Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

7,790 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,263

Average Rent as Percentage of Gross Income

Median rent for 2018: $813

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $1,608,406
--Home Prepared Food $906,324
--Restaurant/Takeaway Food $702,082
Alcoholic Beverages $118,077
Housing $4,076,863
--Rent/Mortgage/Upkeep/Taxes $2,383,888
--Utilities $821,755
--Operations $309,554
--Supplies $151,586
--Furnishings $411,675
Apparel $378,167
--Men & Boys $84,569
--Women & Girls $153,182
--Children < 2 $1,596
--Footwear $79,782
Transportation $1,980,190
--New Vehicles $370,189
--Used Vehicles $422,845
--Fuel $427,632
--Insurance $197,859
--Public Transit $165,947
Healthcare $1,008,445
Entertainment $654,213
--Pets $134,034
--Toys $31,913
Personal Care Products $156,373
Books & Literature $22,339
Education $285,620
Tobacco Products $70,208
Miscellaneous $201,051
Retirement $382,954
Non-health Insurance $1,480,755
Total Expenditures $12,423,660

Selected Population Data

Period Geography Population
2014 Akron, OH Metro Area 703,017
2015 Akron, OH Metro Area 703,744
2016 Akron, OH Metro Area 703,168
2017 Akron, OH Metro Area 703,398
2018 Akron, OH Metro Area 704,454