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Economy, jobs and prices in Akron, Ohio: official figures

The median household income in Akron was $48,076 a year in the 2020-2024 American Community Survey (in 2024 dollars), 27th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Ohio median $71,389.

Median household income
$48,076
2020-2024
Unemployment rate (ACS)
7.8%
2020-2024
Mean travel time to work
22.2 min
2020-2024
Median gross rent (monthly)
$955
2020-2024
Median home value (owner-occupied)
$122,000
2020-2024
Homes occupied by their owners
50.7%
2020-2024
Households with a broadband subscription
89.2%
2020-2024

What is the per capita income in Akron?

Income per resident (per capita income) in Akron averaged $29,457 a year in 2020-2024, 90th lowest of 823 US cities of 50,000 or more (US: $44,673; Ohio: $40,552).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Akron?

Akron's Gini index of household income inequality was 0.458 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 321st most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Akron, Ohio?

7.8% of the civilian labor force in Akron was unemployed on average over 2020-2024 (7,541 people), 102nd highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Ohio's 4.8%.

Source: U.S. Census Bureau · saved copy

What share of people in Akron are working?

63.1% of Akron's 152,898 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 251st lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Akron have jobs?

88,882 residents of Akron held civilian jobs, 58.1% of those aged 16 and over (US: 59.7%); the survey counted no residents in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Akron?

The largest industry group for working residents of Akron was education, health care and social assistance (24.8% of employed residents), followed by manufacturing (14.3%) and retail trade (12.4%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Akron work in manufacturing?

Manufacturing employed 14.3% of working residents of Akron, 109th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 9.6% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Akron, Ohio?

Commuters in Akron took 22.2 minutes on average to get to work in 2020-2024, 258th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.2% travelled an hour or more and 32.2% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Akron get to work?

11.2% of workers living in Akron worked from home in 2020-2024, 269th lowest of 823 US cities of 50,000 or more (US: 15.1%). 71.7% drove to work alone, 11.3% carpooled, 2.0% used public transport and 2.0% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Akron, Ohio?

The median gross rent (rent plus utilities) in Akron was $955 a month in 2020-2024, 36th lowest of 823 US cities of 50,000 or more (US: $1,413; Ohio: $1,034).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Akron?

Owner-occupied homes in Akron had a median value of $122,000 in 2020-2024 as estimated by their owners, 21st lowest of 823 US cities of 50,000 or more (US: $332,700; Ohio: $214,800).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Akron?

The median home value in Akron was 2.5 times the median household income, 29th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Akron, Ohio own their home?

50.7% of the 84,734 occupied homes in Akron were lived in by their owners in 2020-2024 and 41,805 were rented, 223rd lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Ohio: 67.2%).

Source: U.S. Census Bureau · saved copy

What share of homes in Akron have broadband?

89.2% of households in Akron had a broadband internet subscription of some type in 2020-2024, 161st lowest of 823 US cities of 50,000 or more (US: 91.0%; Ohio: 90.1%).

Source: U.S. Census Bureau · saved copy

How many households in Akron have no internet?

8.1% of households in Akron (6,846) had no internet access at home in 2020-2024, 125th highest of 823 US cities of 50,000 or more (US: 6.5%); 11.3% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Akron compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Akron ranks 797 of 823, highest first.

RankCityMedian household income (2024 dollars)
794Shreveport$48,699
795Lorain$48,685
796Harrisburg$48,099
797Akron$48,076
798Syracuse$47,819
799Albany$47,240
800Rochester$47,213
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Akron ranks 734 of 823, highest first.

RankCityPer capita income (2024 dollars)
731Salinas$29,650
732Waterbury$29,542
733Killeen$29,531
734Akron$29,457
735Palmdale$29,441
736Racine$29,400
737Dearborn Heights$29,366
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Akron ranks 321 of 823, highest first.

RankCityGini index of household income inequality
318Columbus0.459
319Rogers0.459
320South San Francisco0.458
321Akron0.458
322Fort Collins0.458
323Wheaton0.458
324Elkhart0.458
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Akron ranks 102 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
99Hawthorne7.9%
100New Britain7.9%
101Vineland7.8%
102Akron7.8%
103Carson7.8%
104Canton7.8%
105Albany7.8%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Akron ranks 573 of 823, highest first.

RankCityLabor force participation rate (16 and over)
570Evansville63.1%
571Springfield63.1%
572Las Vegas63.1%
573Akron63.1%
574Victoria63.0%
575Brentwood63.0%
576Allentown63.0%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Akron ranks 566 of 823, highest first.

RankCityMean travel time to work (minutes)
563Oklahoma City22.2
564Delano22.2
565Taylorsville22.2
566Akron22.2
567Warner Robins22.2
568Bethlehem22.1
569St. Louis22.1
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Akron ranks 555 of 823, highest first.

RankCityWorkers who worked from home
552Westland11.3%
553South Bend11.2%
554Sherman11.2%
555Akron11.2%
556San Marcos11.1%
557Pocatello11.1%
558Hawthorne11.1%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Akron ranks 262 of 823, highest first.

RankCityWorkers commuting by public transportation
259Millcreek2.0%
260Bolingbrook2.0%
261Longmont2.0%
262Akron2.0%
263Palo Alto2.0%
264Santa Barbara2.0%
265Columbus1.9%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Akron ranks 109 of 823, highest first.

RankCityEmployed residents working in manufacturing
106Passaic14.4%
107Tuscaloosa14.3%
108Taylorsville14.3%
109Akron14.3%
110Newport News14.2%
111Kingsport14.2%
112Maple Grove14.2%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Akron ranks 254 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
251Boynton Beach24.9%
252Logan24.9%
253Sioux Falls24.9%
254Akron24.8%
255Chino Hills24.8%
256Gulfport24.8%
257Columbus24.8%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Akron ranks 788 of 823, highest first.

RankCityMedian gross rent per month
785Rocky Mount$957
786Battle Creek$957
787Jonesboro$956
788Akron$955
789Utica$951
790Mission$950
791Dubuque$948
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Akron ranks 803 of 823, highest first.

RankCityMedian value of owner-occupied homes
800Lansing$128,700
801Albany$124,300
802Harrisburg$124,200
803Akron$122,000
804Pharr$121,900
805Pontiac$121,700
806Reading$121,300
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Akron ranks 792 of 820, highest first.

RankCityMedian home value as a multiple of median household income
789Harrisburg2.6x
790Battle Creek2.5x
791Moore2.5x
792Akron2.5x
793Anderson2.5x
794Topeka2.5x
795Cuyahoga Falls2.5x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Akron ranks 601 of 823, highest first.

RankCityOccupied homes lived in by their owners
598Raleigh50.7%
599Richardson50.7%
600Alameda50.7%
601Akron50.7%
602West Haven50.6%
603West Palm Beach50.5%
604Beaverton50.5%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Akron ranks 663 of 823, highest first.

RankCityHouseholds with a broadband subscription
660Urban Honolulu89.2%
661Bradenton89.2%
662North Charleston89.2%
663Akron89.2%
664Amarillo89.2%
665Yakima89.2%
666Cincinnati89.1%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Akron ranks 125 of 823, highest first.

RankCityHouseholds with no internet access
122El Paso8.1%
123Vineland8.1%
124Springfield8.1%
125Akron8.1%
126Monterey Park8.1%
127El Monte8.1%
128West Allis8.1%
Source: U.S. Census Bureau · saved copy

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Sources

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