Olmsted Falls, OH

Full City Profile · Ohio · Medina County County

4.1 /5.0
A Great
8,640 Population 2,118/sq mi density
$93,907 Median Income $45,996 per capita
$214,800 Home Value $304,886 Zillow
$1,142 Median Rent 26.9% income on rent
52°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.7 / 5.0
$93,907 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$214,800 home value, $1,142/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.2 / 5.0
40.1% bachelor's degree or higher

Olmsted Falls, OH

At a Glance

Median Income
$93,907
25% above
$45,996 per capita
Home Value
$214,800
24% below
Zillow: $304,886
Median Rent
$1,142/mo
2% below
26.9% of income on rent
Violent Crime
0/100K
100% below
313/100K property
Bachelor's Degree+
40.1%
19% above
96.6% high school+
Unemployment
3.2%
11% below
1.8% poverty rate
Obesity Rate
30.2%
6% below
12.6% smoking rate
Avg Temperature
52°F

How Olmsted Falls Compares to the U.S. Average

Each bar shows Olmsted Falls's value as a percentage of the national average (100% = U.S. avg)

Income
125%
Home Value
76%
Rent
98%
Poverty
15%
Bachelor's
119%
Unemployment
89%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is Olmsted Falls a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Olmsted Falls residents earn a median household income of $93,907 , which is 25% above the national average of $75,149. Per capita income is $45,996. The unemployment rate stands at 3.2% (11% below the U.S. rate of 3.6%). 1.8% of residents live below the poverty line. The area is home to 5,238 business establishments, including 338 restaurants.

Housing & Cost of Living

The median home value in Olmsted Falls is $214,800 , 24% below the national median of $281,900. Zillow estimates the typical home at $304,886. Median rent is $1,142/month, with 26.9% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1981.

Safety & Crime

Olmsted Falls reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 313/100K.

Education

40.1% of adults in Olmsted Falls hold a bachelor's degree or higher (19% above the national average). 96.6% have completed high school. Local schools score 6.9/10 in standardized testing.

Climate & Weather

Olmsted Falls has an average annual temperature of 52°F (11°C). Winters average 29°F in January while summers reach 75°F in July. Annual precipitation totals 41.0 inches. Air quality is rated Good with a median AQI of 44.

Data Overview

People

Population8,640
Median Age45.5 yrs
Density2,118/mi²
Male / Female45% / 55%
Foreign Born5.2%
Veterans6.3%

Economy

A+
Median Income$93,907
Per Capita$45,996
Unemployment3.2%
Poverty1.8%
County GDP$10,413M
Avg Weekly Wage$1,117

Housing

A+
Home Value$214,800
Rent$1,142
Ownership84.6%
Zillow$304,886
Housing Units3,904
Rent Burden26.9%

Crime

C+
Violent0/100K
Property313/100K

Health

Obesity30.2%
Diabetes8.0%
Smoking12.6%
Heart Disease4.6%
Premature Death5,777/100K

Climate

Avg Temp52°F
Rain41.0 in/yr
AQI44 (Good)
Elevation777 ft

Education

A
Bachelor's+40.1%
High School+96.6%
Graduate+16.3%
School Score6.9/10

Community

2024 VoteR 62% / D 37%
Commute26 min
Broadband91.4%
Internet Speed136 Mbps
EV Stations3
Libraries8

Did You Know?

The median home in Olmsted Falls was built in 1981.
18.6% work from home.
The nearest airport is Cleveland-Hopkins International (4 miles).
The Gini coefficient (income inequality) is 0.416 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
12.2% of the population has a disability.
Average internet download speed is 136 Mbps.
There are 338 restaurants in the area.
The county recorded 11 fatal vehicle crashes.