WhereCanIAfford › Akron, OH › On $500,000

Is Akron, OH affordable on a $500,000 salary?

YES On $500,000/yr, the typical $241,251 home in Akron, OH needs $71,126/yr ($1,660/mo). Your gap: +$428,874 — housing would be 4% of your gross income.

The math

241,251 price − 10% down (24,125) = 217,126 loan
30-yr fixed at 6.47% on 217,126 = 1,368/mo principal+interest
+ 292/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
1,660/mo PITI ÷ 0.28 = 5,927/mo → 71,126/yr required

against Zillow ZHVI 2026-05 and the 6.47% FRED 30-yr rate (2026-06-18).

What salary WOULD clear Akron, OH?

You need about $71,126/yr for the typical home. On $500,000 you already clear it by $428,874.

On $475,000? On $525,000? On $550,000?

See the full Akron, OH affordability breakdown → or every metro you can afford on $500,000 →