Munroe Falls, OH
Population 5,019 · Ohio
About Munroe Falls, OH
Munroe Falls is a small town located in Ohio with a population of 5,019 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,089 per year, which is 0% below the national median of $75,149. The median age of 48.6 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 Munroe Falls features a median home value of $223,800, which is 9% below the national median of $244,900. This positions Munroe Falls in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 2,290 total housing units, 80% are owner-occupied (1,720 units) and 20% are renter-occupied (427 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Munroe Falls shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Munroe Falls have an average one-way commute time of 24 minutes.
Education & Demographics
38.1% of Munroe Falls residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.4% White, 0.0% Hispanic or Latino, 0.6% Black or African American, and 0.7% Asian residents, with 4.1% of the population being foreign-born.
Cost of Living in Munroe Falls, OH
Compared to national averages, Munroe Falls has a median household income of $75,089 (0% below the national median of $75,149). Home values average $223,800, which is 9% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Ohio, Munroe Falls's income is 5% above the state average of $71,814, and home values are 28% above the state median of $174,449.
Why Live in Munroe Falls, OH?
Munroe Falls offers affordable housing with a median home value of $223,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 3.6%. Additionally, the city features a well-educated community where 38.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.0%, better than the national average, and short commute times averaging just 24 minutes.
Potential considerations include median household income ($75,089) that falls below the national average. However, Munroe Falls’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Munroe Falls has a population of 5,019 with a median age of 48.6 years. Compare Munroe Falls with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Munroe Falls
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Summerside | 5,001 | $67,870 | $185,600 | Compare |
| St. Clairsville | 5,043 | $73,534 | $197,600 | Compare |
| Apple Valley | 5,125 | $97,005 | $262,500 | Compare |
| Lexington | 4,866 | $56,068 | $183,500 | Compare |
| Silverton | 4,857 | $49,563 | $185,300 | Compare |
| Northwood | 5,195 | $76,332 | $168,400 | Compare |
| Pleasant Run | 5,211 | $84,392 | $164,300 | Compare |
| Uhrichsville | 5,221 | $43,466 | $108,500 | 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 Munroe Falls With Other Cities
Frequently Asked Questions about Munroe Falls
What is the population of Munroe Falls, OH?
The population of Munroe Falls, OH is 5,019 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Munroe Falls?
The median household income in Munroe Falls, OH is $75,089 per year, which is 0% below the national median of $75,149.
What is the median home value in Munroe Falls?
The median home value in Munroe Falls, OH is $223,800, which is 9% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Munroe Falls?
The median monthly rent in Munroe Falls, OH is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Munroe Falls?
The unemployment rate in Munroe Falls, OH is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Munroe Falls, OH a good place to live?
Munroe Falls offers a moderate cost of living, affordable housing, and a strong job market. With a population of 5,019 and a median age of 48.6, the city appeals to established professionals and retirees.
How educated is Munroe Falls, OH?
38.1% of residents in Munroe Falls 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 Munroe Falls?
Key cost-of-living indicators for Munroe Falls, OH: median home value is $223,800 (9% below national), median rent is $0/month, and median household income is $75,089. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Munroe Falls?
The poverty rate in Munroe Falls, OH is 4.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Munroe Falls, OH?
Munroe Falls's population is 1.4% White, 0.0% Hispanic or Latino, 0.6% Black or African American, 0.7% Asian, and 2.3% two or more races. 4.1% of residents are foreign-born.