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This question is about Akron, OH.
What is a good salary in Akron, OH?
A good salary in Akron, OH is anything over $35,000. That's because the median income in Akron is $35,000, which means if you earn more than that you're earning more than 50% of the people living in Akron. The average salary in Akron is $40,741.
A good hourly wage in Akron is $16.83 per hour. That works out to a good weekly wage of $673 per week and a good monthly wage of $2,916 per month. However, using the median income is only one way to calculate a good salary in Akron.
Another way to calculate a good salary in Akron is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $82,400, a good salary in Akron would be $16,480.
Lastly, we can determine a good salary in Akron by looking at the cost of living and comparing it to the US average salary. The cost of living in Akron is 14% lower than than the national average. The national average salary is $56,310, so a good salary in Akron is anything over $48,426 by this measure.
Average Annual Salary in Akron, OH
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $18,000 | $1,500 | $346 | $8.65 |
| 25th | $25,000 | $2,083 | $480 | $12.02 |
| Median | $35,000 | $2,916 | $673 | $16.83 |
| 75th | $50,000 | $4,166 | $961 | $24.04 |
| 90th | $68,000 | $5,666 | $1,307 | $32.69 |
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