HomeOhioSummit CountyAkron city
Akron city, Ohio: commercial real estate data.
Akron city is a Census city of 189,247 people across 61.93 square miles of land, in Summit County. Median household income is $48,076, 50.7 percent of occupied homes are owned, and the SBA record carries 495 7(a) approvals to borrowers here worth $166.2 m.
82 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Akron
What Akron is
- Census place typecity
- Land area61.93 sq mi
- Water area0.34 sq mi
- Population per square mile of land3,056
- County holding the largest share of its areaSummit County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Akron
How many people live in Akron
- Population189,247
- Median age36.9
- Population under 1840,774
- Share under 1821.5 percent
- Population 65 and over30,360
- Share 65 and over16.0 percent
- Households84,734
- Family households44,260
- Share of households that are families52.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Akron
Income and work in Akron
- Median household income$48,076
- Per capita income$29,457
- Civilian labor force96,423
- Employed88,882
- Unemployed7,541
- Unemployment rate7.8 percent
- Adults 25 and over128,258
- Adults 25 and over with a high school diploma or higher88.3 percent
- Adults 25 and over with a bachelor degree or higher23.6 percent
- Adults 25 and over with a graduate degree8.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Akron
Housing in Akron
- Housing units93,741
- Occupied units84,734
- Vacant units9,007
- Vacancy rate9.6 percent
- Owner occupied42,929
- Renter occupied41,805
- Ownership rate50.7 percent
- Median owner-occupied home value$122,000
- Median gross rent, monthly$955
- Annual rent as a share of median income23.8 percent
- Single family units66,318
- Share single family70.7 percent
- Units in buildings of two or more27,026
- Share in buildings of two or more28.8 percent
- Mobile homes295 plus or minus 178
- Median year structure built1954
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Akron
How Akron gets to work
- Workers 16 and over who commute77,125
- Commuting under 15 minutes24,799
- Share commuting under 15 minutes32.2 percent
- Commuting 30 minutes or more19,271
- Share commuting 30 minutes or more25.0 percent
- Drove alone71.7 percent
- Carpooled11.3 percent
- Public transport2.0 percent plus or minus 0.5
- Walked2.0 percent
- Worked from home11.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Akron
SBA loans in Akron (7(a))
- Approvals495
- Gross approval$166,239,400
- Average approval$335,837
- Median approval$75,000
- Ninetieth percentile approval$864,500
- Largest approval$5,000,000
- Jobs supported4,853
- Jobs per approval9.8
- Loans with a final outcome102
- Paid in full87
- Charged off15
- Charge-off rate over resolved loans14.7 percent
- Median term120 months
- Share on real estate terms of 20 years or more10.1 percent
- Share to franchises4.6 percent
- Distinct lenders45
- Distinct industries by NAICS163
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Akron
SBA loans in Akron (504)
- Approvals61
- Gross approval$37,448,000
- Average approval$613,902
- Median approval$371,000
- Largest approval$4,508,000
- Jobs supported850
- Loans with a final outcome18
- Charged off1
- Charge-off rate over resolved loans5.6 percent
- Median term240 months
- Distinct CDCs6
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Akron
Flood risk in Akron
- Listed NFIP communities1
- Of those, participating1
- NFIP community number390523
- Currently effective map date04/19/16
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Summit County, not Akron
Summit County context, not Akron figures
These are Summit County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Akron measurements.
- Establishments in Summit County13,309
- Employment at those establishments, Summit County249,827
- Covered employment, Summit County261,045
- Average annual pay, Summit County$62,871
- Average weekly wage, Summit County$1,209
- Housing units permitted, Summit County1,082
- Of those, single family, Summit County580
- County product, 2024, Summit County$40,349,074,000
- County product change over the prior year, Summit County4.3 percent
- Average income of an arriving household, Summit County$97,249
Every figure in this section is published for Summit County as a whole and is not a measurement of Akron. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Akron questions, answered from the record.
How many people live in Akron, Ohio?
189,247, in 84,734 households. Akron city covers 61.93 square miles of land, which is 3,056 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Akron in?
Summit County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Akron?
$48,076. The median owner-occupied home is valued at $122,000. Median gross rent is $955 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Akron businesses?
495 7(a) approvals totalling $166.2 m, across 45 lenders, median approval $75,000, plus 61 504 approvals worth $37.4 m. These count approvals to borrowers whose address is in Akron, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Akron borrowers get paid back?
Of the 102 loans that have reached a final outcome, 87 were paid in full and 15 charged off, a charge off rate of 14.7 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Akron in the National Flood Insurance Program?
Yes. Akron appears in the FEMA Community Status Book as community 390523, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Akron figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Summit County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Akron.
Is zoning published for Akron?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.