Akron, MI
Population 312 · Michigan
About Akron, MI
Akron is a small community in Michigan with a population of 312 residents. The median household income is $57,500 per year, which is near the national average. The median age in Akron is 46.8 years.
Housing in Akron has a median home value of $75,500 and median monthly rent of $869. Of the 162 total housing units, the majority are owner-occupied, with 115 owner-occupied and 25 renter-occupied units.
The unemployment rate in Akron is 1.2% and the poverty rate is 14.0%. 5.9% of residents hold a bachelor's degree or higher. The average commute time is 34.1 minutes.
How Akron Ranks in Michigan
Cost of Living in Akron, MI
Compared to national averages, Akron has a median household income of $57,500 (23% below the national median of $75,149). Home values average $75,500, which is 69% below the national median. Monthly rent at $869 is 25% below the US average of $1,163. Within Michigan, Akron's income is 13% below the state average of $66,017, and home values are 59% below the state median of $183,391.
Why Live in Akron, MI?
Akron offers affordable housing with a median home value of $75,500, below the US average of $244,900, and rent that’s lower than the national average at $869/month, and a strong job market with an unemployment rate of just 1.2%.
Potential considerations include median household income ($57,500) 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 312 with a median age of 46.8 years. Compare Akron with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Akron
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Beal City | 312 | $73,333 | $200,600 | Compare |
| Glen Arbor | 313 | $178,750 | $690,200 | Compare |
| Boyne Falls | 315 | $46,250 | $160,400 | Compare |
| Breedsville | 315 | $76,250 | $210,300 | Compare |
| Big Bay | 307 | $48,672 | $261,400 | Compare |
| Hersey | 317 | $60,000 | $113,500 | Compare |
| Montgomery | 318 | $54,000 | $93,100 | Compare |
| Alba | 304 | $91,458 | $48,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Akron With Other Cities
Frequently Asked Questions about Akron
What is the population of Akron, MI?
The population of Akron, MI is 312 according to the latest Census data.
What is the median household income in Akron?
The median household income in Akron, MI is $57,500 per year.
What is the median home value in Akron?
The median home value in Akron, MI is $75,500.
What is the average rent in Akron?
The median monthly rent in Akron, MI is $869.
What is the unemployment rate in Akron?
The unemployment rate in Akron, MI is 1.2%.