NAICS 51

Information in Toledo, OH

Metro Market Score 44.8 (Moderate), ranked #151 of 294 metros. 242 establishments, 2,709 jobs.

Metro Market Score 44.8

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

ⓘ Lower is better. Relative to national information average.

Labor costs are a clear advantage in Toledo's information sector. The wage competitiveness index of 24.8 puts it among the lowest-cost metros, and wage pressure at 19.2 suggests that gap is holding steady.

Industry Concentration

54.8

LQ: 0.50

Rank #161 of 294 metros

Wage Competitiveness

24.8

$64,780 avg wage

Growth Trend

↓ 29.9

Employment growth index

Rank #207 of 294 metros

Wage Pressure

19.2

YoY wage change index

242 Information Firms in Toledo

242

Establishments

-1.6% YoY

2,709

Total Employment

-5.3% YoY

$64,780

Average Annual Wage

+2.0% YoY

0.50

Location Quotient

Below national avg

Within Ohio

#5 of 9

information metros in state

Ohio state rank

#26 of 51

for information entry risk

vs State Median

0.0

matches median (44.8)

Toledo vs Ohio Statewide

How this metro's information market compares to Ohio overall. The state ranks #26/51 for entry risk.

Measure	Toledo	OH Statewide
Overall Score	44.8 Moderate	44.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#151 of 294 metros	#26 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Toledo

Finance and Insurance 44.1 Accommodation and Food Services 45.0 Retail Trade 45.2 Other Services 47.5 Real Estate and Rental and Leasing 48.8 Administrative and Support Services 49.5 Construction 54.5

Information in Other Ohio Metros

Mansfield 20.0 #20/294 Sandusky 22.0 #26/294 Canton-Massillon 40.0 #115/294 Dayton-Kettering-Beavercreek 44.2 #147/294 Springfield 47.9 #177/294 Cleveland 51.7 #199/294 Youngstown-Warren 57.3 #224/294 Akron 60.9 #240/294

Information Metros With Similar Conditions

Metros within 5 points of Toledo's 44.8 score. Useful when comparing markets with comparable entry profiles.

Killeen-Temple, TX 44.8 #152/294 Harrisburg-Carlisle, PA 44.6 #150/294 Morgantown, WV 45.0 #153/294 Fresno, CA 44.5 #149/294 Rocky Mount, NC 44.4 #148/294 Bremerton-Silverdale-Port Orchard, WA 45.2 #154/294 Wheeling, WV 45.2 #155/294 Dayton-Kettering-Beavercreek, OH 44.2 #147/294 Lancaster, PA 45.4 #156/294 Hickory-Lenoir-Morganton, NC 45.4 #157/294

Information in States Bordering Ohio

State-level entry risk for information in adjacent states. Use this to weigh cross-border options.

Pennsylvania 31.8 #4/51 Kentucky 32.6 #6/51 West Virginia 37.3 #11/51 Indiana 40.2 #19/51 Michigan 47.2 #32/51

Browse Information in Other States

State-level entry risk reports for information across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Toledo's information sector, the employment growth component (70.1) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Toledo, OH MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment