What percentage of people rent in Akron, IN?
21.2% (±10.2 points) of the occupied homes in Akron, IN are rented (2020–2024 American Community Survey).
That is 66 renting households against 246 that own their home.
In Akron, the share of households that rent went from 32.5% in 2015–2019 to 21.2% in 2020–2024 (−11.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 21.2% (±10.2 points)
- Renting households
- 66 (±36)
- Median renter income
- $57,875 (±$14,295)
Who rents and who owns in Akron
| Akron | Fulton County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 21.2% (±10.2 points) | 19.9% (±3.3 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 66 (±36) | 1,604 (±274) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 246 (±75) | 6,447 (±327) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 3.0 (±1.3) | 2.3 (±0.3) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 3.1 (±0.5) | 2.6 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $57,875 (±$14,295) | $38,432 (±$5,348) | $42,811 (±$480) | $52,966 |
| Median owner household income | $59,808 (±$19,648) | $68,824 (±$6,447) | $87,459 (±$395) | $100,009 |
In Akron, the renter share is not measurably different from Fulton County (19.9%).
It is not measurably different from Indiana (29.4%).
It is lower than the national figure (34.8%).
In Fulton County, Akron ranks 6 of 12 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 649 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Akron has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 32.5% (±7.6 points) | 21.2% (±10.2 points) | −11.3 percentage points | Not a measurable change |
| Median gross rent | $685 (±$28) | $929 (±$214) | +35.6% | No measurable change after inflation |
| Median household income | $55,221 (±$11,570) | $58,636 (±$3,756) | +6.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Akron
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Akron | — | 21.2% (±10.2 points) | — |
| Henry Township (Fulton County) | 1.8 mi | 17.8% (±7.3 points) | Not measurably different |
| Franklin Township (Kosciusko County) | 5.8 mi | 13.6% (±9.6 points) | Not measurably different |
| Perry Township (Miami County) | 6.3 mi | 2.5% (±4.6 points) | Lower |
| Seward Township | 6.3 mi | 3.7% (±2.6 points) | Lower |
| Allen Township (Miami County) | 7.0 mi | 17.0% (±11.5 points) | Not measurably different |
| Silver Lake | 7.3 mi | 20.8% (±8.1 points) | Not measurably different |
| Macy | 7.8 mi | 22.6% (±19.6 points) | Not measurably different |
| Burket | 8.5 mi | 10.0% (±10.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Perry Township (Miami County), IN (2.5%), Seward Township, IN (3.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Fulton County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Rochester | 34.2% (±7.0 points) |
| 2 | Kewanna | 23.9% (±9.4 points) |
| 3 | Union Township (Fulton County) | 23.8% (±9.3 points) |
| 4 | Newcastle Township | 23.7% (±12.0 points) |
| 5 | Rochester Township | 22.8% (±4.7 points) |
| 6 | Akron | 21.2% (±10.2 points) |
| 7 | Fulton | 19.3% (±15.7 points) |
| 8 | Henry Township (Fulton County) | 17.8% (±7.3 points) |
| 9 | Liberty Township (Fulton County) | 17.3% (±8.7 points) |
| 10 | Aubbeenaubbee Township | 12.6% (±11.5 points) |
| 11 | Richland Township (Fulton County) | 6.5% (±9.1 points) |
| 12 | Wayne Township (Fulton County) | 0.0% (±13.6 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Akron
How many renters are there in Akron?
Akron has an estimated 66 (±36) renting households, 21.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Akron?
In Akron, the share of households that rent went from 32.5% in 2015–2019 to 21.2% in 2020–2024 (−11.3 percentage points), not a measurable change.
How big are renting households in Akron?
A renting household in Akron has 3.0 people on average, against 3.1 in an owned home.
How much do renters earn in Akron?
The median renting household in Akron, IN has an income of $57,875 (±$14,295) a year, against $59,808 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Akron town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Akron town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Akron town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Akron town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Akron town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Akron town, Indiana (place:00748, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Income and affordability in Akron
- Home values in Akron
- Homeowner costs in Akron
- Property taxes in Akron
- Types of homes in Akron
- Bedrooms in Akron
- Age of homes in Akron
- Heating fuel in Akron
- Commute and cars in Akron
- Indiana landlord and tenant rules
- Housing across Fulton County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana