"This section provides data and information related to summary for Akron, MI summary

Welcome to the Townfolio for Akron, MI where you will find a full community profile.
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Demographics

View the Demographics tab for information such as Us Income Distribution, Us Sex By Age and more. Data is populated from census, state and municipal sources, along with third-party projections.

Total Population

355

Median Household Income

50,625

Total Visible Minorities

N/A

Median Age

42.0

Us Income Distribution

According to OECD, the gini coefficient measures how the distribution of income among households within an economy deviates from a perfectly equal distribution of incomes. Simply, it measures the extent of income inequality in an economy. Inequality on the Gini scale is measured between 0, where everyone's equal, and 1, where all the country's income is earned by one person. Akron, MI has a gini coefficient of 0.57 out of 1, while the 2015 national gini coefficient is 0.39.

Us Sex By Age

Overall, there is no significant difference between the numbers of men and women. people. The 15 to 17 years old age cohort exhibits the largest discrepancy with a difference of 17 people between the sexes. Furthermore, majority of the population is between the ages 55 to 59 years old, comprising 9.81 per cent of the population. Meanwhile, 71.96 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 16.36 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 50 people are expected to retire in the coming years.

Labor Force

View the Labor Force tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.

Real Estate

View the Real Estate tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.

Housing Occupied

86.45%

Housing Vacant

13.55%

No. of Families

98

No. of Non-Families

68

Transportation

View the Transportation tab for information such as Car Ownership and more. Data is populated from census, state and municipal sources, along with third-party projections.

Most Used
Transportation

N/A

Busiest Time
On Roads

N/A

Residents Who
Work Locally

N/A

Vehicle Drivers

N/A

Car Ownership

Most households in Akron, MI have three vehicles for transportation. 64 people responding in Akron, MI feel that having three vehicles is sufficient. Moreover, 35.06% of households say they use two vehicles. Moreover, 22 households have four vehicles

Education

View the Education tab for information such as Us Field Of Study and more. Data is populated from census, state and municipal sources, along with third-party projections.

Dominant Level
of Education

N/A

Most Popular
Field of Study

N/A

Most Popular
Educational Destination

N/A

Least Popular
Field of Study

N/A

Us Field Of Study

Most are in Business with 9 people practicing it in Akron, MI. Science & Engineering Related Fields is another popular field of expertise, as 16.0% of inhabitants are involved in it. The third group are those who are in Education, with 3 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Pew Research Center confirms that there is still a huge need for labour in these industries. Akron, MI has 10 people or 40.0% of workers in STEM industries.

Utilities

View the Utilities tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.