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2024 Compare Cities Economy:
Akron, OH vs Lakewood, OH

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Highlights
- Household income in Lakewood, is 37% more than it is in Akron and is 20% below the National Average.
- Akron unemployment rate is 6.9%.
- Lakewood unemployment rate is 5.2%.

Economy
 Akron, OHLakewood, OHUnited States
 Unemployment Rate6.9%5.2%6.0%
 Recent Job Growth0.8%1.0%1.6%
 Future Job Growth26.2%24.8%33.5%
 Sales Taxes6.8%8.0%6.2%
 Income Taxes5.6%5.0%4.6%
 Income per Cap.$26,064$40,959$37,638
 Household Income$42,129$57,588$69,021
 Family Median Income$53,992$86,597$85,028
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 Est. Households By Income
 Akron, OHLakewood, OHUnited States
 Income Less Than 15K17.6%10.8%9.4%
 Income between 15K and 20K6.0%4.1%3.8%
 Income between 20K and 30K11.9%9.0%8.1%
 Income between 30K and 40K11.6%9.4%8.0%
 Income between 40K and 50K9.6%9.1%7.6%
 Income between 50K and 60K8.0%9.2%7.2%
 Income between 60K and 75K10.5%11.3%9.6%
 Income between 75K and 100K11.3%11.2%12.8%
 Income between 100K and 150K8.9%13.3%16.3%
 Income between 150K and 200K2.6%7.1%7.8%
 Income greater than 200K2.0%5.5%9.5%
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 Population By Occupation
 Akron, OHLakewood, OHUnited States
 Management, business, finance11.6%20.3%16.4%
 Engineering, computers, science4.5%8.5%6.5%
 Community, social services1.8%2.5%1.8%
 Legal0.8%1.6%1.2%
 Education, library4.0%6.5%6.2%
 Arts, design, media, sports, entertainment1.6%3.5%2.0%
 Healthcare practitioners and technology4.9%8.7%6.2%
 Healthcare support5.6%1.7%3.3%
 Firefighters, law enforcement1.4%1.5%2.1%
 Food preparation, serving9.1%7.3%5.4%
 Building maintenance4.0%3.1%3.6%
 Personal care2.1%2.8%2.6%
 Sales, office, administrative support23.0%19.8%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair6.5%4.1%8.1%
 Production, transportation, material moving19.1%7.8%13.1%

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Reviews for Akron    31 Reviews

Over 3 years ago

I grew up and lived in Akron, OH for a majority of my life, with the exception of living in Panama City, FL for 8 years. The town is pretty decent, affordable utilities,  More

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Over 3 years ago

This area is completely run down. Ghetto with a capital  More

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My goodness, I had to create an account to counterbalance all the negative people. I grew up in Ellet, went to an Akron Public School, graduated with a bachelor's from  More

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Reviews for Lakewood    7 Reviews

Over 10 years ago

Lakewood, Ohio has the best of everything. Restaurants, small business, walkability, library, theater, schools, century homes, front porches, neighborhoods, parks, Lake  More

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Over 11 years ago

If you get a job in Cleveland, THIS IS THE PLACE TO LIVE! It has something for everybody. I was raised here and never knew anything else at this time. Once I went away  More

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Over 11 years ago

I haven't lived here, but have spent a lot of time in the area, and most certainly will move here when I finally can move back to the Cleveland area in a few years. I  More

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ZIPS IN AKRON, OHIO
44312, 44310, 44313, 44305, 44306, 44320, 44314, 44301, 44311, 44303, 14 total
ZIPS IN LAKEWOOD, OHIO
44107

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