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Akron, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
336
Population
$50,179
Median Income
$82,900
Home Value
47.2
Median Age

Demographics

Akron has a population of 336 with a median age of 47.2. Here is the racial and ethnic breakdown of the population:

White
86.6%
Hispanic
7.4%
Other
5.1%
Black
0.6%
Demographic Value
Total Population336
Median Age47.2
White86.6%
Black or African American0.6%
Asian0.3%
Hispanic or Latino7.4%
Other / Two or More Races5.1%
Akron, Michigan — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 86.6%Hispanic/Latino: 7.4%Other: 5.1%Other: 0.9%336PopulationWhiteWhite86.6%Hispanic/LatinoHispanic/Latino7.4%OtherOther5.1%OtherOther0.9%

Income & Economy

The median household income in Akron is $50,179, which is 37.8% below the national median of $80,610. The per capita income is $28,051. The poverty rate is 27.6%.

$50,179
Median Household Income
$28,051
Per Capita Income
27.6%
Poverty Rate

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Education

In Akron, 84.3% of residents age 25+ have a high school diploma or higher, and 6.5% hold a bachelor's degree or higher (3.2% with a graduate or professional degree).

HS Diploma+
84.3%
Bachelor's+
6.5%
Graduate+
3.2%
Education Level % of Adults (25+)
High School Diploma or Higher84.3%
Bachelor's Degree or Higher6.5%
Graduate or Professional Degree3.2%

Housing

The median home value in Akron is $82,900, below the national median of $303,400. The median monthly rent is $938. The homeownership rate is 78.1%.

$82,900
Median Home Value
$938/mo
Median Rent
78.1%
Homeownership Rate
Housing Metric Value
Median Home Value$82,900
Median Monthly Rent$938
Homeownership Rate78.1%
Vacancy Rate11.2%

Salaries in Michigan

Explore salary data for popular occupations in Michigan:

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Other Cities in Michigan

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Frequently Asked Questions

What is the population of Akron, Michigan?
The population of Akron, Michigan is 336 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Akron, Michigan?
The median household income in Akron, Michigan is $50,179. This is 37.8% below the national median of $80,610.
What is the median home value in Akron, Michigan?
The median home value in Akron, Michigan is $82,900. The median monthly rent is $938.
What percentage of people in Akron have a college degree?
In Akron, Michigan, 6.5% of adults age 25 and older hold a bachelor's degree or higher, and 84.3% have a high school diploma or higher.
Is Akron, Michigan an affordable place to live?
The home price-to-income ratio in Akron, Michigan is 1.7x (median home value $82,900 vs. median income $50,179), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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