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Akron · FY2021 municipal finance benchmarks

Washington County · Eastern Plains · statutory town · Pop. 1,725 (2025 estimate); FY2021 per-resident figures use 1,775 · Census finance data FY2016, FY2021

Latest Census Bureau finance data for Akron: FY2021. Retrieved Oct 2026. Newer years are added when the Census Bureau publishes them. Why the lag?

City website (opens in a new tab)

Compare

FY2021 in brief

Akron collected $1,870 per resident (including city-run utilities), 24% below the median of the 227 Colorado municipalities reporting that year. Tax revenue per resident sits in line with its peers, but 26% below the state median. Debt per resident runs 65% below peers.

Generated from the figures below. Every number links to its Census source.

Compared with

Nearest on population, household income and region

FY2021 headline figures

Revenue per resident (definition)

$1,870
29% below peers
Includes city-owned utilities
Peer median
$2,631
CO median · 227 with a published figure
$2,476
Position
Higher than 32% of the 227 reporting
5-year changenominal dollars
+7.0%/yr
How Colorado compares on revenue per resident

Expenditures per resident (definition)

$2,216
5% below peers
Includes city-owned utilities
Peer median
$2,334
CO median · 220 with a published figure
$2,208
Position
Higher than 50% of the 220 reporting
5-year changenominal dollars
+12.4%/yr

Tax revenue per resident (definition)

$792
in line with peers
Peer median
$829
CO median · 201 with a published figure
$1,072
Position
Higher than 31% of the 201 reporting
5-year changenominal dollars
+2.1%/yr

Debt per resident (definition)

$936
65% below peers
Peer median
$2,665
CO median · 199 with a published figure
$1,411
Position
Higher than 36% of the 199 reporting
5-year changenominal dollars
−4.1%/yr
How Colorado compares on debt per resident

How this number was calculated

Revenue per resident · $1,870
Reported by the city to the Census Bureau

  1. 1Metric

    $1,870 Total revenue divided by population

    = Total revenue ÷ population

    Full definition: Revenue per resident

  2. 2Inputs

    Total revenue $3.3M ÷ population 1,775 (2021 estimate)

  3. 3Census line items

    • A03 Commercial activities (other) charges
    • A61 Parks & recreation charges
    • A80 Sewer charges
    • A81 Solid waste charges
    • A89 General government (other) charges
    • A91 Water utility charges
    • B89 Federal aid
    • C89 State aid
    • D89 Local government aid
    • T01 Property tax
    • T09 General sales tax
    • T15 Selective sales taxes (lodging, utilities, etc.)
    • T29 Licenses & permits
    • U11 Sale of property
    • U20 Interest earnings
    • U30 Fines & forfeits
    • U40 Rents
    • U99 Miscellaneous

  4. 4Source file

What the numbers mean

  • Akron runs city-owned utilities, which add 13.3% of its revenue. Cities that don't run utilities will look lower on revenue and spending per resident for that reason alone. What counts as utility revenue
  • With about 1,775 residents, small changes in Akron's budget move per-resident figures a lot. Compare several years, not one.

Where the money comes from and where it goes

Per resident, FY2021. Bars show Akron; the gold tick is the peer median. How categories work

The biggest difference from peers is General government: $734 per resident, 2.5× the peer median. On the revenue side, utility & transit charges is 80% below peers.

Money in

Revenue

$1,870
per resident29% below peers
Money in: Akron revenue per resident by category, FY2021, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$40727% abovepeers $320
$36886% abovepeers $198
$36218% belowpeers $439
$34828% belowpeers $485
$24880% belowpeers $1,263
$7444% belowpeers $132
$627% belowpeers $67
Peer median of 5 peers · Colorado median of 227 reporting

Money out

Spending

$2,216
per resident5% below peers
Money out: Akron spending per resident by category, FY2021, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$7342.5×peers $299
$52140% belowpeers $872
$34460% abovepeers $214
$32754% abovepeers $212
$235in line withpeers $244
$3923% abovepeers $32
$17No peer comparisonpeers $0
Peer median of 5 peers · Colorado median of 220 reporting

Akron and its peers

The five Colorado municipalities nearest on population, median household income and region. Budget size isn’t a matching factor, so peers aren’t chosen on the figures being compared. Per resident, FY2021. How peers are chosen

Open in Compare
Akron compared with its peer municipalities, FY2021, per resident
MunicipalityRevenueExpendituresTax revenueSales taxDebt
AkronUtilities: City-owned utilities (water, electric, gas, transit) brought in 13.3% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$1,870$2,216$792$362$936
LimonUtilities: City-owned utilities (water, electric, gas, transit) brought in 10.1% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$3,519$3,113$1,337$1,032$3,922
Las AnimasUtilities: City-owned utilities (water, electric, gas, transit) brought in 53.3% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$3,867$3,225$844$658$1,408
HolyokeUtilities: City-owned utilities (water, electric, gas, transit) brought in 48.0% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$2,631$2,200$492$284Not reported for this year
WigginsUtilities: City-owned utilities (water, electric, gas, transit) brought in 40.0% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$2,355$1,411$829$439$5,467
JulesburgUtilities: City-owned utilities (water, electric, gas, transit) brought in 53.5% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$2,487$2,334$321Not reported for this year$419
Peer median$2,631$2,334$829$548$2,665

Utilities marks a municipality whose revenue and spending include city-owned utilities (water, electric, gas, transit), which raises its per-resident totals.

Trends

Every available fiscal year. Lines break where a year is missing or withheld; nothing is interpolated.

  • This city
  • Peer median
  • Withheld (shown on the axis, no value)
  • Colorado median (Census of Governments years only)
Revenue per resident
FY2016 $1,332 to FY2021 $1,870.$0$1.4K$2.7K’16’21Peer median FY2016: $2,711Peer median FY2021: $2,631Colorado median FY2016: $1,746 (all 224 municipalities reporting)Colorado median FY2021: $2,476 (all 227 municipalities reporting)FY2016: $1,332FY2021: $1,870

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2021. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016$1,332$2,711$1,746 (224 reporting)
FY2021$1,870$2,631$2,476 (227 reporting)
Expenditures per resident
FY2016 $1,237 to FY2021 $2,216.$0$1.4K$2.8K’16’21Peer median FY2016: $2,799Peer median FY2021: $2,334Colorado median FY2016: $1,749 (all 224 municipalities reporting)Colorado median FY2021: $2,208 (all 227 municipalities reporting)FY2016: $1,237FY2021: $2,216

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2021. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Expenditures per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016$1,237$2,799$1,749 (196 reporting)
FY2021$2,216$2,334$2,208 (220 reporting)
Tax revenue per resident
FY2016 $714 to FY2021 $792.$0$536$1.1K’16’21Peer median FY2016: $749Peer median FY2021: $829Colorado median FY2016: $705 (all 224 municipalities reporting)Colorado median FY2021: $1,072 (all 227 municipalities reporting)FY2016: $714FY2021: $792

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2021. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Tax revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016$714$749$705 (193 reporting)
FY2021$792$829$1,072 (201 reporting)
Debt per resident
FY2016 $1,153 to FY2021 $936.$0$1.3K$2.7K’16’21Peer median FY2016: $1,173Peer median FY2021: $2,665Colorado median FY2016: $1,072 (all 224 municipalities reporting)Colorado median FY2021: $1,411 (all 227 municipalities reporting)FY2016: $1,153FY2021: $936

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2021. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Debt per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016$1,153$1,173$1,072 (220 reporting)
FY2021$936$2,665$1,411 (199 reporting)

Questions about Akron’s finances

How much revenue does Akron collect per resident?
Akron collected $1,870 per resident in FY2021, 24% below the median of the 227 Colorado municipalities reporting that year. See the figure
How does Akron's spending per resident compare with similar cities?
Akron spent $2,216 per resident in FY2021, 5% below the median of its peers: Limon, Las Animas, Holyoke, Wiggins and Julesburg. See the figure
How much debt does Akron have per resident?
Akron carried $936 of debt per resident in FY2021, 65% below its peers' median. See the figure
Which cities is Akron compared with?
Akron is compared with Limon, Las Animas, Holyoke, Wiggins and Julesburg: the Colorado municipalities nearest to it on population, median household income and region. Budget size isn't used, so peers aren't chosen on the figures being compared. See the peer table
Where do these numbers come from?
From the U.S. Census Bureau's Annual Survey of State and Local Government Finances, as each government reported its own fiscal year, divided by Census population estimates. Figures that fail quality checks are withheld rather than shown. Sources and methodology

Community context

American Community Survey 5-year estimates and Census population estimates. Where the selected year isn’t available, the nearest earlier year is shown and labeled.

Population growth (5-yr)
+1.0%/yr
2021 estimate
Median household income
$41.7K
2021 estimate
Poverty rate
16.2%
2021 estimate
Median home value
$144.6K
2021 estimate
Housing vacancy rate
13.0%
2021 estimate

Explore further

Also in Eastern Plains

Revenue per resident, latest published year.

Sources

Dataset: Akron, CO municipal finance benchmarks

Free to reuse under CC BY 4.0 (opens in a new tab). Please credit “Source: Orivian Municipal Index, orivian.ai/benchmarks”. See the data use terms.

Notes: dollars are nominal (not inflation-adjusted). Colorado medians cover the municipalities reporting that year. Peers: nearest on population, income and region. Definitions: orivian.ai/benchmarks/methodology.Retrieved October 12, 2026 from orivian.ai/benchmarks.

Every figure on this page is read from the published index; nothing is recalculated for display. Read the methodology

General government is Akron’s largest difference from its peers (2.5× the peer median in FY2021). See how that line moves month to month in your own budget-vs-actual.

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