Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.1 yrs |
|---|---|
| Avg HH Size | 2.24 |
| Below Poverty | 9.2% ▼ 8% below avg |
| College Grads | 24.0% ▼ 38% below avg |
| Unemployment | 1.2% ▼ 75% below avg |
| No HS Diploma | 16 (1.7%) |
| HS Graduate | 435 (45.4%) |
| Some College | 120 (12.5%) |
| Associates | 158 (16.5%) |
| Bachelors | 110 (11.5%) |
| Graduate Degree | 120 (12.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,976 ▼ 19% below avg |
|---|---|
| Median Home Value | $98,000 ▼ 65% below avg |
| Home/Income Ratio | 1.6x (nat avg ~3.5x) |
| Median Rent | $864/mo |
| Total Housing Units | 680 |
| Vacant Units | 75 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Akron is a city in Michigan, located in Tuscola County. The city spans 1 ZIP code and is home to approximately 1,364 residents. It is a middle-aged city, with a median age of 42.1 years.
Economically, Akron is a solidly middle-class community. The median household income of $61,976 is below the national average. Approximately 9.2% of residents live below the poverty line. The unemployment rate is 1.2%, well below the national average.
The real estate market in Akron is one of the more affordable housing markets in the country. Median home values stand at $98,000, which is well below the national average. Renters typically pay around $864 per month. Homeownership is high at 83.3%, typical of suburban and family-oriented communities.
The population of Akron is less-educated. 24.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (87.46%).
Akron, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 48701 | 1,364 | $61,976 | $98,000 | $864 | 1.2% | 24.0% | 83.3% |