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Akron, Michigan Mortgage and Housing Information

Population: 461
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Lifestyle in Akron

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.MichiganAkron
Median Earnings$23,755$25,271$19,688
Median Earnings, Males$29,458$32,766$27,083
Median Earnings, Females$18,957$18,677$13,333

Males earn $13,750 (103.1%) more than Females in Akron.

Commuting in Akron

Means of transportation to work, workers over 16 years old.

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo142
Carpooled19
Public Transit0
Bicycle0
Walking4
Other Means0
Total, Commuted165
Worked from home4
Total169

Time Spent Commuting in Akron

Time spent commuting in Akron

Time spent commuting in Akron
Time spent in minutesNumber of People
Less than 58
5-912
10-144
15-1919
20-2425
25-2919
30-3423
35-391
40-4412
45-5920
60-893
Over 9019

Education

Level of higher education for people over 25 years in Akron (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College2520.2%3931.5%
Associate Degree97.3%1411.3%
Bachelor's Degree10.8%32.4%
Master's Degree43.2%00.0%
Professional Degree00.0%00.0%
Doctorate Degree00.0%00.0%
Total (at least some college)3931.5%5638.6%
Total over 25124100%145100%
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Housing in Akron

Cost of Single-Family Houses

Median price asked in year 2000$85,000

Value of Houses and Condos

U.S.MichiganAkron
Median home value in year 2000$111,800$110,300$56,700

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.MichiganAkron
With a mortgage$1,088$972$550
Without a mortgage$295$288$227

Tenancy in Akron

How many people in Akron live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes135
Renter-occupied homes38
Homes for sale4
Homes for rent4
Total188

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Akron (2000)

Types of mortgages for owner-occupied Single-family Houses in Akron (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage4439.3%
First Mortgage Only6255.4%
Second Mortgage and/or Home Equity Loan65.4%
Total112100%

Age of Akron Residents

Median age for males and females (2000).
MalesFemales
3435

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