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Akron village, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 1.3x is exceptionally low

As of 2026, Akron village, Michigan has a total population of 312, the 620th largest city in Michigan, with a median household income of $57,500, which is 19% lower than the state average. The poverty rate is 14.0%.

Key Takeaways

Akron village Quick Facts

Population 312
Median Household Income $57,500
Median Home Value $75,500
Poverty Rate 14.0%
Unemployment Rate 1.2%
Median Age 46.8 years
Homeownership Rate 82.1%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 5.9%
High School Graduation Rate 86.5%
Diversity Index 28/100
Population 312 620th of 745
Median Income $57,500 average
Poverty Rate 14.0% 13% higher national
Median Home Value $75,500 bottom 10%

How Akron village Compares

Economy & Housing

Employment

1.2% Unemployment Rate State: 5.8% | National: 5.2%
57.7% Labor Force Participation

Housing Overview

Owner 82.1%
Renter 17.9%
Affordability Index Very Affordable
1.3x home value to income ratio

People & Demographics

Diversity Index

28out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 44 | National average: 60

Education

Akron village Rankings in Michigan

#620 Population of 745
#400 Median Income of 745
#708 Education of 745
#688 Home Value of 745

Cities Similar to Akron village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Onekama village323N/A$182,30023.7%1.9%
Hersey village317$60,000$113,50016.6%7.9%
Gaastra city324$57,500$61,00018.4%8.2%
Montgomery village318$54,000$93,10011.1%28.5%
Gagetown village324$51,719$76,5008.9%13.0%

Population Overview

Akron village is a small community located in Michigan. The total population is 312. It ranks as the 620th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Akron village is 46.8 years. This is 17% higher than the state median of 40.1 years. Only 12.8% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Akron village is $57,500. This is 19% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 27% lower. The poverty rate stands at 14.0%. This is 7% higher than the state poverty rate of 13.1%. The unemployment rate is 1.2%. This is 80% lower than the state rate of 5.8%. The median home value is $75,500. Housing costs are 65% lower than the state median of $217,600. With a home-value-to-income ratio of just 1.3x, Akron village is one of the most affordable housing markets in the area. 82.1% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 72.9%.

Race & Ethnicity

The largest racial or ethnic group in Akron village is White (non-Hispanic), making up 83.7% of the population. Hispanic or Latino residents account for 7.4%. The Black or African American population (1.0%) is well below the state average of 13.2%. The Asian population (0.3%) is well below the state average of 3.3%.

Education

5.9% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 81% lower than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.5%.

Data Sources & Methodology

All demographic data for Akron village, Michigan 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 Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Akron village, Michigan?

Akron village, Michigan has a population of 312 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Akron village, MI?

The median household income in Akron village is $57,500, which is 27% lower the national median of $78,538.

What is the poverty rate in Akron village, MI?

The poverty rate in Akron village is 14.0%. This means approximately 43 residents live below the federal poverty line.

What is the racial makeup of Akron village, Michigan?

Akron village's population is 83.7% White, 1.0% Black, 7.4% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Akron village, MI?

The median home value in Akron village is $75,500. The home-value-to-income ratio is 1.3x.

How educated is Akron village, Michigan?

5.9% of adults (25+) in Akron village hold a bachelor's degree or higher, and 2.9% hold a graduate or professional degree.