Akron, PA is a small town located in Lancaster County. It has an estimated population of 2,000 people and is known for its vibrant community culture. Rent in this area for a two-bedroom apartment averages around $1,220 per month, which is lower than the national average of $1,430. Additionally the Grocery Cost Index in Akron is 103 versus 100 in the US.
Akron has many local businesses such as Shady Maple Farms which sells fresh produce and other goods, Stoltzfus Meats offering meats and cheeses from their family farm, Windy Hill Orchards providing farm-fresh fruits and vegetables as well as a bakery and cafe, Annie’s Book Barn a used book store with over 16 thousand titles to choose from, and many others. With its quaint charm and clear commitment to small business owners, Akron continues to be an enjoyable place for residents and visitors alike.
Akron has an unemployment rate of 5.6%. The US average is 6.0%.
Akron has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Akron
- The Sales Tax Rate for Akron is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Akron is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Akron
- The average income of a Akron resident is $27,510 a year. The US average is $28,555 a year.
- The Median household income of a Akron resident is $65,863 a year. The US average is $69,021 a year.