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Akron Housing, Costs

Monthly Akron housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

50,371

100.0%

 

 

 

With a mortgage

34,549

68.6%

Less than $200 monthly

45

0.1%

$200 - $299 monthly

253

0.7%

$300 - $399 monthly

1,159

3.4%

$400 - $499 monthly

2,230

6.5%

$500 - $599 monthly

3,554

10.3%

$600 - $699 monthly

4,766

13.8%

$700 - $799 monthly

4,752

13.8%

$800 - $899 monthly

4,328

12.5%

$900 - $999 monthly

3,728

10.8%

$1,000 - $1,499 monthly

7,127

20.6%

$1,500 - $1,999 monthly

1,816

5.3%

$2,000 - $2,499 monthly

394

1.1%

$2,500 - $2,999 monthly

232

0.7%

$3,000 or more monthly

165

0.5%

Median in dollars

812

 

 

 

 

Without a mortgage

15,822

31.4%

Less than $100 monthly

273

1.7%

$100 - $149 monthly

603

3.8%

$150 - $199 monthly

1,511

9.5%

$200 - $249 monthly

3,425

21.6%

$250 - $299 monthly

3,849

24.3%

$300 - $399 monthly

3,915

24.7%

$400 - $499 monthly

1,088

6.9%

$500 - $699 monthly

728

4.6%

$700 or more monthly

430

2.7%

Median in dollars

277

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

34,549

68.6%

Less than 20%

15,399

44.6%

20 - 24%

5,801

16.8%

25 - 29%

3,841

11.1%

30 - 34%

2,249

6.5%

35% or more

7,118

20.6%

Not computed

141

0.4%

Median

21.6%

 

 

 

 

Without a mortgage

15,822

31.4%

Less than 20%

12,097

76.5%

20 - 24%

1,164

7.4%

25 - 29%

593

3.7%

30 - 34%

375

2.4%

35% or more

1,353

8.6%

Not computed

240

1.5%

Median

12.1%

 





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