Government budget and revenue in Akron, Ohio: official figures
Akron's city government took in $614.97 million in total revenue in the fiscal year ended 31 December 2023, or $3,262 for each of its 188,509 residents (2024 figure in the finance file); per resident that is the 223rd highest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.
How much does Akron spend and on what?
It spent $478.21 million in the same year, $2,537 per resident, the 260th lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were housing and community development (17.8%), sewerage (13.7%) and police (13.1%) of the total.
Source: U.S. Census Bureau · saved copyHow much tax does Akron collect per resident?
Taxes raised $299.86 million ($1,591 per resident, the 124th highest of 582) in the fiscal year ended 31 December 2023, 51.5% of general revenue, compared with 49.3% for all US city governments combined in 2022.
Source: U.S. Census Bureau · saved copyWhat taxes does Akron rely on?
Of Akron's tax revenue in the fiscal year ended 31 December 2023, property tax made up 16.1%, individual income tax 76.8%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Akron's property tax share is the 43rd lowest of 580 US cities of 50,000 or more with reported figures in the 2024 Census survey.
Source: U.S. Census Bureau · saved copyHow much federal and state money does Akron get?
Payments from other governments made up 20.5% of Akron's city government's general revenue in the fiscal year ended 31 December 2023: 0.0% from the federal government ($0 per resident), 11.3% from the state and 9.2% from other local governments. For all US city governments in 2022 the aid share was 24.3%.
Source: U.S. Census Bureau · saved copyHow much does Akron raise from fees and utilities?
Fees and charges for services such as sewerage, trash, parks and airports brought in $95.01 million, 16.3% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $33.23 million.
Source: U.S. Census Bureau · saved copyHow much does Akron spend on police?
Akron's city government spent $62.84 million on police in the fiscal year ended 31 December 2023, $333 per resident (the 250th lowest of 582) and 13.1% of its total spending; police took 10.3% of spending across all US city governments in 2022.
Source: U.S. Census Bureau · saved copyHow much does Akron spend on fire protection?
Fire protection cost $44.29 million, $235 per resident, in the fiscal year ended 31 December 2023.
Source: U.S. Census Bureau · saved copyHow much debt does Akron have?
At the end of the fiscal year ended 31 December 2023, Akron's city government owed $1.2 billion in long-term debt, $6,373 per resident (the 52nd highest of 582). During the year it issued $176.92 million of new long-term debt and repaid $185.26 million.
Source: U.S. Census Bureau · saved copyHow much does Akron pay in interest on its debt?
Interest on debt cost $34.65 million in the fiscal year ended 31 December 2023, 7.2% of total spending.
Source: U.S. Census Bureau · saved copyHow Akron compares with other cities in the United States
City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Akron ranks 223 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total revenue per resident, 2024 |
|---|---|---|
| 220 | Houston | $3,294 |
| 221 | Daytona Beach | $3,286 |
| 222 | Mooresville | $3,282 |
| 223 | Akron | $3,262 |
| 224 | Manhattan | $3,243 |
| 225 | Pompano Beach | $3,241 |
| 226 | Lancaster | $3,239 |
City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Akron ranks 323 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total spending per resident, 2024 |
|---|---|---|
| 320 | Mesa | $2,550 |
| 321 | Franklin | $2,546 |
| 322 | Peoria | $2,541 |
| 323 | Akron | $2,537 |
| 324 | Columbus | $2,532 |
| 325 | Victorville | $2,526 |
| 326 | Deerfield Beach | $2,524 |
City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Akron ranks 124 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City taxes collected per resident, 2024 |
|---|---|---|
| 121 | Tracy | $1,617 |
| 122 | Bossier City | $1,599 |
| 123 | New Brunswick | $1,598 |
| 124 | Akron | $1,591 |
| 125 | Aurora | $1,586 |
| 126 | Dothan | $1,579 |
| 127 | Elizabeth | $1,559 |
City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Akron ranks 333 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City spending on police per resident, 2024 |
|---|---|---|
| 330 | Columbus | $336 |
| 331 | Pasadena | $336 |
| 332 | Winston-Salem | $333 |
| 333 | Akron | $333 |
| 334 | Parker | $331 |
| 335 | Murfreesboro | $331 |
| 336 | Madison | $331 |
City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Akron ranks 52 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2024 |
|---|---|---|
| 49 | Ontario | $6,507 |
| 50 | Enid | $6,481 |
| 51 | Riverside | $6,439 |
| 52 | Akron | $6,373 |
| 53 | Santa Monica | $6,273 |
| 54 | Bryan | $6,213 |
| 55 | Yonkers | $6,124 |
Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Akron ranks 538 of 580, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Property tax as a share of city tax revenue, 2024 |
|---|---|---|
| 535 | Bossier City | 16.3% |
| 536 | Chandler | 16.3% |
| 537 | Lorain | 16.3% |
| 538 | Akron | 16.1% |
| 539 | Fayetteville | 16.0% |
| 540 | Philadelphia | 15.5% |
| 541 | Las Cruces | 15.4% |
Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Akron ranks 260 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2024 |
|---|---|---|
| 257 | Pocatello | 20.7% |
| 258 | Pasco | 20.6% |
| 259 | Evansville | 20.5% |
| 260 | Akron | 20.5% |
| 261 | Cape Coral | 20.2% |
| 262 | Renton | 20.2% |
| 263 | Chicago | 20.1% |
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Sources
- U.S. Census Bureau: 2024 Annual Survey of State and Local Government Finances, individual unit files (item amounts for every sampled government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 0967c4d30466…)
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