Akron, OH Real Estate
According to census data in the year 2000 there were 97,265 housing units in Akron.
This represents a 0.9% growth from 96,372 in 1990.
Of those housing units, 97,093 were located in either urbanized areas or urban clusters, and 172 were located in what is classified as a rural area.
Homeownership rate in Akron is about 59.3%.
Akron's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Akron were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 14.50% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 41.30% |
| Four Bedrooms | 11.10% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $76,500 |
| Median Price asked for vacant units | $67,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $427 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.80% |
| Home Equity Loan | 9.70% |
| Simple Mortgage | 50.80% |
| Debt Free | 31.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.7% |
