Median Income
$58,958
household / year
Median Home Value
$112,500
owner-occupied
Median Rent
$795
gross / month
Cost of Living
92
national avg = 100

Is Akron, IN a Good Place to Live?

Akron is a small town of 1,062 in Indiana, with a median household income of $58,958 and a 10.9% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Akron stands out for an affordable cost of living, below-average home prices, solid school ratings (B-), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Akron is right for you depends on your priorities — the full breakdown is below.

All Akron city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 91.6

Akron's overall cost of living index is 91.6, where 100 represents the US national average. Living in Akron costs roughly 8% less than the average American city.

Metric Akron, IN National Avg
Median Home Value $112,500 $244,900
Median Monthly Rent $795 $1,163
Homeownership Rate 72.3% 65.9%
Median Household Income $58,958 $74,755

Crime & Safety

Crime data for Akron is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Akron is served primarily by Tippecanoe Valley School Corp. The student-to-teacher ratio is 14.2:1 (better than the national average of ~16:1).

Metric Akron, IN National Avg
School District Tippecanoe Valley School Corp
Elementary Schools 2
Middle Schools 1
High Schools 1
Student/Teacher Ratio 14.2:1 16:1
Bachelor's Degree or Higher 10.9% 35.4%
High School Diploma or Higher 75.8% 91.1%

Weather & Climate

Akron sees average highs of 31.9°F in January and 83.2°F in July, with 40.8 inches of annual precipitation and 30.1 inches of snow per year.

MetricAkron, IN
Average High — January31.9°F
Average High — July83.2°F
Annual Precipitation40.8"
Annual Snowfall30.1"

Demographics

MetricAkron, INNational Avg
Population1,062
Median Age34.538.9
Unemployment Rate10.9%3.7%
Avg Commute Time22.7 min26 min
White (non-Hispanic)68.1%59.3%
Black or African American0.0%13.6%
Hispanic or Latino27.8%18.9%
Asian0.0%6.3%
Under 1828.0%22.2%
65 and over13.0%16.8%

Nearby Cities

ZIP Codes in Akron

Akron, IN is covered by 1 ZIP code:

Akron vs Other Cities

Frequently Asked Questions

Akron's cost of living index is 92, where 100 is the national average. That makes Akron roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $112,500 and median rent is $795/month.
Crime data for Akron is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Akron are operated by Tippecanoe Valley School Corp. The district has 2 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 14.2:1. 10.9% of adults 25+ hold a bachelor's degree or higher.
Akron, IN has a population of 1,062, a median household income of $58,958, and an unemployment rate of 10.9%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Akron averages 31.9°F in January and 83.2°F in July. Annual rainfall is 40.8 inches with about 30.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Akron, IN is covered by 1 ZIP code: 46910.
The population of Akron, Indiana is 1,062 with a median age of 34.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Akron: cost of living index 92 (100 = US average), median home $112,500, median household income $58,958, schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Akron side by side with your current city to see the trade-offs.