Akron, OH with the zipcode 44305 has a 2 bedroom rent cost of $1,000 which is much lower than the US average of $1,430. The grocery cost index in Akron is at 93 compared to the US average of 100. There are many companies in and around 44305 in Akron such as FirstEnergy Corp., Summa Health System, Goodyear Tire & Rubber Co., and Myers Industries Inc. These companies provide job opportunities to locals and serve as major economic Drivers within Akron and its surrounding area.
Akron (zip 44305) has an unemployment rate of 6.9%. The US average is 6.0%.
Akron (zip 44305) 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 44305)
- The Sales Tax Rate for Akron (zip 44305) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Akron (zip 44305) 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 44305)
- The average income of a Akron (zip 44305) resident is $23,344 a year. The US average is $37,638 a year.
- The Median household income of a Akron (zip 44305) resident is $47,314 a year. The US average is $69,021 a year.