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Akron town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Akron town, Indiana has a total population of 1,061, the 344th largest city in Indiana, with a median household income of $59,479, which is 15% lower than the state average. The poverty rate is 7.2%.

Key Takeaways

Akron town Quick Facts

Population 1,061
Median Household Income $59,479
Median Home Value $136,900
Poverty Rate 7.2%
Unemployment Rate 8.4%
Median Age 37.5 years
Homeownership Rate 77.0%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 12.7%
High School Graduation Rate 74.5%
Diversity Index 49/100
Population 1,061 344th of 967
Median Income $59,479 average
Poverty Rate 7.2% 42% lower national
Median Home Value $136,900 average

How Akron town Compares

Economy & Housing

Employment

8.4% Unemployment Rate State: 4.3% | National: 5.2%
66.6% Labor Force Participation

Housing Overview

Owner 77.0%
Renter 23.0%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

49out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 40 | National average: 60

Education

Akron town Rankings in Indiana

#344 Population of 967
#470 Median Income of 967
#536 Education of 967
#378 Home Value of 967

Cities Similar to Akron town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Topeka town1,037$62,857$138,9005.9%7.7%
Seelyville town1,052$52,031$139,10012.1%22.7%
Medora town993$60,625$76,4006.4%5.6%
Kirklin town994$57,250$92,90012.4%10.0%
Shirley town1,026$66,429$103,7006.7%9.0%

Population Overview

Akron town is a small community located in Indiana. The total population is 1,061. It ranks as the 344th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Akron town is 37.5 years. This is 1% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Akron town is $59,479. This is 15% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 24% lower. The poverty rate stands at 7.2%. This is 41% lower than the state poverty rate of 12.2%. The unemployment rate is 8.4%. This is 95% higher than the state rate of 4.3%. The median home value is $136,900. Housing costs are 32% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.3x, Akron town is one of the most affordable housing markets in the area. 77.0% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Akron town is White (non-Hispanic), making up 61.1% of the population. Hispanic or Latino residents account for 37.6%. The Hispanic or Latino population is significantly higher than the state average (37.6% vs 8.4%).

Education

12.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 74.5%.

Data Sources & Methodology

All demographic data for Akron town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Akron town, Indiana?

Akron town, Indiana has a population of 1,061 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Akron town, IN?

The median household income in Akron town is $59,479, which is 24% lower the national median of $78,538.

What is the poverty rate in Akron town, IN?

The poverty rate in Akron town is 7.2%. This means approximately 76 residents live below the federal poverty line.

What is the racial makeup of Akron town, Indiana?

Akron town's population is 61.1% White, 0.0% Black, 37.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Akron town, IN?

The median home value in Akron town is $136,900. The home-value-to-income ratio is 2.3x.

How educated is Akron town, Indiana?

12.7% of adults (25+) in Akron town hold a bachelor's degree or higher, and 7.0% hold a graduate or professional degree.