Verified Market Research

Best Retail Store Location in Akron

At $16/sqft with 64 foot traffic score, Akron's moderate-density commercial zones serve 703.0K residents earning $46K on average.

Launching a retail store in Akron requires $120K capital against $46K household income (2.6x multiple).

63/100 opportunity score
703,000 metro residents
$46,000 average income
25/100 launch timing score
Cautious - High Preparation
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190K
Urban Residents
$46K
Income Level
Moderate
Commercial Load
5
Sector Count
Interactive Location Finder

Find the Best Retail Store Location in Akron

Our location intelligence platform analyzes Akron's commercial landscape. Explore the map to identify high-potential streets with demand-supply gaps.

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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

How Akron Scores for Retail Stores

Competitive dynamics unique to Akron

63 / 100

Market Opportunity

Based on 7 comprehensive market factors

Fair 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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Unique Market Intelligence

Why Akron for Retail Store?

comprehensive market assessment

Market Position

Akron positioning

Launching a retail store in Akron requires $120K capital against $46K household income (2.6x multiple).

Real estate: $16 per sqft, pedestrian index 64/100, projecting $16,000 monthly occupancy cost.

Consumer base of 0.7M at $46K average income drives a $32B economic opportunity.

Low competition meets moderate growth at 2.6x startup-to-income ratio.

Viability assessment: 2.6x capital needs, 64/100 exposure, $16/sqft overhead yields 77/100 score.

Primary sectors (Polymers, Healthcare) power the $46K household base.

At 2.5% growth and low density, market is in equilibrium phase.

$120K startup. 31 local income-months to break even.

Competitive Position

National ranking for retail stores

Score: 63.6/100. 0.7M people. $46K income.

Retail Store costs $120K to open. Income ratio: 0.38x.

Traffic: 64. Rent: $16/sqft. Income: $46K.

Moderate growth. Low competition. Score: 63.6.

0.7M metro. $16/sqft rent. 64 foot traffic.

$120K startup. $16,000/mo rent. 31 income-months to recoup.

Score 63.6. Average conditions. Execution decides success.

$32.3B total income across 0.7M people.

Strategic Recommendations

Actionable strategies tailored for Akron

Moderate growth. Low competition. Plan accordingly.

Traffic: 64. Rent: $16/sqft. $16,000/mo for 1000 sqft.

$46K income. Value positioning needed. Volume matters.

Retail Store: $120K to open. 31 income-months to recoup.

Traffic 64. Low visibility. Digital marketing essential.

0.7M metro. Focus on one location first.

$192,000/yr rent. 417.4% of local income. Factor that in.

Low competition. Moderate growth. Timing is flexible.

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
National Benchmarks

How Akron outperforms

based on 64/100 traffic metrics

At $46,000 per household, Akron exceeds typical markets ($40,492) by 14%, creating premium service demand.

Real estate at $16/sqft puts Akron 51% below market norms ($33/sqft).

A 64/100 foot traffic index places Akron 19% below the 79/100 national median, requiring destination-draw strategies.

With 0.7M metro residents, Akron falls below the 3.8M benchmark by 82%.

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

Where to Set Up in Akron

From downtown to suburban: Akron's opportunity spread

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
Details →
Plano 7,760,000 $102,000
90/100
Compare →
Frisco 7,760,000 $127,000
88/100
Check it →
Fort Lauderdale 6,166,000 $73,000
87/100
Review →
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

Launching a retail store in Akron requires $120K capital against $46K household income (2.6x multiple).

05

Score 63.6. Average conditions. Execution decides success.

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?

Launching a retail store in Akron requires $120K capital against $46K household income (2.6x multiple).

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?

$192,000/yr rent. 417.4% of local income. Factor that in.

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.