupied.
| Mean Income | $242,423 |
| Median Home Price | $369,258 |
2. Perrysburg, OH
Perrysburg is the second richest suburb of Toledo, OH with a mean income of $128,555 and a median home price of $354,612.
Perrysburg is a historic town located just 13 minutes south of Toledo. It is known for its charming downtown area, beautiful parks, and excellent schools.
The population of Perrysburg is 25,041, with 26.7% being children under 18 and 14.9% being seniors. Approximately 62.9% of homes in Perrysburg are owner-occupied.
| Mean Income | $128,555 |
| Median Home Price | $354,612 |
3. Whitehouse, OH
Whitehouse is one of the richest suburbs of Toledo with a mean income of $110,717 and a median home price of $343,562.
Whitehouse is a small family-friendly community located just 24 minutes west of Toledo.
Lots of families live in Whitehouse with 26.6% of residents being children under 18 years old and 16.9% being seniors. Approximately 74.5% of homes in Whitehouse are owner-occupied.
| Mean Income | $110,717 |
| Median Home Price | $343,562 |
4. Waterville, OH
Waterville is an affluent, family-friendly Toledo suburb known for its beautiful parks, charming downtown area.
Located just 20 minutes from Toledo, Waterville has a median home price of $333,623 and a mean income of $99,648.
The population of Waterville is 6,003, with 24.2% being children under 18 and 21.7% being seniors. Approximately 85.9% of homes in Waterville are owner-occupied.
| Mean Income | $99,648 |
| Median Home Price | $333,623 |
Richest Toledo Suburbs: Methodology
In order to come up with our list of the richest suburbs of Toledo, the rankings are based on both income and home prices. We took data from the US Census American Community Survey and residential housing market data.
Note: We realize we are using the terms “town” and “suburb” loosely in this article since some of these towns and suburbs are actually villages, boroughs, cities, Census Designated Places or hamlets.