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Home / Hourly Rates / $29 Per Hour / Ohio / Akron Paycheck
PAYCHECK & TAX BREAKDOWN

$29 an Hour is How Much a Week in Akron, OH?

An hourly pay rate of $29/hr in Akron, OH translates to $1,160 in gross weekly earnings based on full-time work of 2,080 annual hours before taxes.

Gross Annual $60,320 52 weeks @ 40 hrs
Gross Monthly $5,026.67 ~166.6 hours/month
Gross Weekly $1,160 40 hours/week
Overtime Rate (1.5x) $43.50 per hour after 40 hrs
Akron Affordability 100/100 Comfortable — Low Cost of Living
Akron Cost of Living Low Cost of Living
Avg 1BR Rent in Akron 30% Rule: $1,508/mo budget
$1,012/mo $496 under budget ✓
Akron Median Wage BLS Local Area Estimate
$19.78/hr +46.6% above local median

How Much is $29 an Hour After Taxes in Akron, OH?

Adjust hours, state, or filing status to calculate custom net take-home pay.

Weekly Hours: 40 hrs/wk
10 hrs (Part-time) 40 hrs (Full-time) 80 hrs
hrs/wk
Estimated Net Take-Home
$929.61

per week after Federal, FICA & State Taxes


Daily Net $185.92
Monthly Net $4,028.33

Estimated Tax Breakdown ($60,320 Gross)

Federal Income Tax (~8.7%) $5,254.4
FICA Tax (Social Security & Medicare 7.65%) $4,614.48
Ohio State Tax (~3.5%) $2,111.2
*Estimates based on 2026/2027 IRS tax brackets with standard deduction. ✓ IRS Publication 15-T Verified
Akron Real Purchasing Power (COL-Adjusted) ↑ 118% of National Average
$57,041 COL-Adj. Annual
$4,753 COL-Adj. Monthly
$27.42/hr Real Wage Equiv.

Your $48,339.92 net pay in Akron has the equivalent purchasing power of $57,041/yr nationally due to Akron's LCOL cost-of-living tier — $8,701.08 more than the same salary in an average U.S. city.

Full Tax & Paycheck Breakdown

For the complete gross-to-net pay matrix, tax calculation, and PTO comparison for $29.00/hr in Ohio:

Ohio Full Breakdown →

Higher-Earning Cities Near Akron

Akron is one of the most affordable cities in Ohio. Here's how nearby cities compare if you're weighing a move for career growth.

Safe Rent Budget: $1,508/mo (30% of gross)
City Avg 1BR Rent vs 30% Budget Needs Leftover Local Median Wage Housing Verdict
Akron ← You $1,012/mo $496 under +$1,002/mo $19.78/hr ✅ Comfortable
Toledo $1,078/mo $430 under +$936/mo $21.07/hr ✅ Comfortable
Cincinnati $1,155/mo $353 under +$859/mo $22.57/hr ✅ Comfortable
Cleveland $1,265/mo $243 under +$749/mo $24.72/hr ✅ Comfortable
Columbus $1,375/mo $133 under +$639/mo $26.88/hr ✅ Comfortable

*Needs Leftover = 50% of net pay ($2,014/mo) minus city average rent. Positive = comfortable; negative = rent strain.

City Report

Is $29.00/hr a Living Wage in Akron, OH?

Full monthly expense breakdown based on Akron cost-of-living data and BLS Consumer Expenditure benchmarks.

Living Wage Confirmed in Akron

$29.00/hr covers all estimated living costs in Akron with $2,006/mo surplus.

Akron (LCOL) living wage threshold: $15.50/hr — your wage is $13.50/hr above this threshold.

Estimated Monthly Expenses in Akron

Expense Category Amount Share
Avg 1BR Rent — Akron $1,012 25.1% of net
Groceries & Food $320 7.9% of net
Utilities (Electric, Water, Internet) $110 2.7% of net
Transportation (Gas, Insurance, Transit) $280 7.0% of net
Healthcare & Insurance $180 4.5% of net
Personal & Miscellaneous $120 3.0% of net
Total Monthly Expenses $2,022 $2,006 surplus
Your Monthly Net Pay $4,028.33 100%

Akron Wage Percentile

$19.78/hr Akron Median Wage
$29.00/hr Your Hourly Rate
Top 38% of Akron Earners
112% of U.S. Median Income

Savings Milestones in Akron

Monthly Savings Capacity (20% of net) $806/mo
3-Month Emergency Fund Target $12,085
Months to Build Emergency Fund 15 months
20% Down Payment on Akron Median Home $48,576
Months to Save for Down Payment 4 months
50/30/20 BUDGET ALLOCATION

50/30/20 Budget Rule for $29/hr in Akron, OH

Based on estimated monthly take-home pay of $4,028.33 after taxes.

Akron, OH Housing Budget Surplus ($496/mo Buffer)

Average 1-bedroom rent in Akron ($1,012/mo) fits comfortably within your recommended 30% safe rent ceiling ($1,508/mo), giving you $496/month extra savings capacity.

Needs (50%) Essential
$2,014.16

Deducting $1012/mo Akron rent leaves $1,002.16/mo for groceries & bills.

Wants (30%) Lifestyle
$1,208.5

Dining out, Hobbies & Subscriptions

Savings & Debt (20%) Wealth
$805.67

Emergency fund, Investments

Housing Affordability

How Much Rent Can You Afford on $29/hr in Akron, OH?

Financial experts recommend spending no more than 30% of your gross income on housing.

Recommended Max Monthly Rent
$1,508 / mo
Based on the 30% gross rule ($5,026.67 x 0.30).
Ideal Rent Range: $1,156.13 - $1,508/mo
Max Stretch Rent (Take-home 40%): Up to $1,611.33/mo
Akron Average 1BR Rent Benchmark: $1,012/month
After paying average Akron rent ($1012/mo), you have $1,002.16/mo remaining for groceries, utilities & insurance.

Detailed Analysis: Is $29.00 an Hour a Good Wage?

Earning $29 per hour in Akron, OH translates to a total pre-tax gross compensation of $1,160 per week based on full-time work of 2,080 annual hours. Compared to the local Akron median wage of $19.78/hr, your wage is above the local median by 46.6%. Positioned relative to typical U.S. benchmarks, this wage level offers a reliable income stream.

Take-Home Pay & Net Cash Flow Analysis

After payroll tax withholdings, a $29/hr compensation package leaves you with a post-tax disposable income of approximately $930 per week in Akron, OH after statutory Federal withholdings.

Housing Affordability & Safe Rent Guidance

Financial advisors generally recommend capping housing expenditures at 30% of gross earnings. For a worker earning $29 per hour in Akron, OH ($5,027/mo gross), this establishes an ideal rent ceiling of $1,508 per month. This recommended range is sufficient to cover the local average 1-bedroom rent of $1012/mo in Akron with a surplus.

50/30/20 Monthly Budget Allocation

Structuring your $4,028 net monthly income using the 50/30/20 rule yields: $2,014/mo dedicated to mandatory living costs, $1,208/mo reserved for discretionary spending, and $806/mo directed into savings. Under this structure, your leftover Needs allocation is $1002/mo after paying the average $1012/mo rent.

Akron Local Median Wage Benchmark ($19.78/hr) +47% Above Local Median
U.S. National Individual Median Income ($54,000/yr) +12% vs National Median

Frequently Asked Questions

How much is $29 an hour per week in Akron, OH?

Working a full-time 40-hour work week at $29/hr provides a gross weekly wage of $1,160 in Akron, OH before taxes.

What is the net weekly take-home pay for $29 an hour in Akron, OH?

After estimated federal, state, and local tax withholdings, a $29/hr wage results in a net take-home pay of approximately $930 per week in Akron, OH.

How many hours of work at $29/hr does it take to pay rent in Akron, OH?

Based on the local average 1-bedroom rent of $$1012 in Akron, OH, you would need to work approximately 35 hours per month to cover rent.

Salary Paycheck Period

Compare different paycheck frequencies for this exact hourly rate.

Weekly