Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Retail Store Location in Akron

Marketlyzer calculates a 63/100 opportunity score for retail stores in Akron, supported by moderate competition and $46,000 average income, plus a 64/100 foot traffic index.

Akron's 2.6:1 capital-to-wage ratio sits in the sweet spot—Retail Stores can succeed with solid fundamentals

63/100 opportunity score
703,000 metro residents
$46,000 average income
25/100 launch timing score
Cautious - High Preparation
Schedule Consultation
190K
City Population
$46K
Avg Income
Moderate
Business Density
5
Key Industries
Interactive Location Finder

Find the Best Retail Store Location in Akron

Use our AI-powered map to discover the perfect street address in Akron. Select your target area and unlock competitor gaps, foot traffic data, and optimal zones.

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Retail Store Finder

Akron, United States

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Competitor map
Foot traffic data
Optimal zones
Revenue estimate

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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
Market Analysis

Retail Store Opportunity Score

Data-driven potential for success in Akron based on 7 key market factors

63 / 100

Market Opportunity

Based on 7 comprehensive market factors

Moderate Opportunity

Financial Overview

Average Startup Cost
$120,000
Industry Success Rate
32%
Expected ROI Timeline
12-24 months
Customer Draw Radius
2,000m
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We'll show you the exact neighborhoods and addresses where your retail store will thrive—with competitor gaps, foot traffic data, and revenue potential.

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Unique Market Intelligence

Akron Retail Store Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Akron

Akron's 2.6:1 capital-to-wage ratio sits in the sweet spot—Retail Stores can succeed with solid fundamentals

Akron's emerging Retail Store landscape ideal for market leaders—pedestrian flow rates 64/100

Competitive Market Position

How Akron ranks nationally for retail stores

Akron achieves 63.6/100, positioning it mid-pack among Retail Store markets nationally

Strategic Recommendations

Actionable strategies tailored for Akron

⏰ While Akron isn't booming, Low competition means you don't need explosive growth to succeed. Any 18-24 month window works—focus on picking the right micro-location within the city.

📍 Real estate advantage: Akron's $16/sqft lets you lock in prime corners that'd cost 2-3x elsewhere. The 64 traffic index means investing in storefront appeal and local marketing to compensate for lower natural flow.

💰 Value positioning imperative: Akron's $46,000 average income means price sensitivity is high. Win through smart bundling, loyalty programs, and perceived value rather than premium pricing—every 10% price increase risks 15-20% customer loss.

📢 Guerrilla + digital mix: Akron's 64 traffic and moderate incomes mean cost-effective marketing is essential. Focus on free channels: Google Business optimization (0 cost), community engagement, local partnerships, supplemented by small but targeted Facebook ads ($500-1000/month).

Launch Timing & Momentum

Align your opening window with market-ready signals

Entry Signal

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.

Timing score: 25/100
  • 🎯 Low competition - market leadership opportunity

Seasonal Levers

  • Holiday shopping
  • Back-to-school
  • Seasonal merchandise

Retail Store Market Analysis for Akron

Why Akron for Retail Stores?

  • Metro population of 703,000 provides large customer base
  • Average income of $46,000 supports retail store spending
  • Moderate business density indicates healthy economic activity
  • Strong foot traffic opportunities throughout the city
  • Strong demographics opportunities throughout the city

Retail Store Success Factors

Foot traffic
Essential
Demographics
Essential
Anchor stores
Essential
Parking
Essential
Competition
Essential
Shopping patterns
Essential

Seasonal Considerations for Akron

Holiday shopping

Back-to-school

Seasonal merchandise

Best Akron Neighborhoods for Retail Stores

Data-driven analysis of optimal areas based on retail store success factors

Downtown Akron

High Potential
Highest foot traffic in city
Premium pricing potential
Diverse customer base

Business District

Strong Weekday
Office worker demographics
Peak lunch & after-work hours
Catering opportunities

Suburban Areas

Growth Area
Family-oriented demographics
Lower competition density
Ample parking available

Akron vs Other United States Cities for Retail Stores

City Population Avg Income Market Score Action
Akron ⭐ 703,000 $46,000
63/100
Current City
Atlanta 6,307,000 $71,000
90/100
Compare →
Plano 7,760,000 $102,000
90/100
Compare →
Frisco 7,760,000 $127,000
88/100
Compare →
Fort Lauderdale 6,166,000 $73,000
87/100
Compare →
Market Signals

Retail Store Insights Unique to Akron

Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.

01

In Akron, Foot traffic becomes the tiebreaker because 64/100 foot traffic readings.

02

Akron outperforms Atlanta by -27 points on the opportunity index, highlighting why the city commands premium rents.

03

Akron achieves 64/100 on retail store viability metrics, leveraging $46,000 income levels and 64/100 foot flow.

04

Akron's 2.6:1 capital-to-wage ratio sits in the sweet spot—Retail Stores can succeed with solid fundamentals

05

Akron achieves 63.6/100, positioning it mid-pack among Retail Store markets nationally

FAQ

Retail Store FAQs for Akron

Each answer references real Akron data so this section is unique across the site.

What makes the Akron market distinctive?

Akron's 2.6:1 capital-to-wage ratio sits in the sweet spot—Retail Stores can succeed with solid fundamentals

What operational lever matters most for retail stores in Akron?

Foot traffic should lead your playbook because 64/100 foot traffic readings when launching in Akron.

How does Akron compare to other retail store markets?

Benchmarked against Atlanta, Akron delivers -27 additional opportunity points—driven by superior market conditions.

What playbook works best for retail stores in Akron?

💰 Value positioning imperative: Akron's $46,000 average income means price sensitivity is high. Win through smart bundling, loyalty programs, and perceived value rather than premium pricing—every 10% price increase risks 15-20% customer loss.

Data Sources & Methodology

Our analysis combines multiple authoritative data sources

Economic Data

  • World Bank Open Data
  • International Monetary Fund (IMF)
  • National Census Bureaus

Business Intelligence

  • Ease of Doing Business Index
  • Global Innovation Index
  • Industry Association Reports

Demographics

  • UN Population Division
  • Municipal Open Data Portals
  • Consumer Expenditure Surveys

Real Estate

  • Commercial Real Estate Listings
  • CoStar Market Analytics
  • Local Zoning Databases

Methodology Note: Our opportunity scores are calculated using a weighted algorithm that considers population density, income levels, competition saturation, commercial rent costs, and industry-specific success factors. Data is refreshed quarterly from authoritative sources. Individual results may vary based on specific business circumstances, local regulations, and market conditions not captured in aggregate data.

Ready to Open Your Retail Store in Akron?

Cautious - High Preparation with a 63/100 opportunity score, moderate competition, and a 64/100 foot traffic index. 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.