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CITY · 2020 ACS

Akron

Michigan · 349 residents · 0.942 sq mi
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The short version

Akron has notably lower household income than the US average, with a median household income of $40,833. Population has fallen 24% since 2000, a loss of 112 residents. 3% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $56,800. Households here earn about 31% less than the Michigan median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 43.5
US median: 38.8
Less educated
3% hold a bachelor's degree
US average: 33%
More affordable
home values down 33%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
349
−24%since 2000
from 461 in 2000
1990 – 2025
Population density
370 / sq mi
−24%since 2000
from 489 / sq mi in 2000
US average: 280
Median age
43.5
+26%since 2000
from 34.6 in 2000
US average: 38.8
Population, 1990 – 2024
2973423874314761990201020202024Akron
2024336
1990201020202024
Section 02

Income & economy

Median household income
$40,833
−23%inflation adjusted, since 2000
from $35,208 in 2000
US average: $66,278
1990 – 2024
Per capita income
$19,874
+36%since 2000
from $14,570 in 2000
US average: $35,364
Households earning $100K+
23.6%
+13.0 ptssince 2009
from 10.7% in 2009
US average: 43.9%
Poverty rate
19.9%
+2.8 ptssince 2000
from 17.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade31.1%
US avg: 10%
Wholesale trade11.1%
US avg: 6.7%
Information11.1%
US avg: 11.1%
Finance & insurance3.9%
US avg: 5.5%
Professional, scientific, technical3.9%
US avg: 4.7%
Other services2.8%
US avg: 6.6%
Public administration2.8%
US avg: 4.7%
Agriculture, forestry, fishing1.1%
US avg: 1.7%
Construction1.1%
US avg: 1.2%
Transportation & warehousing1.1%
US avg: 2.5%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$56,800
−33%inflation adjusted, since 2000
from $56,700 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$708
−7%inflation adjusted, since 2000
from $508 in 2000
US average: $1,124
Owner-occupied
72.6%
−5.5 ptssince 2000
from 78.0% in 2000
27.4% rent
Afford Score
1.4
−14%since 2000
from 1.6 in 2000
1990 – 2024
RELATED:See current rent listings in Akron on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.4%(426)
Black0%(0)
Hispanic / Latino6.1%(28)
Asian0%(0)
Other0%
Diversity Score14.5%(67)
2020
White, non-Hispanic89.1%(311)
Black0.6%(2)
Hispanic / Latino3.7%(13)
Asian0%(0)
Other7.4%(26)
Diversity Score26.5%(92)
Diversity Score
26
+83%since 2000
from 14 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
3.0%
Unchangedsince 2000
from 3.0% in 2000
US average: 32.9%
High school or higher
88.2%
+1.2 ptssince 2000
from 87.0% in 2000
US average: 88.5%
Graduate degree
0.7%
−0.7 ptssince 2000
from 1.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
33.1 min
+40%since 2000
from 23.6 min in 2000
US average: 26.9
Drive alone to work
87.1%
+12.1 ptssince 2009
from 75.0% in 2009
US average: 75.1%
No vehicle available
2.0%
+1.5 ptssince 2009
from 0.6% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.6%
−15.6 ptssince 2011
from 17.3% in 2011
US average: 5.4%
Labor force participation
58.5%
−6.9 ptssince 2011
from 65.4% in 2011
US average: 63.4%
Management & professional
18.3%
−44.9 ptssince 2009
from 63.3% in 2009
US average: 39.3%
Section 08

People & community

Male
47.9%
+1.6 ptssince 2009
from 46.3% in 2009
Female
52.1%
−1.6 ptssince 2009
from 53.7% in 2009
Foreign born
0.8%
+0.2 ptssince 2009
from 0.6% in 2009
US average: 13.5%
Uninsured
8.3%
−65.3 ptssince 2013
from 73.6% in 2013
US average: 8.8%
Drill deeper

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Compare Akron to nearby cities

AKRON VS
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Income$49,420+21%
Home value$97,600+72%
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AKRON VS
Saginaw
Income$38,579−6%
Home value$60,000+6%
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AKRON VS
Beecher
Income$37,515−8%
Home value$51,500−9%
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AKRON VS
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Income$73,325+80%
Home value$203,900+259%
Population42,806+11532%
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Frequently asked

How many people live in Akron, Michigan?

Akron, Michigan has about 349 residents according to the 2020 American Community Survey.

What is the median household income in Akron, Michigan?

The typical household in Akron, Michigan earns about $40,833 a year. Half of households make more than that, and half make less.

Is Akron, Michigan expensive?

In Akron, Michigan, the median home is worth about $56,800, and the typical rent is about $708 a month.

How educated are people in Akron, Michigan?

About 3.0% of adults age 25 and over in Akron, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Akron, Michigan?

About 19.9% of people in Akron, Michigan live below the federal poverty line.

Has Akron, Michigan grown since 1990?

Yes, Akron, Michigan has shrunk since 1990. The population has lost about 58 residents, a change of about -14 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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