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DollarTimes.com > Mortgage > Ohio > Akron
Population: 217,074
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
| U.S. | Ohio | Akron | |
|---|---|---|---|
| Median Earnings | $27,239 | $26,386 | $22,230 |
| Median Earnings, Males | $32,396 | $32,260 | $27,480 |
| Median Earnings, Females | $22,097 | $21,032 | $18,370 |
Males earn $9,110 (49.6%) more than Females in Akron.
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 78,343 |
| Carpooled | 10,576 |
| Public Transit | 3,207 |
| Bicycle | 116 |
| Walking | 2,218 |
| Other Means | 636 |
| Total, Commuted | 95,096 |
| Worked from home | 1,923 |
| Total | 97,019 |
Time spent commuting in Akron
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 2,390 |
| 5-9 | 10,922 |
| 10-14 | 19,306 |
| 15-19 | 20,715 |
| 20-24 | 15,136 |
| 25-29 | 4,998 |
| 30-34 | 8,595 |
| 35-39 | 1,772 |
| 40-44 | 2,161 |
| 45-59 | 4,460 |
| 60-89 | 3,094 |
| Over 90 | 1,547 |
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 12,779 | 21.5% | 15,053 | 25.3% |
| Associate Degree | 3,305 | 5.6% | 6,132 | 10.3% |
| Bachelor's Degree | 7,412 | 12.5% | 7,501 | 12.6% |
| Master's Degree | 2,584 | 4.3% | 3,751 | 6.3% |
| Professional Degree | 1,054 | 1.8% | 517 | 0.9% |
| Doctorate Degree | 584 | 1.0% | 365 | 0.6% |
| Total (at least some college) | 27,718 | 46.6% | 33,319 | 48.5% |
| Total over 25 | 59,419 | 100% | 68,647 | 100% |
| U.S. | Ohio | Akron | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $135,200 | $92,700 |
| U.S. | Ohio | Akron | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,216 | $974 |
| Without a mortgage | $399 | $408 | $413 |
| Owner-occupied homes | 48,348 |
|---|---|
| Renter-occupied homes | 37,059 |
| Homes for sale | 3,768 |
| Homes for rent | 5,703 |
| Total | 98,634 |
Types of mortgages for owner-occupied Houses and Condos in Akron (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 16,059 | 33.2% |
| First Mortgage Only | 24,171 | 50.0% |
| Second Mortgage and/or Home Equity Loan | 8,118 | 16.8% |
| Total | 48,348 | 100% |
| Males | Females |
|---|---|
| 32 | 35 |
What Will Your Monthly Payment Be?
This will calculate your approximate monthly mortgage payment based on the purchase price and your loan details.
This calculator is for fixed-rate mortgages. Adjustable-rate mortgages, or ARMs, may allow you to acheive lower payments in the short term. However, with ARMs, your monthly payment may increase if interest rates rise.