Akron, AL
Population 354 · Alabama
About Akron, AL
Akron is a small community located in Alabama with a population of 354 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,375 per year, which is 42% below the national median of $75,149. The median age of 37.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Akron features a median home value of $80,000, which is 67% below the national median of $244,900. This makes Akron one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 183 total housing units, 95% are owner-occupied (94 units) and 5% are renter-occupied (5 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Akron shows an unemployment rate of 8.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Akron have an average one-way commute time of 41.8 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
7.7% of Akron residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Akron, AL
Compared to national averages, Akron has a median household income of $43,375 (42% below the national median of $75,149). Home values average $80,000, which is 67% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Alabama, Akron's income is 25% below the state average of $57,952, and home values are 50% below the state median of $159,358.
Why Live in Akron, AL?
Akron offers affordable housing with a median home value of $80,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 10.7%, better than the national average.
Potential considerations include median household income ($43,375) that falls below the national average. However, Akron’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Akron has a population of 354 with a median age of 37.1 years. Compare Akron with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Akron
Cities in Alabama with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Akron
What is the population of Akron, AL?
The population of Akron, AL is 354 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Alabama.
What is the median household income in Akron?
The median household income in Akron, AL is $43,375 per year, which is 42% below the national median of $75,149.
What is the median home value in Akron?
The median home value in Akron, AL is $80,000, which is 67% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Akron?
The median monthly rent in Akron, AL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Akron?
The unemployment rate in Akron, AL is 8.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Akron, AL a good place to live?
Akron offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 354 and a median age of 37.1, the city appeals to a broad range of residents.
How educated is Akron, AL?
7.7% of residents in Akron aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Akron?
Key cost-of-living indicators for Akron, AL: median home value is $80,000 (67% below national), median rent is $0/month, and median household income is $43,375. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Akron?
The poverty rate in Akron, AL is 10.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Akron, AL?
Akron's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 85.9% two or more races. 0.0% of residents are foreign-born.