Akron, OH — income, home value, property tax, and sales tax.
In ZIP code 44314, on Akron's southwest side, households earn a median of $47,468 a year, while per-capita income comes to $26,497. Homes here carry a median value of $88,400, and Summit County's 1.53% effective property tax rate works out to roughly $1,350 annually on a house at that price — a real line item against take-home pay near $47,000. Sales tax in the area totals 6.75%, so everyday purchases also skim a bit off each dollar. With housing costs this contained, the squeeze comes less from property taxes than from the gap between earnings and daily expenses.
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