Summit Lake is a neighborhood of 4,437 people in Akron. The poverty rate is 54.1%, above the 12.5% national rate. 30% of homes are owner-occupied. Four-year degrees are less common here than nationally, at 7% of adults. Households here earn about 59% less than in Akron as a whole. This skews young, with a median age of 32.3. These figures are approximated by combining the 3 census tracts that make up Summit Lake; the Census Bureau does not tabulate data for neighborhoods directly.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 32.3
US median: 38.9
Less educated
7% hold a bachelor's degree
US average: 36%
Renter-heavy
30% owner-occupied
US average: 65%
Section 01
Population & growth
Total population
4,437
Population density
3,786 / sq mi
US average: 281
Median age
32.3
US average: 38.9
Land area
1.17 sq mi
Section 02
Income & economy
Median household income
$19,613
US average: $82,259
Per capita income
$15,604
US average: $44,673
Households earning $100K+
14.5%
US average: 53.3%
Poverty rate
54.1%
US average: 12.5%
Income inequality (Gini)
0.517
US average: 0.476
Workforce by industry, 2024
Finance & insurance14.1%
US avg: 5.9%
Professional, scientific, technical14.1%
US avg: 5.1%
Retail trade12.1%
US avg: 9.9%
Information10.4%
US avg: 10.8%
Wholesale trade1.1%
US avg: 6.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03
Housing
Median home value
$100,318
US average: $376,019
Median gross rent
$721
US average: $1,442
Owner-occupied
30.0%
70.0% rent
Vacancy rate
16.6%
US average: 10.0%
Persons per household
2.15 people
US average: 2.54
Owner cost-burdened
25.2%
US average: 22.9%
Renter cost-burdened
50.6%
US average: 47.4%
Afford Score
5.1
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic27.5%(1,222)
Black58.5%(2,596)
Hispanic / Latino3%(135)
Asian4.1%(181)
Other6.8%(303)
2024
White, non-Hispanic27.5%(1,222)
Black58.5%(2,596)
Hispanic / Latino3%(135)
Asian4.1%(181)
Other6.8%(303)
Diversity Score
72
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
