Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Business Location in Akron

Akron offers 703,000 metro customers, $46,000 average income, and moderate commercial activity—ideal conditions for data-led site selection.

Metro reach of 703,000 places Akron ahead of 72% of cities we track—plenty of residents to segment.

56 readiness score (C)
703,000 metro residents
$46,000 average income
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703K
Metro Population
$46K
Avg Income
Moderate
Business Density
5
Major Industries
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Akron, United States

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✓ Foot traffic data
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Competitor Locations
Opportunity Zones
High Traffic Areas
703,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations

Akron Business Environment

Market Insights

  • Metro reach of 703,000 places Akron ahead of 72% of cities we track—plenty of residents to segment.
  • Akron lands in the 55th percentile for incomes ($46,000), supporting premium positioning.
  • Akron's pedestrian index hits 64/100, roughly 19% below comparable metros.
  • Expect $16/sq ft carrying costs (51% swing vs. average) when modeling contribution margins.
  • Moderate density suggests room to plant a flag before competition heats up in Akron.
  • Low competition opens the door for rapid share capture—just budget for educating the market.
  • With Polymers, Healthcare anchoring the economy, B2B partnerships can become a reliable demand lever.
  • Located in Ohio, United States with USD currency

Top Industries

Polymers
Healthcare
Manufacturing
Education
Technology
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We'll show you exactly where to open—with competitor gaps, foot traffic patterns, and the neighborhoods where your business will thrive.

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Akron Neighborhood Analysis

Discover the best neighborhoods for your business type in Akron

Akron offers a mix of commercial settings including the central business district, neighborhood retail corridors, and emerging development areas—each with unique rent-to-traffic dynamics

In Akron, balancing rent costs with customer accessibility is critical—many thriving businesses find sweet spots in secondary corridors near major thoroughfares

Extended metro area provides 3.7x population reach beyond city limits, supporting suburban expansion strategies

Downtown/City Center

  • • Highest foot traffic density
  • • Premium rental costs
  • • Best for retail & restaurants
  • • Excellent public transport access

Business Districts

  • • High concentration of offices
  • • Ideal for B2B services
  • • Strong weekday traffic
  • • Growing food & beverage demand

Suburban Areas

  • • Lower rental costs
  • • Family-oriented demographics
  • • Ample parking availability
  • • Good for service businesses

Emerging Areas

  • • High growth potential
  • • Lower competition density
  • • Opportunity for early movers
  • • Rising property values

Akron Business Readiness Score

Data-driven viability assessment

C
56
Overall Score
8
market size
12
income level
12
business activity
12
foot traffic
12
growth outlook

Industry Synergy Opportunities in Akron

Top industries creating demand for specific business types

Healthcare

Healthcare clusters attract patients and create medical service demand

Best Business Types:

Medical Clinic Dental Office Pharmacy

Education

Students and faculty drive consistent demand for affordable services

Best Business Types:

Coffee Shop Restaurant Retail Store
Cost Analysis

Cost of Operations in Akron

Financial breakdown for a 1,500 sq ft location

Startup Investment

Basic Setup
3 months rent + basics
$122,000
Standard Buildout
6 months rent + furnishing
$244,000
Premium Finish
12 months rent + premium
$488,000

Monthly Operating

Rent (1,500 sqft) $24,000
Utilities & Services $2,400
Labor (2 employees) $3,680
Total Monthly
Break-even target
$30,080

Cost Insights

Affordable rent at $16/sqft enables competitive pricing strategies

Akron Market Entry Timing

Data-driven signals for optimal business launch timing

25 / 100
Cautious - High Preparation

Current conditions in Akron favor waiting over rushing. Spend 6-12 months building relationships, studying successful operators, and refining your concept. Enter when you can identify a clear opening that competitors haven't filled.

Entry Timing Factors

🎯 Low competition - market leadership opportunity
Market Signals

Akron Insights That Guide Expansion

Each metric is generated for this city so every page tells a different story about demand, rents, and timing.

01

Low competition provides first-mover advantage but requires educating the market. (low benchmark).

02

900 sq ft of space at $16/sq ft loads 3.8x the average salary onto COGS, keeping efficiency front and center.

03

Pedestrian flow posts 64/100 (19% below the mean), guiding how much budget you reserve for paid acquisition.

04

The metro catchment is 3.7x larger than city limits (703,000 vs 190,000), opening suburban roll-out paths once the core site is stable.

05

Akron's economy leans on Polymers, Healthcare, Manufacturing, so co-marketing with those clusters accelerates adoption.

FAQ

Frequently Asked Questions About Akron

Answers refresh based on Akron's live data so there's no duplicate copy across cities.

How far can I scale within the Akron metro?

The metro area pulls 3.7x the population of city proper, so once the flagship location performs you can replicate into surrounding districts without leaving the DMA.

How crowded is the Akron market?

Low competition in Akron means Low competition provides first-mover advantage but requires educating the market. Adjust launch playbooks to match the crowding level.

What growth trajectory is Akron on?

Akron carries a moderate growth potential rating, which shapes whether you sprint into multi-unit rollout or pace hiring.

How expensive is retail space relative to incomes in Akron?

A 900-sq-ft footprint at $16/sq ft runs roughly 3.8x the local average income ($46,000). Layer in menu engineering or ticket-size plays to offset the rent load.

Can I rely on organic foot traffic in Akron?

Yes—pedestrian flow scores 64/100, about 19% below the cross-market average, so plan signage and staffing around steady discovery.

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