Pros and Cons of Living In Akron, Ohio. Is Akron, OH a Nice Place To Live or Retire?
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 Summit County, Ohio, United States, and its county seat. It is the fifth-most populous city in Ohio, with a population of 190,469 at the 2020 census. 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.
First settled 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 ἄκρον (ákron),...
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
Total Crime
8768
89%
NAT. AVG.
106% STATE AVG.
106% STATE AVG.
Violent Crime
1797
135%
NAT. AVG.
195% STATE AVG.
195% STATE AVG.
Property Crime
6971
80%
NAT. AVG.
91% STATE AVG.
91% STATE AVG.
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.
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.