City Profile
Akron, Ohio
USA · Comprehensive city data and intelligence
Akron, Ohio, once known as the "Rubber Capital of the World," is a city with a rich industrial history that has evolved into a diverse economic landscape. Situated approximately 38 miles south of Cleveland, Akron offers a blend of urban amenities and natural attractions, including the nearby Cuyahoga Valley National Park. The city is recognized for its affordability and a community-focused atmosphere, making it an attractive option for those seeking a lower cost of living compared to national averages. Akron has retained much of its historic charm, with a revitalized downtown area featuring upscale dining and entertainment, alongside vibrant neighborhood business districts.
Ohio, located in the Midwest, is characterized by a blend of urban centers and rural landscapes, offering a balance of city amenities and small-town charm. The state's economy is robust and diverse, with manufacturing being a significant sector, particularly in plastics, rubber, fabricated metals, and automobiles. Other major industries include financial activities, healthcare, education, and bioscience, with growing technology and logistics sectors. Living in Ohio is generally affordable, with the cost of living, especially housing, being lower than the national average. The climate is continental, featuring four distinct seasons with hot, humid summers and cold, snowy winters, and precipitation occurring year-round.
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Cost of Living
The cost of living in Akron is notably lower than the national average, making it one of the most affordable places to reside in the United States. Overall, Akron's cost of living is estimated to be 15% lower than the national average. Housing expenses are a significant driver of this affordability, with costs being substantially below the national average. While some essential categories like groceries can be slightly higher than the national average, the savings in housing and utilities contribute to a more manageable budget for residents.
Income
Salary Insights
Akron's job market is characterized by a mix of traditional and evolving industries. Key sectors driving the city's economy include healthcare, manufacturing, accounting and finance, warehouse and distribution, and administrative services. Major employers in the area include healthcare systems like Akron Children's Hospital and Summa Health, as well as industrial players such as The Goodyear Tire & Rubber Co. However, the city has experienced a slight decline in its employed population, with a 0.461% decrease in 2024. The average annual salary in Akron was reported at $73,000 in May 2026.
The average salary in Akron is $73,000 per year. You would need approximately $66,000 to live comfortably.
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Mobility
Transport
Getting around Akron primarily relies on personal vehicles, as the city exhibits a high degree of car dependency. Most residents drive alone to work, and the average household owns approximately two cars. The average commute time for workers in Akron is 22.2 minutes. While Akron does have a public transportation system, METRO RTA, offering monthly passes for $50, it is not as extensive as in larger metropolitan areas, making a car often necessary for daily errands. The city's average Walk Score is 48, indicating that many errands require a car.
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