Income and Poverty in Akron, OH
In Akron, OH White householders had a median income (2005 Dollars) of $41,696 according to the Decennial Census of 2000, which was 4.7 percent greater than the median household income in 2000. Black or African American householders reported a median household income that was 23.5 percent less than the overall reported level in 2000, with a reported median of $30,457. Hispanic in Akron, OH reported a median household income of $31,340, this median household income is 21.3 percent less than the areas median income level for all households. According to the 2000 Census, the Asian headed households in the area have median household incomes of $33,516. This income level is 15.8 percent less than the reported median household income, in the area, for all households. The American Indian and Alaska Native headed households in Akron had a median income of $39,697, this median was 0.3 percent less than the median income level in this area.
The median household income in the area has increased from the values (adjusted for inflation) in 2000. The median has increased to $44,719, which amounts to a 12.3 percent growth. The Akron, OH MSA, when comparing total percent of growth, ranks 10 of 22 metro area in percent of growth for median household income in the State of Ohio. Akron ranks 71 of 233 metro area when analyzing the growth in household income across the nation.
The poverty rate in the Akron, OH Metro has declined by 3.2 percent from the rates reported in the Decennial Census, moving from 14.5 percent to 11.3 percent.
Contrasted against to other Metropolitan Areas throughout the US, the Akron metro area can be understood to have a medium-high poverty rate amongst the population, with a poverty rate of 14.5 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 26.1 percent of the people in 2000 living in poverty. The population that is aged Under 5 years are witness to the most percent living in poverty in Akron, reporting 24.5 percent of this age cohort living in poverty.
Compared to other MSAs throughout the nation, the Akron metro area reported a relatively low median income for all households of $39,821 (Adjusted to 2005 Dollars). This figure is 20.3 percent lower than the household income median in State of Ohio of $47,919 and this is 23.4 percent lower than the median household income level in the US of $49,133.
While household income level experienced a growth in the last five year in the Akron, OH metro area, the Race/Ethnicity category that saw the sharpest growth in household income was the Race/Ethnicity category. This category went through an of . percent in the last five years. The population group was least impacted by the household income growth in Akron, seeing a . percent in median income, since the values reporting the 2000 Decennial Census.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
The median household income in the area has increased from the values (adjusted for inflation) in 2000. The median has increased to $44,719, which amounts to a 12.3 percent growth. The Akron, OH MSA, when comparing total percent of growth, ranks 10 of 22 metro area in percent of growth for median household income in the State of Ohio. Akron ranks 71 of 233 metro area when analyzing the growth in household income across the nation.
The poverty rate in the Akron, OH Metro has declined by 3.2 percent from the rates reported in the Decennial Census, moving from 14.5 percent to 11.3 percent.
Contrasted against to other Metropolitan Areas throughout the US, the Akron metro area can be understood to have a medium-high poverty rate amongst the population, with a poverty rate of 14.5 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 26.1 percent of the people in 2000 living in poverty. The population that is aged Under 5 years are witness to the most percent living in poverty in Akron, reporting 24.5 percent of this age cohort living in poverty.
Compared to other MSAs throughout the nation, the Akron metro area reported a relatively low median income for all households of $39,821 (Adjusted to 2005 Dollars). This figure is 20.3 percent lower than the household income median in State of Ohio of $47,919 and this is 23.4 percent lower than the median household income level in the US of $49,133.
While household income level experienced a growth in the last five year in the Akron, OH metro area, the Race/Ethnicity category that saw the sharpest growth in household income was the Race/Ethnicity category. This category went through an of . percent in the last five years. The population group was least impacted by the household income growth in Akron, seeing a . percent in median income, since the values reporting the 2000 Decennial Census.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
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