44311 Akron, OH is an affordable area for those looking to rent. The average 2 bedroom rent is $820 compared to the US average of $1,430. Apart from rent being relatively low, grocery costs are also affordable with the Grocery Cost Index in 44311 Akron, OH at 92 compared to 100 in the US. Local businesses such as Mustard Seed Market & Cafe, Crave and Swenson’s make 44311 Akron a great place to live. These companies offer quality local produce, groceries, and restaurants that compare favorably to larger US cities.
Akron (zip 44311) has an unemployment rate of 6.9%. The US average is 6.0%.
Akron (zip 44311) 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 44311)
- The Sales Tax Rate for Akron (zip 44311) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Akron (zip 44311) 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 44311)
- The average income of a Akron (zip 44311) resident is $13,310 a year. The US average is $37,638 a year.
- The Median household income of a Akron (zip 44311) resident is $21,564 a year. The US average is $69,021 a year.