What is the Best Neighborhoods USA ranking for South Akron?
South Akron is ranked #18 of 21 eligible neighborhoods in Akron; #398 of 481 eligible neighborhoods in OH; and #13,144 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
South Akron
Akron, OH | Summit County
Scored premium profile
Best Neighborhoods USA Index
31.8
Stability and Strength
22.9
Value Opportunity
50.4
Momentum
20.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Akron, OH |
| County | Summit County |
| National rank | #13,144 of 14,967 |
| State rank | #398 of 481 |
| City rank | #18 of 21 |
| County rank | #18 of 21 |
| National percentile | 12.2 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $83,904 |
| Year-over-year home value change | -1.6% |
| Month-over-month home value change | -1.06% |
| Home value to income ratio | 1.84 |
| Median household income | $45,724 |
| Bachelor's degree or higher | 12.0% |
| Civilian unemployment rate | 6.8% |
| Homeownership rate | 41.6% |
| Housing vacancy rate | 16.7% |
| Rent burden 30% or higher | 51.1% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in South Akron
Is South Akron one of the best neighborhoods in Akron?
South Akron has a Best Neighborhoods USA Index of 31.8 and a city ranking of #18 of 21 eligible neighborhoods in Akron.
How much are homes worth in South Akron?
The current Zillow Home Value Index for South Akron is approximately $83,904.
Are home values rising or falling in South Akron?
Zillow neighborhood values changed -1.6% year over year and -1.06% month over month.
What is the Neighborhood Momentum Score for South Akron?
South Akron has a Neighborhood Momentum Score of 20.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in South Akron?
The NDS-derived neighborhood median household income is approximately $45,724.
How affordable is South Akron relative to household income?
The current Zillow home-value-to-household-income ratio is 1.84. Price-to-income affordability is a major Value Opportunity input.
Is South Akron primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 41.6%.
What is the unemployment rate in South Akron?
The NDS-derived civilian unemployment rate is approximately 6.8%.
How educated are residents of South Akron?
Approximately 12.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in South Akron face high rent burden?
Approximately 51.1% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score South Akron?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications171
Estimated originations96
Home-purchase applications80
Origination rate56.0%
Home-purchase share46.7%
Average application loan$131,830
Total application loan amount$22,529,443
National application rank#2,543 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 4.4% YoY; originations 5.6% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.