Beachwood, OH
Population 13,850 · Ohio
About Beachwood, OH
Beachwood is a mid-sized city located in Ohio with a population of 13,850 residents according to the latest US Census Bureau American Community Survey data. The median household income is $102,798 per year, which is 37% above the national median of $75,149. The median age of 49.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Beachwood features a median home value of $381,600, which is 56% above the national median of $244,900. This places Beachwood in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,941, 67% above the national average of $1,163/month. Of the 6,908 total housing units, 55% are owner-occupied (3,342 units) and 45% are renter-occupied (2,700 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Beachwood shows an unemployment rate of 5.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Beachwood have an average one-way commute time of 20 minutes.
Education & Demographics
64.5% of Beachwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.4% White, 0.5% Hispanic or Latino, 0.7% Black or African American, and 1.2% Asian residents, with 17.5% of the population being foreign-born.
Cost of Living in Beachwood, OH
Compared to national averages, Beachwood has a median household income of $102,798 (37% above the national median of $75,149). Home values average $381,600, which is 56% above the national median. Monthly rent at $1,941 is 67% above the US average of $1,163. Within Ohio, Beachwood's income is 43% above the state average of $71,814, and home values are 119% above the state median of $174,449.
Why Live in Beachwood, OH?
Beachwood offers a strong local economy with a median household income of $102,798, well above the national average, and a well-educated community where 64.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.5%, better than the national average. Additionally, the city features short commute times averaging just 20 minutes.
Potential considerations include a competitive housing market where the typical home costs $381,600. However, Beachwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Beachwood has a population of 13,850 with a median age of 49.3 years. Compare Beachwood with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Beachwood
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lyndhurst | 13,854 | $88,701 | $198,900 | Compare |
| Bridgetown | 13,830 | $78,417 | $177,900 | Compare |
| New Franklin | 13,830 | $88,306 | $196,600 | Compare |
| Maumee | 13,765 | $81,739 | $185,600 | Compare |
| Sharonville | 13,989 | $70,781 | $207,900 | Compare |
| East Cleveland | 13,666 | $22,883 | $68,900 | Compare |
| Brecksville | 13,656 | $126,888 | $360,100 | Compare |
| Bellefontaine | 14,051 | $60,296 | $163,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Beachwood With Other Cities
Frequently Asked Questions about Beachwood
What is the population of Beachwood, OH?
The population of Beachwood, OH is 13,850 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Ohio.
What is the median household income in Beachwood?
The median household income in Beachwood, OH is $102,798 per year, which is 37% above the national median of $75,149.
What is the median home value in Beachwood?
The median home value in Beachwood, OH is $381,600, which is 56% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Beachwood?
The median monthly rent in Beachwood, OH is $1,941, which is 67% above the national average of $1,163/month.
What is the unemployment rate in Beachwood?
The unemployment rate in Beachwood, OH is 5.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Beachwood, OH a good place to live?
Beachwood offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 13,850 and a median age of 49.3, the city appeals to established professionals and retirees.
How educated is Beachwood, OH?
64.5% of residents in Beachwood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Beachwood?
Key cost-of-living indicators for Beachwood, OH: median home value is $381,600 (56% above national), median rent is $1,941/month, and median household income is $102,798. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Beachwood?
The poverty rate in Beachwood, OH is 3.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Beachwood, OH?
Beachwood's population is 0.4% White, 0.5% Hispanic or Latino, 0.7% Black or African American, 1.2% Asian, and 9.9% two or more races. 17.5% of residents are foreign-born.