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The City of Akron offers a diverse and business-friendly climate and is strategically located in relation to other major United States markets.

  For more in-depth information about the City of Akron, please give us a call at 330.375.2133.

Quick Facts

  • One of 5 metropolitan areas in NE Ohio which is the 12th-largest market in the U.S. (~4.2 M, 50 mile/80 km radius)
  • Number 2 among mid-size cities in the U.S. for business investment
  • Ranked 14th among top U.S. cities for European expansion

Quality of life

  • Parks, theaters, resorts, fine dining, world-class entertainment, professional sports (in the heart of downtown)

Major Assets

  • More than 20 Fortune 500 companies are invested in Akron
  • HQ of second-largest U.S. energy company – FirstEnergy
  • Three nationally-recognized hospitals and a medical university
  • Top Polymer Science and Engineering College – Univ. of Akron
  • World center of tire technologies (Goodyear, Bridgestone)
  • One of the most comprehensive business infrastructures in the U.S. (clusters, supply chain)
  • Bounce Innovation Hub 

Access to markets, logistics

  • Within a 500-mile radius of 57% of the U.S. population, 55% of all U.S. manufacturing plants and 60% of the U.S. effective buying power
  • Overnight rail and truck service to major metro areas including New York, Chicago, Toronto and Washington, D.C.
  • Three Class-1 railroads and two international airports
  • Three foreign trade zones


Power of Collaboration

  • Effective working relationship between governments (City, County and State), businesses, hospitals and the universities
  • Goodyear/Bridgestone Firestone

Cost of Living

  • Akron’s cost of living is 95% of the national average.
    • New York 146.5
    • Los Angeles 132.3
    • Chicago 115.3
    • Atlanta 97.5


 Access to trained and educated labor

  • 300,000 educated and trained labor force in Akron/Summit County 
  • 29 colleges and universities
  • 26,000 degrees awarded annually
  • 180,000 degree-seeking students


Entrepreneurial network

  • Access to funding
  • State of Ohio Third Frontier program
  • Angel networks
  • Northeast Ohio has the highest concentration of health care VCs between the coasts, top 5 in the country!
  • The Akron Bioinvestments Fund

Additional Resources

Mayor's Office of Economic Development 166 S. High Street Akron, Ohio 44308 Phone:330.375.2133

Mayor's Office of Economic Development 166 S. High Street Akron, Ohio 44308 Phone:330.375.2133

Top Requests
and Concerns

Mayor Don  Plusquellic

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