Akron, OH Metro Area is a great place to live with its affordable rent and cost of living. The 2 Bedroom Rent in Akron is $1,030 which is notably less than the US average rent of $1,430. Additionally, the Grocery Cost Index in the area is 97 versus 100 for the US as a whole. There are many local companies to choose from in Akron including Goodyear Tire & Rubber Company, FirstEnergy Corporation, Akron Children's Hospital, Summa Health System and Diebold Nixdorf.
Akron Metro Area has an unemployment rate of 5.5%. The US average is 6.0%.
Akron Metro Area has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Akron Metro Area
- The Sales Tax Rate for Akron Metro Area is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Akron Metro Area is 5.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Akron Metro Area
- The average income of a Akron Metro Area resident is $27,823 a year. The US average is $28,555 a year.
- The Median household income of a Akron Metro Area resident is $63,331 a year. The US average is $69,021 a year.