44302 Akron, OH is an area which is known for its affordability and has a range of amenities on offer. The average two bedroom rent in the area is $820 compared to the US average of $1,430. Additionally, the Grocery Cost Index in 44302 Akron, OH is 94 compared to 100 in the US. This makes it significantly more affordable than other areas. A few local companies in this area include FirstEnergy Corp., Goodyear Tire & Rubber Co., InfoCision Management Corp., and Sterling Jewelers Inc. All these businesses provide excellent employment opportunities and help foster economic growth in the community.
Akron (zip 44302) has an unemployment rate of 6.9%. The US average is 6.0%.
Akron (zip 44302) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Akron (zip 44302)
- The Sales Tax Rate for Akron (zip 44302) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Akron (zip 44302) 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 (zip 44302)
- The average income of a Akron (zip 44302) resident is $26,048 a year. The US average is $37,638 a year.
- The Median household income of a Akron (zip 44302) resident is $29,503 a year. The US average is $69,021 a year.