Are you wondering where the wealthy parts of Akron are? When you think of rich areas in Ohio, attention is usually directed towards the wealthy suburbs of Cleveland, Cincinnati, and Columbus. However, Akron suburbs have their own share of hidden wealth. In this article, we’ll take a closer look at the richest suburbs of Akron.
Richest Suburbs of Akron OH
1. Montrose-Ghent, OH
Montrose-Ghent is the richest suburb of Akron with a mean income of $240,283 and a median home price of $478,500.
Montrose-Ghent is located just 17 minutes outside of Akron. It is known for its excellent schools, beautiful parks, and family-friendly community.
It has a population of 5,254, with 23.5% children under 18 and 18.7% seniors. A substantial 92.7% of homes are owner-occupied.
| Mean Income | $240,283 |
| Median Home Price | $478,500 |
2. Boston Heights, OH
Boston Heights is the second richest suburb of Akron with a mean income of $189,198 and a median home price of $575,000.
Boston Heights is a rich Akron suburb located just 18 minutes outside of Akron.
With a population of 1,402, 18.7% of residents are children under 18 years old and 19.3% are senior citizens. Approximately 89.3% of the homes in Boston Heights are owner-occupied.
| Mean Income | $189,198 |
| Median Home Price | $575,000 |
3. Hudson, OH
Hudson is an affluent Akron suburb with a mean income of $185,591 and a median home price of $496,769.
Located just 21 minutes outside of Cleveland, it is known for its beautiful homes, charming downtown area, and excellent schools.
The population at Hudson is 23,110, with 27.6% being children under 18 years old and 18.2% seniors. A significant 88.0% of homes in Hudson are owner-occupied.
| Mean Income | $185,591 |
| Median Home Price | $496,769 |
4. Silver Lake, OH
Silver Lake is a rich Akron suburb with a mean income of $162,046 and a median home price of $431,796.
Located just 13 minutes outside of Akron, Silver Lake is a rich Akron neighborhood with a population of 2,515.
19.3% of residents are children under 18 years old and 25.8% are seniors. A significant 91.6% of homes in Silver Lake are owner-occupied.
| Mean Income | $162,046 |
| Median Home Price | $431,796 |
5. Peninsula, OH
Peninsula is a wealthy Akron suburb with a mean income of $138,126 and a median home price of $414,017.
Peninsula is a rich suburb of Akron located in the heart of the Cuyahoga Valley National Park. It is known for its beautiful natural surroundings and is a popular destination for hiking, biking, and kayaking.
Located just 20 minutes from Akron, Peninsula has a population of 536, with 21.7% being children under 18 and 22.2% seniors. A high percentage, 83.3% of homes in Peninsula are owner-occupied.
| Mean Income | $138,126 |
| Median Home Price | $414,017 |
6. Twinsburg, OH
Twinsburg is one of the richest suburbs of Akron with a mean income of $116,225 and a median home price of $324,737.
Twinsburg is located 30 minutes from both Akron and Cleveland (halfway between both cities!) and can be a suburb of either city.
It is known for its excellent schools and family-friendly community.
The population of Twinsburg is 19,248, with 23.4% being children under 18 and 18.9% seniors. Around 76.9% of homes in Twinsburg are owner-occupied.
| Mean Income | $116,225 |
| Median Home Price | $324,737 |
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