Akron Metro Area Housing

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As of 2010-2014, median price of a house in Akron Area is $137,600, which is higher than the state average of $129,600 and is lower than the national average of $175,700. The median year that a house in Akron Area was built is 1966, which is about the same as the median year for a house built in the state which is 1967 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 190,131 Owner Occupied Houses in Akron Area, #338

Akron Area	137,600 USD
Ohio	129,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Akron Area		-3.57%
Ohio		24.98%
U.S.		46.91%

*The Akron Area median house price growth rate is since 2005-2009. The Ohio and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Akron Area	Ohio	U.S.
Total Housing Units	312,993, see rank, 100%	5,135,173	132,741,033
Occupied Housing Units	281,752, 90.02%, see rank	88.99%	87.55%
Owner Occupied	190,131, 60.75%, see rank	59.52%	56.34%
Renter Occupied	91,621, 29.27%, see rank	29.48%	31.21%
Vacant Housing Units	31,241, 9.98%, see rank	11.01%	12.45%
For Rent	7,430, 2.37%, see rank	2.34%	2.34%
For Sale Only	3,358, 1.07%, see rank	1.24%	1.20%
Rented or Sold, Not Occupied	1,669, 0.53%, see rank	0.88%	0.92%
For Seasonal, Recreational, or Occasional Use	1,703, 0.54%, see rank	1.09%	3.97%
For Migrant Workers	10, 0.00%, see rank	0.01%	0.03%
Other Vacant	17,071, 5.45%, see rank	5.44%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #691

Akron Area	Ohio	U.S.
1966	1967	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Akron Area	%	Ohio	U.S.
Owner-Occupied Units	190,131	100%	3,056,206	74,787,460
With a Mortgage	128,574	67.62%, see rank	66.04%	65.58%
Without a Mortgage	61,557	32.38%, see rank	33.96%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Akron Area	1,291 USD
Ohio	1,274 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Akron Area	%	Ohio	U.S.
$299 or Less	265	0.21%, see rank	0.23%	0.20%
$300 to $499	2,443	1.90%, see rank	2.18%	1.59%
$500 to $699	8,325	6.47%, see rank	6.80%	5.01%
$700 to $999	25,705	19.99%, see rank	20.08%	14.32%
$1,000 to $1,499	45,034	35.03%, see rank	35.36%	27.90%
$1,500 to $1,999	25,079	19.51%, see rank	19.46%	20.35%
$2,000 to $2,999	17,022	13.24%, see rank	12.09%	19.52%
$3,000 or More	4,701	3.66%, see rank	3.79%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Akron Area	21.70% of the Total Income
Ohio	21.90% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Akron Area	%	Ohio	U.S.
10% or Less	8,438	6.56%, see rank	6.41%	5.86%
10% to 20%	48,030	37.36%, see rank	36.96%	31.95%
20% to 30%	36,647	28.50%, see rank	28.24%	27.64%
30% to 40%	14,696	11.43%, see rank	12.07%	13.74%
40% or More	20,225	15.73%, see rank	15.95%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Akron Area	464 USD
Ohio	442 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Akron Area	%	Ohio	U.S.
$199 or Less	2,002	3.25%, see rank	5.13%	7.76%
$200 to $299	7,300	11.86%, see rank	14.20%	14.70%
$300 to $499	26,210	42.58%, see rank	42.71%	34.63%
$500 to $699	16,073	26.11%, see rank	23.95%	21.16%
$700 or More	9,972	16.20%, see rank	14.02%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Akron Area	12.60% of the Total Income
Ohio	12.60% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Akron Area	%	Ohio	U.S.
10% or Less	23,285	37.83%, see rank	38.42%	40.19%
10% to 20%	21,906	35.59%, see rank	34.59%	31.47%
20% to 30%	7,788	12.65%, see rank	12.85%	12.24%
30% to 40%	3,586	5.83%, see rank	5.47%	5.64%
40% or More	4,497	7.31%, see rank	7.60%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Akron Area	Ohio	U.S.
Total Housing Units	312,993, 100%	5,135,173	132,741,033
1-unit, Detached	217,096, 69.36%, see rank	68.46%	61.65%
1-unit, Attached	17,544, 5.61%, see rank	4.55%	5.82%
2 Units	13,334, 4.26%, see rank	4.43%	3.75%
3 or 4 Units	12,018, 3.84%, see rank	4.45%	4.43%
5 to 9 Units	14,569, 4.65%, see rank	4.80%	4.78%
10 or More Units	31,103, 9.94%, see rank	9.35%	13.08%
Mobile Home, Boat, RV, Van, etc.	7,329, 2.34%, see rank	3.95%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Akron Area	Ohio	U.S.
Total Housing Units	312,993, 100%	5,135,173	132,741,033
1 Room	3,874, 1.24%, see rank	1.26%	1.95%
2 Rooms	3,751, 1.20%, see rank	1.48%	2.48%
3 Rooms	21,514, 6.87%, see rank	6.77%	9.13%
4 Rooms	40,922, 13.07%, see rank	13.78%	16.60%
5 Rooms	60,308, 19.27%, see rank	19.68%	20.41%
6 Rooms	64,427, 20.58%, see rank	20.19%	18.06%
7 Rooms	45,603, 14.57%, see rank	14.38%	12.27%
8 Rooms	32,899, 10.51%, see rank	10.23%	8.48%
9 Rooms or More	39,695, 12.68%, see rank	12.22%	10.60%
Median Rooms	5.90, see rank	5.80	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Akron Area	Ohio	U.S.
Total Housing Units	312,993, 100%	5,135,173	132,741,033
No Bedroom	4,204, 1.34%, see rank	1.39%	2.17%
1 Bedroom	29,868, 9.54%, see rank	9.42%	11.16%
2 Bedrooms	81,934, 26.18%, see rank	26.51%	26.69%
3 Bedrooms	131,425, 41.99%, see rank	42.46%	39.70%
4 Bedrooms	55,772, 17.82%, see rank	17.04%	16.05%
5 or More Bedrooms	9,790, 3.13%, see rank	3.18%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Akron Area	Ohio	U.S.
Total Housing Units	281,752, 100%	4,570,015	116,211,092
Utility Gas	236,890, 84.08%, see rank	66.89%	48.85%
Bottled, Tank, or LP Gas	5,040, 1.79%, see rank	5.26%	4.86%
Electricity	28,993, 10.29%, see rank	22.05%	36.68%
Fuel Oil, Kerosene, etc.	5,871, 2.08%, see rank	2.60%	5.86%
Coal or Coke	132, 0.05%, see rank	0.07%	0.12%
Wood	2,260, 0.80%, see rank	2.02%	2.12%
Solar Energy	7, 0.00%, see rank	0.02%	0.05%
Other Fuel	1,883, 0.67%, see rank	0.72%	0.47%
No Fuel Used	676, 0.24%, see rank	0.37%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Akron Area	Ohio	U.S.
Occupied Units Paying Rent	87,706, 100%	1,432,383	39,201,928
$199 or Less	1,855, 2.12%, see rank	2.68%	1.50%
$200 to $299	3,891, 4.44%, see rank	3.98%	3.18%
$300 to $499	8,287, 9.45%, see rank	11.48%	7.37%
$500 to $699	23,420, 26.70%, see rank	27.69%	16.01%
$700 to $999	32,417, 36.96%, see rank	34.69%	29.17%
$1,000 to $1,499	13,954, 15.91%, see rank	15.67%	26.88%
$1,500 to $1,999	1,918, 2.19%, see rank	2.43%	9.79%
$2,000 or More	1,964, 2.24%, see rank	1.39%	6.10%
Median	$753, see rank	$729	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Akron Area	Ohio	U.S.
Occupied Housing Units	281,752, 100%	4,570,015	116,211,092
No Vehicles Available	23,046, 8.18%, see rank	8.41%	9.12%
1 Vehicles Available	96,018, 34.08%, see rank	33.90%	33.80%
2 Vehicles Available	109,934, 39.02%, see rank	37.74%	37.48%
3 or More Vehicles Available	52,754, 18.72%, see rank	19.95%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.