What is the median home price in Olmsted Falls?

The median home price in Olmsted Falls, Olmsted Falls city, Ohio is $198,100, which is 30% below the national average of 281,900 ($281,900).

Is Olmsted Falls safe?

Olmsted Falls, Olmsted Falls city, Ohio has a violent crime rate of 1.4 per 1,000 residents, which is 61% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the Walk Score for Olmsted Falls?

Olmsted Falls, Olmsted Falls city, Ohio has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 26/100.

What is the median household income in Olmsted Falls?

The median household income in Olmsted Falls, Olmsted Falls city, Ohio is $92,416, which is 24% above the national average of 74,580 ($74,580).

What is the average rent in Olmsted Falls?

The median rent in Olmsted Falls, Olmsted Falls city, Ohio is $1,139 per month. The national average median rent is $1,163/month.

What is the air quality in Olmsted Falls?

Olmsted Falls, Olmsted Falls city, Ohio has an Air Quality Index (AQI) of 43, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Olmsted Falls?

The population of Olmsted Falls, Olmsted Falls city, Ohio is approximately 8,670. The homeownership rate is 84.9% (national average: 65.9%).

What are the climate risks in Olmsted Falls?

Olmsted Falls, Olmsted Falls city, Ohio has an overall climate risk rating of "Very Low" with a risk score of 7.70. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

What is the unemployment rate in Olmsted Falls?

The unemployment rate in Olmsted Falls, Olmsted Falls city, Ohio is 3.1%. The national average unemployment rate is 3.7%. The poverty rate is 5.4% (national average: 12.4%).

Olmsted Falls

Olmsted Falls city, Ohio

Affordable

About Olmsted Falls

Olmsted Falls offers a refreshing alternative to the frantic pace of larger metropolitan areas, providing a blend of small-town charm and accessible amenities. Picture this: a community of around 8,670 residents where the median home value hovers around $198,100 – a significant value proposition compared to the national median. This affordability, coupled with a median household income of $92,416, significantly exceeding the national average, allows residents to enjoy a comfortable lifestyle without the financial strain often associated with urban living. Olmsted Falls is known for its friendly atmosphere and strong sense of community, making it an ideal place for families and individuals seeking a balanced quality of life.

From an investment perspective, Olmsted Falls presents a compelling opportunity. The housing market is stable, with properties offering excellent value for money. While specific unemployment figures aren't available, the strong median household income suggests a healthy local economy. The area is known for its safety, adding to its appeal for families. Olmsted Falls is best suited for those seeking a close-knit community, affordability, and a slower pace of life, while still maintaining easy access to the broader opportunities of the Cleveland metropolitan area.

Olmsted Falls, Ohio at a Glance

Olmsted Falls is a city in Olmsted Falls city, Ohio with a population of approximately 8,670. The median home value is $198,100 and the median household income is $92,416. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average. Air quality is rated Good. The overall climate risk is rated as "Very Low." Median rent is $1,139 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.