Here's what it costs to live in Akron, Ohio, based on the latest US government data. Renters pay a median of $930 per month, while the typical home is valued around $111,200. Households earn a median of $48,544 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 19. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$48,544
Annual · Census ACS
Median Gross Rent
$930
Per month · Census ACS
Median Home Value
$111,200
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$904
HUD Fair Market Rent
1BR Fair Market Rent
$985
HUD FMR
2BR Fair Market Rent
$1,268
HUD FMR
3BR Fair Market Rent
$1,547
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
3.50%
Top marginal rate
State Sales Tax
5.75%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
189,526
Latest estimate
Median Age
37.2 yrs
Census ACS
Average AQI
19.0
Source: EPA AirNow
What is the cost of living index for Akron?
The cost of living index for Akron is not yet available in our database.
What is the median rent in Akron?
The median gross rent in Akron is $930 per month according to US Census ACS data.
What is the median household income in Akron?
The median household income in Akron is $48,544 per year.
What is the median home value in Akron?
The median home value in Akron is $111,200 based on the latest Census ACS survey.
How is the air quality in Akron?
Akron has an average Air Quality Index (AQI) of 19.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Akron?
Ohio has a top state income tax rate of 3.50% and a statewide sales tax of 5.75% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology