Richest Neighborhoods In Akron, OH For 2020


We used science and data to determine which neighborhoods in Akron are home to the 1%.

Editor’s Note: We updated this article for 2020. This is our fifth time ranking the richest neighborhoods to live in Akron.
Richest Neighborhoods In Akron

Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they probably aren’t made of ticky tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Akron has to offer. Where houses go for over 1.01x the national median and household incomes are 1.46x the national median.

But where exactly in Akron do the richest of the rich people live? That would be Northwest Akron where the median income is a cool $80,193.

Here’s a look at the top 10 richest neighborhoods in Akron out of 21 for 2020.

What’s the richest neighborhood to live in Akron for 2020? According to the most recent census data, Northwest Akron looks to be the richest Akron neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $515,119. And that my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky. Continue on to find where your neighborhood ranks amongst the richest in Akron. Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from richest to poorest.

For more Akron reading, check out the best neighborhoods in Akron and the worst neighborhoods in Akron. Or, for living around Akron, out the best Akron suburbs and the worst Akron suburbs.

For more Ohio reading, check out:

How We Determined The Wealthiest Neighborhoods In Akron For 2020

Every city has it’s best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we really mean you because there’s always someone richer than you.

How do you quantify richer than you? We looked at one simple criterion:

Which neighborhoods have the highest median income?

Using census and extrapolated BLS data, we ranked every neighborhood based on income levels.

We ranked every neighborhood in Akron by median income from highest to lowest. The neighborhood with the highest median income, Northwest Akron, was named the richest neighborhood in Akron.

The poorest neighborhood? That would be Downtown.

Now a look at how all the neighborhoods in Akron ranked.

For more Ohio reading, check out:

Detailed List Of The Richest Neighborhoods In Akron For 2020

Rank Neighborhood Median Household Income<
1 Northwest Akron $80,193
2 Fairlawn Heights $79,537
3 Wallhaven $59,651
4 Merriman Valley $52,394
5 Highland Square $43,705
6 Ellet $43,129
7 North Hill $41,920
8 Firestone Park $39,122
9 Goodyear Heights $39,030
10 West Akron $36,438
11 Chapel Hill $33,246
12 Kenmore $32,693
13 Elizabeth Park Valley $32,567
14 Rolling Acres $31,150
15 South Akron $28,818
16 East Akron $26,239
17 Middlebury $23,695
18 Summit Lake $21,995
19 Lane-Wooster $21,063
20 University Of Ohio Akron $18,009
21 Downtown $14,041

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.