Akron is a mid-sized city in OH with a population of 197,553 residents. With a median home price of $278,024 (21% below the national median) and median household income of $70,904, Akron is considered moderately affordable with a price-to-income ratio of 3.9x.
The real estate market in Akron features a median home price of $278,024, which is 21% lower than the U.S. national median of $350,000. Monthly rent averages $1,158, 23% below the national average. Over the past decade, rent has increased by 74%.
Akron has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Akron offers a median household income of $70,904, which is 1% higher than the national median of $70,000. Residents spend approximately 20% of their income on rent annually, which is within the recommended 30% threshold.
Understanding the climate of Akron is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Akron compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Akron is $278,024, with average monthly rent of $1,158. The median household income is $70,904, giving the city a price-to-income ratio of 3.9x.
Yes, Akron is considered affordable with a price-to-income ratio of 3.9x, which is below the national average of 5x.
Akron has a population of 197,553 residents, making it the #142 largest city in the United States.
Akron has a violent crime rate of 317 per 100,000 residents, which is below the national average. The property crime rate is 1720 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
Compare cost of living with your current city to make an informed decision.
Moving to a new city can be overwhelming. Our relocation experts are here to help you find the perfect neighborhood, schools, and local services.
