At a Glance
Median Income
$93,907
$45,996 per capita
Home Value
$214,800
Zillow: $291,722
Median Rent
$1,142/mo
26.9% of income on rent
Violent Crime
45/100K
203/100K property
Bachelor's Degree+
40.1%
96.6% high school+
Unemployment
2.1%
1.8% poverty rate
Obesity Rate
30.2%
12.6% smoking rate
Avg Temperature
52°F
275 sunny days/yr
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)
Thin vertical line = U.S. national average (100%)
Is Olmsted Falls a Good Place to Live?
B+
3.8 / 5.0 — Good
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 2.1% (42% 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 $291,722. 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 45 violent crimes per 100,000 residents
, which is 88% below the national average of 380/100K.
Property crime is 203/100K. The murder rate is 11.3/100K.
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. The area gets 275 sunny days per year. Annual precipitation totals 41.0 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population8,640
Median Age45.5 yrs
Density2,118/mi²
Male / Female45% / 55%
Foreign Born13.6%
Veterans6.3%
Economy
A+
Median Income$93,907
Per Capita$45,996
Unemployment2.1%
Poverty1.8%
County GDP$10,413M
Avg Weekly Wage$1,117
Housing
A+
Home Value$214,800
Rent$1,142
Ownership84.6%
Zillow$291,722
Housing Units3,904
Rent Burden26.9%
Crime
F
Violent45/100K
Property203/100K
Murder11.3/100K
Assault23/100K
Burglary56/100K
Health
Obesity30.2%
Diabetes8.0%
Smoking12.6%
Heart Disease4.6%
Premature Death5,777/100K
Climate
Avg Temp52°F
Sunny Days275/yr
Rain41.0 in/yr
AQI43 (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.
12.4% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 136 Mbps.
There are 338 restaurants in the area.
The county recorded 11 fatal vehicle crashes.