Pros and Cons of Living In Akron, Ohio. Is Akron, OH a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

Akron, Ohio

Moving to Akron In Ohio ? Is Akron, OH a Nice Place To Live? Pros and Cons of Living in Akron, Ohio. Find out the best and worst about to live, raise a family or retire in Akron.

Akron () is a city in and the county seat of Summit County, Ohio, United States. At the 2020 census, the city proper had a total population of 190,469, making it the fifth-most populous city in Ohio and 136th-most populous city in the U.S. The Akron metropolitan area, covering Summit and Portage counties, had a population of 702,219. It is located on the western edge of the Glaciated Allegheny Plateau in Northeast Ohio about 40 miles (64 km) south of downtown Cleveland.

After being first settled by Miner Spicer in 1810, the city was founded by Simon Perkins and Paul Williams in 1825 along the Little Cuyahoga River at the summit of the developing Ohio and Erie Canal. The name is derived from the Greek word

DEMOGRAPHICS

Population
197375
Unemployment
8.8%
87% NAT AVG.
Poverty
23%
64% NAT AVG.
Cost Of Living
87
13% NAT AVG.

ECONOMICS

Median Home Cost
$83500
64% NAT AVG.
Median Income
$40281
40% NAT AVG.
Median Rent
$795
31% NAT AVG.
Overall Score
3

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 11
People Earning < $10,000
1 in 10
People Earning < $50,000
59.2%
People With Any Degree
1 in 3.3

ETHNICITY

Ethnicity Akron USA
White 57.3% 60.1%
African American 29.7% 12.2%
American Indian 0.2% 0.6%
Asian 4.7% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.7% 2.8%
Hispanic 3.1% 18.2%
Other 0.4% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Akron USA
Less than $10,000 10.5% 5.8%
$10,000 to $14,999 7.1% 4.1%
$15,000 to $24,999 13.8% 8.5%
$25,000 to $34,999 12.2% 8.6%
$35,000 to $49,999 15.6% 12.0%
$50,000 to $74,999 17.6% 17.2%
$75,000 to $99,999 11% 12.8%
$100,000 to $149,999 8% 15.6%
$150,000 to $199,999 2.3% 7.1%

EDUCATION

Education Akron USA
< 9th Grade 4% 5.0%
9-12th Grade 9% 7.0%
High School or GED 33% 27.0%
Other College 24% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 14% 20.0%
Master's Degree 6% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Akron is a city in Ohio state in USA with a population of 197375 residents.. The poverty rate of Akron is 23%, which is 64% higher than national average. The typical household in Akron earns $40281 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Akron remained 8.8%, which is 87% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Akron is 87, which is 13% lower than national average. In Akron, only 22% of adults have a bachelor's degree and 32% have some college but no degree. Median home value in Akron is $83500 , which is 64% lower than national average. While median income in Akron remained $40281, which is 40% lower than national average.
Akron Scorecard

Jobs40%

Housing50%

Affordability80%

Safety30%

Amenities95%

Diversity90%

Education60%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS