Akron, "The Rubber City", is the birthplace of The Goodyear Tire and Rubber Company, The Goodrich Corporation (formerly) B.F. Goodrich, and The Firestone Tire and Rubber company. The rubber industry remains a major employer in Akrons economy. Goodyear maintains its headquarters in Akron, and employs over 145,000 people, world wide.
With the University of Akron being a world leader in polymer research, the city of Akron is a focal point of this development. Polymer research is a mainstay in Akrons industrial sector.
The mean annual income for a household in Akron is $31,835 as of the most recent census. The unemployment rate is roughly 5.5%, and on a decreasing trend. |