Climate Risk Summary

Zip Code 44303, Risk Profile

The primary drivers of climate-related financial risk in Akron, OH (44303) are Inland Flooding, Hail, and Tornado.

Understanding the Dollars

Expected Annual Loss (EAL) is a statistical average of property damage for this entire zip code over a standard year across all properties.

  • / It represents the "average cost" rather than a guaranteed yearly bill.
  • / It can be used to compare the relative risk from different hazards and across different neighborhoods.

Primary Risks

Inland Flooding

$1,035,672

Expected Annual Loss for Zip Code 44303

44.1Score

Relatively High compared to US average

44303
Minimal Estimated LossMax Estimated Loss

Hail

$120,993

Expected Annual Loss for Zip Code 44303

86.5Score

Relatively High compared to US average

44303
Minimal Estimated LossMax Estimated Loss

Tornado

$73,603

Expected Annual Loss for Zip Code 44303

42.9Score

Relatively Low compared to US average

44303
Minimal Estimated LossMax Estimated Loss

Zip Code Risk Map

Legend
Very Low
Low
Moderate
High
Very High
Extreme

Financial Risk Inventory

MAJOR DRIVER
Inland Flooding
$1,035,672
Score: 44.1
MAJOR DRIVER
Hail
$120,993
Score: 86.5
MAJOR DRIVER
Tornado
$73,603
Score: 42.9
Strong Wind
$38,242
Score: 57.9
Heat Wave
$31,768
Score: 27.4
Cold Wave
$27,779
Score: 28.8
Lightning
$20,041
Score: 50.8
Earthquake
$13,139
Score: 24.5
Ice Storm
$11,680
Score: 58.9
Winter Weather
$7,180
Score: 61.4
Hurricane
$1,544
Score: 33.5
Wildfire
$327
Score: 32.0
Landslide
$11
Score: 40.5

Recommended Mitigation Strategies

Recommended investments to protect your property value and reduce insurance liability based on your local risk profile.

💧Medium Investment

Inland Flooding Mitigation

Install a smart sump pump with battery backup and extend downspouts 10ft from foundation.

Risk Score: 44.1
🧊Medium Investment

Hail Mitigation

Replace roof with Class 4 impact-resistant shingles to significantly lower insurance premiums.

Risk Score: 86.5
🌪️High Investment

Tornado Mitigation

Reinforce garage doors and consider a FEMA-approved safe room or storm cellar.

Risk Score: 42.9

Methodology and Sources

Spatial Aggregation

Our "Atlas" risk scores are derived using a population-weighted spatial join. Because US Zip Codes and Census Tracts do not share perfectly aligned boundaries, a simple geographic average would be misleading. We utilize US Census Block Group population statistics to identify where residents actually live within a Zip Code. We then intersect these points with FEMA National Risk Index (NRI) hazard data to calculate a weighted exposure score.

Financial Projections (EAL)

Expected Annual Loss (EAL) estimates the average economic impact of natural hazards in dollars per year. This calculation incorporates three components: Exposure (the value of structures and agriculture), Annualized Frequency (historical probability), and Historic Loss Ratio (vulnerability of the area).

Primary Data Sources

  • FEMA National Risk IndexHazard frequency and loss data (v1.20.0)
  • U.S. Census BureauTIGER/Line 2025 Shapefiles & Decennial Population

Nearby Locations

Zip Code 44310Zip Code 44304Zip Code 44302Zip Code 44313Zip Code 44320Zip Code 44307