Medicare in ZIP Code
43620
—
Toledo
5039
Population
41.6654
Latitude
-83.5536
Longitude
Demographic Data
ZIP code 43620 is located in Lucas County, Ohio, centered near Toledo, with a total population of 5,039 and a median age of 32.9. This is a urban community where 13.9% of residents are 65 or older (approximately 700 individuals), near the national average. Medicare beneficiaries here have access to a range of plan options suited to diverse healthcare needs. The racial and ethnic composition includes 38.5% White, 52.1% Black/African American, 9.2% Hispanic/Latino. About 27.3% of adults hold a bachelor's degree or higher.
Economic Metrics
The median household income is $21,405, below the national median. Lower-income Medicare beneficiaries may qualify for Medicare Savings Programs (MSPs) that help pay Part B premiums, or Extra Help (Low-Income Subsidy) to reduce Part D prescription drug costs. With a poverty rate of 42.1%, a significant portion of residents may qualify for dual eligibility (Medicare and Medicaid), which provides additional benefits including dental, vision, and transportation assistance. The unemployment rate of 14.1% is above the national average, which may indicate a greater need for social safety net programs including Medicare-Medicaid dual eligibility. The median home value is $115,600 and median monthly rent is $584. Medicare beneficiaries in Lucas County should explore all available plan options during Open Enrollment (October 15 – December 7) or consult the Ohio SHIP (State Health Insurance Assistance Program) for free, unbiased counseling on choosing the right coverage.