At a Glance
Pros & Cons
Palo Alto
Akron
Advantages
The overall cost of living in Akron is 15% lower than the national average, making it a highly affordable city.
Housing costs are significantly lower than the national average, with average monthly rent at $1,123 and median home prices around $153,000.
Akron has a diverse economy with strong industries including healthcare, manufacturing, and the polymer sector.
The city offers a public transportation system (METRO RTA) with affordable monthly passes at $50.
Healthcare costs in Akron are approximately 14% lower than the national average.
Drawbacks
Akron has a high crime rate, with an overall crime rate 50% above the national average and a safety grade of C-.
The city is experiencing a projected population decline of -0.9% annually.
Akron has a negative job growth rate, with a 0.461% decline in employed population in 2024.
The lifestyle in Akron is largely car-dependent, with most errands requiring a vehicle and an average Walk Score of 48.
The median household income of $48,076 in 2024 is below the national average.
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Dive Deeper
Key figures side by side — see which city wins each category at a glance.
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