Living in Akron, Iowa
Cost of living, income, home prices, rent and demographics of Akron · Census data 2020–2024
Akron has 1,689 residents with a median age of 41.2. The median household income is $66,250 (12% lower than the Iowa median), the median home value is $157,900, the median rent is $710/month.
Akron at a glance
- Population
- 1,689
- Median age
- 41.2State: 38.6
- Median household income
- $66,250State: $75,059
- Median home value
- $157,900State: $208,000
- Median rent
- $710/moState: $972
- Homeowners
- 70.8%
- Bachelor's degree or higher
- 22.9%
- Average commute
- 24 min
Is Akron a good place to live?
Pros: Home values 24% lower than the state median; unemployment of 1.7%; a poverty rate of 9.5%.
Cons: Median household income 12% lower than the Iowa median; an average commute of 24 minutes.
The weather is best in June to September.
Cost of living in Akron
Housing is the biggest part of the cost of living. In Akron the median home value is $157,900, 53% lower than the U.S. median. Renters pay a median of $710 per month, which is 19.6% of household income. Homeowners with a mortgage pay $1,231 a month in housing costs.
Akron median household income
The median household income in Akron is $66,250 and the income per person is $35,268. 9.5% of residents live below the poverty line (Iowa: 11.1%).
Housing in Akron: homes for sale and rent
- Housing units
- 827
- Owner-occupied
- 70.8%
- Renter-occupied
- 29.2%
- Vacant
- 6.9%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.17
Akron demographics
- Population
- 1,689
- Median age
- 41.2
- Under 18
- 22.6%
- 65 and older
- 30.4%
- Households
- 770
- Foreign-born
- 1.5%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Akron ›
Education in Akron
22.9% of adults 25 and older in Akron have a bachelor's degree or higher (Iowa: 31.4%), and 4.5% have a graduate or professional degree.
Jobs and commute in Akron
- Unemployment rate
- 1.7%State: 3.6%
- Average commute
- 24 minState: 20 min
- Work from home
- 7.6%
- Drive alone
- 83.6%
- Public transit
- 0%
- Walk to work
- 3.3%
- Homes with broadband
- 79.5%
Akron vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Akron | 1,689 | $66,250 | $157,900 | $710 |
| Westfield | 123 | $68,125 | $117,500 | $993 |
| Richland | 107 | $130,417 | $208,300 | — |
| Elk Point | 2,537 | $90,473 | $248,500 | — |
| Hawarden | 2,658 | $74,167 | $136,300 | $933 |
| Alcester | 989 | $57,000 | $125,800 | $688 |
| Brunsville | 210 | $45,000 | $129,200 | $1,417 |
| Burbank | 110 | $27,941 | — | — |
| Jefferson | 554 | $82,888 | $179,400 | — |
More for people moving to Akron
Akron ZIP code ›Weather and climate ›Living in Akron: FAQ
What is the median household income in Akron, IA?
The median household income in Akron is $66,250, 12% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Akron?
The median home value in Akron is $157,900, compared with $208,000 in Iowa.
How much is rent in Akron?
The median gross rent in Akron is $710 per month, about 19.6% of household income.
Is Akron, IA a good place to live?
Pluses: home values 24% lower than the state median; unemployment of 1.7%; a poverty rate of 9.5%. Minuses: median household income 12% lower than the Iowa median; an average commute of 24 minutes.
What is the median age in Akron?
The median age in Akron is 41.2 years (Iowa: 38.6).
How long is the commute in Akron?
The average commute to work in Akron is 24 minutes; 7.6% of workers work from home.
What is the unemployment rate in Akron?
The unemployment rate in Akron is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Akron?
22.9% of adults in Akron have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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