Jobs & Economy in Akron
Detailed jobs & economy data — sourced from authoritative datasets and normalized for direct comparison.
Jobs & Economy in Akron, Ohio
Akron's job market is characterized by a mix of traditional and evolving industries. Key sectors driving the city's economy include healthcare, manufacturing, accounting and finance, warehouse and distribution, and administrative services. Major employers in the area include healthcare systems like Akron Children's Hospital and Summa Health, as well as industrial players such as The Goodyear Tire & Rubber Co. However, the city has experienced a slight decline in its employed population, with a 0.461% decrease in 2024. The average annual salary in Akron was reported at $73,000 in May 2026.
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About Akron, Ohio
Akron, Ohio, once known as the "Rubber Capital of the World," is a city with a rich industrial history that has evolved into a diverse economic landscape. Situated approximately 38 miles south of Cleveland, Akron offers a blend of urban amenities and natural attractions, including the nearby Cuyahoga Valley National Park. The city is recognized for its affordability and a community-focused atmosphere, making it an attractive option for those seeking a lower cost of living compared to national averages. Akron has retained much of its historic charm, with a revitalized downtown area featuring upscale dining and entertainment, alongside vibrant neighborhood business districts.
About Ohio
Ohio, located in the Midwest, is characterized by a blend of urban centers and rural landscapes, offering a balance of city amenities and small-town charm. The state's economy is robust and diverse, with manufacturing being a significant sector, particularly in plastics, rubber, fabricated metals, and automobiles. Other major industries include financial activities, healthcare, education, and bioscience, with growing technology and logistics sectors. Living in Ohio is generally affordable, with the cost of living, especially housing, being lower than the national average. The climate is continental, featuring four distinct seasons with hot, humid summers and cold, snowy winters, and precipitation occurring year-round.