Toivola is a Finnish language proper name that occurs both as a surname and a place name. It may refer to:
People Aleksanteri Toivola (1893–1987), Finnish wrestler Hilkka Toivola (1909–2002), Finnish artist Jani Toivola (born 1977), Finnish politician Jukka Toivola (1949–2011), Finnish long-distance runner Miikka Toivola (1949–2017), Finnish footballer
Places Toivola, Michigan, an unincorporated community in Michigan Toivola, Minnesota, an unincorporated community in Minnesota Toivola Township, St. Louis County, Minnesota, a township in Minnesota