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Akron, Ohio Mortgage and Housing Information

Population: 217,074
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Value of Houses and Condos

A comparison of the average prices of homes in Akron, Ohio and the U.S.
U.S.OhioAkron
Median home value
in year 2006
$185,200$135,200$92,700

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2006
U.S.OhioAkron
With a mortgage$1,402$1,216$974
Without a mortgage$399$408$413

Ownership of Houses and Condos

Types of mortgages for owner-occupied Houses and Condos in Akron (2006)
Mortgage TypeNumber of Houses and CondosPercent of total
Without a mortgage16,05933.2%
First Mortgage Only24,17150.0%
Second Mortgage and/or Home Equity Loan8,11816.8%
Total48,348100%

Tenancy in Akron

How many people in Akron live in their own home? How many rent their home? Data for houses and condos, from 2006.
Owner-occupied homes48,348
Renter-occupied homes37,059
Homes for sale3,768
Homes for rent5,703
Total98,634

Age of Akron Residents

Median age for males and females (2000).
Males 32
Females 35

Income

Median earnings for the 12 months preceding 2006, residents over 16 years with earnings
U.S.OhioAkron
Median Earnings$27,239$26,386$22,230
Median Earnings, Males$32,396$32,260$27,480
Median Earnings, Females$22,097$21,032$18,370

Males earn $9,110 (49.6%) more than Females in Akron.

Commuting in Akron

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo78,343
Carpooled10,576
Public Transit3,207
Bicycle116
Walking2,218
Other Means636
Total, Commuted95,096
Worked from home1,923
Total97,019

Time Spent Commuting in Akron

Time spent commuting in Akron
Time spent in minutesNumber of People
Less than 52,390
5-910,922
10-1419,306
15-1920,715
20-2415,136
25-294,998
30-348,595
35-391,772
40-442,161
45-594,460
60-893,094
Over 901,547

Education

Level of higher education for people over 25 years in Akron (2006).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College12,77921.5%15,05325.3%
Associate Degree3,3055.6%6,13210.3%
Bachelor's Degree7,41212.5%7,50112.6%
Master's Degree2,5844.3%3,7516.3%
Professional Degree1,0541.8%5170.9%
Doctorate Degree5841.0%3650.6%
Total (at least some college)27,71846.6%33,31948.5%
Total over 2559,419100%68,647100%

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