Summit County, Ohio
Income Data
At a Glance
How Summit County Compares
Detailed Income Statistics
Data Story
About Household Income in Summit County, Ohio
Summit approaches national income parity
Summit County's median household income of $71,016 trails the U.S. median of $74,755 by just $3,739—a mere 5% gap. This positions Summit among Ohio's stronger-earning counties and in the upper-middle income tier nationally.
Summit ranks solidly above Ohio average
At $71,016, Summit's median income exceeds Ohio's state average of $68,101 by $2,915. The county ranks in Ohio's top quartile for household earnings, reflecting its diverse economy anchored by healthcare, education, and manufacturing.
Competitive with region's strongest earners
Summit ($71,016) nearly matches Shelby ($72,822) and significantly outearns Stark ($65,740), Seneca ($65,020), and Trumbull ($55,088). As Akron's home, Summit benefits from institutional anchors like the University of Akron and major hospitals.
Housing affordable despite higher home values
Summit's rent-to-income ratio of 16.9% remains comfortable, even with a median home value of $195,700. The county balances higher property costs with sufficient incomes, creating solid opportunities for homeownership and equity accumulation.
Leverage higher incomes for aggressive investing
Summit's $71,016 median income supports diversified wealth strategies—maxing retirement contributions, funding education savings, and building investment portfolios. With strong institutional presence, residents should explore employer benefits and professional financial planning for optimal wealth growth.
Frequently Asked Questions
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County median: $71,016 per year
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.