June Gloom, Boardroom Boom

Summer’s lagging—but local movers aren’t.

Toledo’s Builders Just Got Smarter—Welcome to the Briefing That’s Built for You

This week, we’re thrilled to welcome a surge of new subscribers across Northwest Ohio—professionals, founders, and leaders who care deeply about the future of our region. If that’s you: welcome. You’re in the right place.

Toledo Money was never just about headlines—it’s about clarity, access, and staying a step ahead of the trends shaping our economy. From economic development in Wood and Lucas counties to business shifts in the city’s core, this community is growing—and now, so is our audience.

You’ve joined a network that’s already broken major news (like Shake Shack’s local move before it made mainstream rounds), spotlighted under-the-radar developments, and tracked the transformation of Northwest Ohio—from BGSU’s data corridor to next-gen manufacturing breakthroughs.

And this is just the beginning.

Whether you’ve been with us from the start or just signed up this week, thank you. Your engagement strengthens what we’re building: a smarter, more connected regional economy.

So read on, share widely, and stay sharp.

Because when Toledo wins, we all do.

📍 Young Professionals Are Choosing Ohio Again — And the Data Proves It

📍 Young Professionals Are Choosing Ohio Again — And the Data Proves It

After decades of population loss, Ohio is flipping the script.

According to a recent Bloomberg analysis, the number of 25–44-year-olds living in Ohio has been stable or growing in at least three-quarters of the state’s counties since 2020. That trend is especially meaningful in cities like Toledo, where talent retention has long been a challenge.

The momentum is real — and measurable.

Data from the U.S. Census Bureau shows that 97,000 people moved to Ohio for job-related opportunities between 2019 and 2023. It’s the first time Ohio has seen net job-related in-migration since the 1980s.

What’s driving the shift?

  • A rising number of high-quality jobs in sectors like healthcare, logistics, advanced manufacturing, and tech

  • A low cost of living that stretches salaries further than coastal metros

  • Access to tight-knit, meaningful communities and growing entrepreneurial ecosystems

In Toledo specifically, ProMedica, Owens Corning, and First Solar are among the employers actively hiring and attracting young professionals. The city is also seeing growth in tech and entrepreneurship through hubs like Communica, LaunchPad Incubation at the University of Toledo, and co-working spaces such as The Hub at the Toledo Library and our friends at the Toledo Tech Loft.

People aren’t just staying — they’re coming back. Or discovering Ohio for the first time. And they’re thriving here.

As local and regional development groups like REDI Cincinnati, Team NEO, JobsOhio, and others continue investing in talent pipelines, infrastructure, and business growth, this trend has staying power.

Ohio isn’t just a fallback anymore. For more and more young professionals, it’s the plan.

Big Reach. Real Engagement. Zero Fluff.

Toledo Money: 12 Weeks In — and Growing Fast

In just three months, Toledo Money has become the trusted briefing for NW Ohio’s business minds. Here’s a quick pulse check:

  • 500+ social followers

  • 30,000+ impressions across platforms

  • 8,100 IG views | 3,150 accounts reached

  • 215 newsletter subscribers

  • 57.4% open rate | 14.3% CTR | virtually no unsubscribes

These aren’t just numbers—they’re signals of real traction and real attention from Toledo’s most driven professionals.

If you’ve got something to promote, we’ve got the audience. Let’s talk.

🌿 Mobile Meals & Toledo Design Collective Team Up to Refresh Consaul Street

What’s Happening

Mobile Meals of Toledo and the Toledo Design Collective are calling all hands on deck this Saturday (June 14) from 9 a.m. to noon at 1936 Consaul St. for a community beautification event—part cleanup, part creativity, and all Toledo ❤️  .

Why it Matters

This isn’t just another litter pickup. The partnership injects art and energy into the heart of the neighborhood. Volunteers will refresh the space and take part in an interactive mural led by artist Caroline Jardine—painting a community piece-by-piece before installing it at 1936 Consaul.

The Local Impact

  • Civic uplift: A cleaner, more welcoming block boosts neighborhood pride and safety.

  • Creative connection: Residents get to make—and keep—a collaborative art project.

  • Nonprofit synergy: Mobile Meals delivers meals downtown daily; now they’re helping feed the soul of the community too.

How You Can Plug In

No sign-up required—just show up ready to get your hands (and paint brushes) dirty. Prefer a heads-up? Email [email protected] to RSVP.

Money Confessional | Young Guns 💪 

Real people. Real money talks. Learn & Grow from one another. Interested in sharing, here is a 100% confidential form to do so.

Age: 23

Role: HR Associate at Spartan Chemical

Salary: $60K (internship-to-full-time success story)

👋 Meet our confessor—a first-generation college graduate who didn’t just break the mold, she shattered it. From part-time campus jobs to landing an HR role at Spartan Chemical, she’s proving that you can build a meaningful career and stay close to home.

💬 “I interned with Spartan during my senior year and made it a goal to learn everything I could. I treated every meeting, training, and conversation as a chance to grow. When they offered me a full-time position, it felt like all the hustle paid off.”

Her salary isn’t flashy by big-city standards, but when it comes to cost of living and career growth, she’s right where she wants to be.

💳 Favorite Splurge: “Self-care. I love a good massage or skincare splurge. It helps me reset and recharge.”

🏠 Living Situation: Renting a one-bedroom near Perrysburg. “It’s quiet, safe, and close to work. I have friends in Chicago paying triple for half the space—I feel lucky.”

📈 Net Worth: ~$4K–$6K. Between $20K in student loans and growing savings, she’s staying focused on progress. “I’m not where I want to be yet, but I’m proud of every step.”

🔥 Biggest Financial Worry: “Not being able to save enough while also paying off debt. I want to enjoy life but also feel like I’m building something secure.”

💡 Toledo Tip: “Go to local career panels and community meetups—HR is a small world, and every connection matters. Also, the coffee at Maddie & Bella? Life-changing.”

💸 Financial Freedom Goal: “Freedom to help my family, build a cushion for the future, and say yes to opportunities without stress. That’s the dream.”

👩‍💻 Budget Style: Uses a Google Sheet, sets monthly spending limits, and checks in every Sunday. “It’s not fancy, but it works.”

🌟 Inspiration: “I’m thankful for Toledo’s job market and affordability. It’s allowed me to get started without drowning in debt—and that gives me room to grow.”

Money Snacks

Headlines we are snacking on

  • Think corporate perks just mean free coffee and hybrid work? Think again. Owens Corning, one of Toledo’s most iconic companies, has long taken its executive travel game to the skies—literally. Over the years, the company has operated a fleet of impressive aircraft. Back in 2003, they were flying high in a Dassault Falcon 900EX, a long-range business jet built for global reach and C-suite comfort. Fast forward to today, and the air game is still strong. The company now cruises in style aboard a Bombardier Challenger 300—a sleek, super-midsize jet known for luxury, speed, and range.

    💼 Job hunting? Let’s just say Owens Corning doesn’t just build insulation—they insulate their execs from commercial terminals, too.

  • Toledo's median list price surged 18% to $235K in March—still nearly $200K below the national average. That affordability has drawn Wall Street’s eye: investors now account for 30% of local home purchases, double the rate from 2018. Locals are increasingly outbid by all-cash offers, often from landlords who've never stepped foot in Ohio. Welcome to the new Toledo housing battlefield—where coastal cash meets Midwest grit.

  • Five NW Ohio companies cracked the Fortune 500 revenue threshold this year, led by Findlay’s Marathon Petroleum with a staggering $140.4B—over $100B ahead of the next richest. Owens Corning was Toledo’s top performer, climbing 20 spots with a 13.4% revenue boost to hit $11B. Welltower rejoined the rankings with an impressive 20.4% gain, while The Andersons and Dana took revenue hits. O-I Glass just missed the mark at $6.5B—close, but no cigar.