Akron, OH
Akron is a mid-sized city located in northeastern Ohio, with a population of approximately 197,000 residents. The city is home to a diverse economy, with major employers in healthcare, education, manufacturing, and technology. Akron is known for its history of innovation, including being the birthplace of the tire industry and the home of numerous world-renowned companies, such as Goodyear Tire & Rubber Company and FirstEnergy Corporation. The city also offers a variety of cultural attractions, including the Akron Art Museum, the Akron Civic Theatre, and the National Inventors Hall of Fame. With access to numerous parks, hiking trails, and outdoor activities, Akron is a great place to live for those who enjoy the outdoors.
STATISTICS
INDICATORS
Region
Great Lakes
Population (2020)
190,164
The chart below displays this city's performance across all indicators vs. averages for the 25 cities
% Non-White Population
43.6
Median Income (2020)
$40,281
Average Home Value (2022)
$109,000
Average Annual Cost of Living
$17,723
Housing, transportation and energy costs as a percent of median income
Averages
City Data
CHALLENGES
Population decline: Like many Rust Belt cities, Akron has experienced a decline in population in recent years, which has had an impact on the local economy.
Poverty: The city has a higher poverty rate than the national average, which has led to a number of social and economic challenges.
Crime: Akron has a higher than average crime rate, particularly when it comes to violent crime.
Infrastructure: The city's infrastructure is in need of significant investment, with many roads and bridges in need of repair.
Education: While Akron has many excellent colleges and universities, the city's public school system has struggled in recent years, with low test scores and graduation rates.
BRIGHT SPOTS
Economic development: Akron has seen significant investment in recent years, with many new businesses and industries moving to the area.
Access to higher education: The city is home to several prestigious universities, including the University of Akron and the Akron Institute of Herzing University.
Cultural attractions: Akron boasts a rich cultural heritage, with a number of museums, theaters, and other cultural attractions, including the Akron Art Museum, the Akron Civic Theatre, and the Akron Symphony Orchestra.
Parks and outdoor recreation: The city has a number of parks and outdoor recreational areas, including the Summit Metro Parks system, which offers over 14,000 acres of green space.
Community involvement: Akron has a strong sense of community and is known for its volunteerism and philanthropy.