Zip 44306 (Akron, OH) Economy


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Akron, Ohio is a city located in the county of Summit and has the ZIP code 44306. The average two bedroom rent in Akron stands at $920, which is approximately 35% less than the US average of $1,430. Grocery costs index for Akron stands at 91 compared to 100 for the US as a whole. There are many companies that call Akron their home including Goodyear Tire and Rubber Company, FirstEnergy Corporation, Gojo Industries and Diebold Nixdorf. Goodyear Tire and Rubber Company is the largest tire manufacturer in North America with its corporate headquarters located in Akron. FirstEnergy is an energy company providing electricity services to customers across six states from its corporate headquarters in Akron. Gojo industries specializes in making hand hygiene products such as soaps and sanitizers while Diebold Nixdorf provides banking technology solutions such as ATMs to banks around the world from its Akron base.

Akron (zip 44306) has an unemployment rate of 6.9%. The US average is 6.0%.

Akron (zip 44306) 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 44306)
- The Sales Tax Rate for Akron (zip 44306) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Akron (zip 44306) 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 44306)
- The average income of a Akron (zip 44306) resident is $18,302 a year. The US average is $37,638 a year.
- The Median household income of a Akron (zip 44306) resident is $35,708 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAkron, OhioUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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