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

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Highlights
- Household income in Akron, is 27% less than it is in Lakewood and is 64% below the National Average.
- Lakewood unemployment rate is 5.2%.
- Akron unemployment rate is 6.9%.

Economy
 Lakewood, OHAkron, OHUnited States
 Unemployment Rate5.2%6.9%6.0%
 Recent Job Growth1.0%0.8%1.6%
 Future Job Growth24.8%26.2%33.5%
 Sales Taxes8.0%6.8%6.2%
 Income Taxes5.0%5.6%4.6%
 Income per Cap.$40,959$26,064$37,638
 Household Income$57,588$42,129$69,021
 Family Median Income$86,597$53,992$85,028
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 Est. Households By Income
 Lakewood, OHAkron, OHUnited States
 Income Less Than 15K10.8%17.6%9.4%
 Income between 15K and 20K4.1%6.0%3.8%
 Income between 20K and 30K9.0%11.9%8.1%
 Income between 30K and 40K9.4%11.6%8.0%
 Income between 40K and 50K9.1%9.6%7.6%
 Income between 50K and 60K9.2%8.0%7.2%
 Income between 60K and 75K11.3%10.5%9.6%
 Income between 75K and 100K11.2%11.3%12.8%
 Income between 100K and 150K13.3%8.9%16.3%
 Income between 150K and 200K7.1%2.6%7.8%
 Income greater than 200K5.5%2.0%9.5%
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 Population By Occupation
 Lakewood, OHAkron, OHUnited States
 Management, business, finance20.3%11.6%16.4%
 Engineering, computers, science8.5%4.5%6.5%
 Community, social services2.5%1.8%1.8%
 Legal1.6%0.8%1.2%
 Education, library6.5%4.0%6.2%
 Arts, design, media, sports, entertainment3.5%1.6%2.0%
 Healthcare practitioners and technology8.7%4.9%6.2%
 Healthcare support1.7%5.6%3.3%
 Firefighters, law enforcement1.5%1.4%2.1%
 Food preparation, serving7.3%9.1%5.4%
 Building maintenance3.1%4.0%3.6%
 Personal care2.8%2.1%2.6%
 Sales, office, administrative support19.8%23.0%20.9%
 Farming, fishing, forestry0.2%0.0%0.6%
 Construction, extraction, maintenance/repair4.1%6.5%8.1%
 Production, transportation, material moving7.8%19.1%13.1%

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

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