Wealth Index
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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Income Statistics Overview
| Metric | Akron | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $48,713 | $69,785 | $78,145 |
| Median Personal Income | $48,713 | $69,785 | $78,145 |
| Average income growth | 4.9% | 4.9% | 4.9% |
Household Income Trend
Median Household Income Over Time
Akron
United States
Economic Inequality in Akron | Gender Pay Gap | Gini Index
| Metric | Akron | Ohio Avg | US Average |
|---|---|---|---|
| Gini Index | 0.531 | 0.543 | 0.570 |
| Male Median Income | $51,958 | $65,552 | $67,746 |
| Female Median Income | $44,233 | $52,370 | $54,793 |
| Gender Pay Gap | 14.9% | 20.1% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Akron | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.1% | 4.8% | 5.2% |
| Working from Home | 9.6% | 11.5% | 13.4% |
| Commute time (minutes) | 18 | 21 | 22 |
Unemployment Rate Over Time
Akron
United States