Olmsted Falls, OH
Population 8,640 · Ohio
About Olmsted Falls, OH
Olmsted Falls is a small community in Ohio with a population of 8,640 residents. The median household income is $93,907 per year, which is above the national average. The median age in Olmsted Falls is 45.5 years.
Housing in Olmsted Falls has a median home value of $214,800 and median monthly rent of $1,142. Of the 3,960 total housing units, the majority are owner-occupied, with 3,242 owner-occupied and 590 renter-occupied units.
The unemployment rate in Olmsted Falls is 3.2% and the poverty rate is 5.9%. 40.1% of residents hold a bachelor's degree or higher. The average commute time is 26.1 minutes.
Cost of Living in Olmsted Falls, OH
Compared to national averages, Olmsted Falls has a median household income of $93,907 (25% above the national median of $75,149). Home values average $214,800, which is 12% below the national median. Monthly rent at $1,142 is 2% below the US average of $1,163. Within Ohio, Olmsted Falls's income is 31% above the state average of $71,814, and home values are 23% above the state median of $174,449.
Why Live in Olmsted Falls, OH?
Olmsted Falls offers a strong local economy with a median household income of $93,907, well above the national average, and affordable housing with a median home value of $214,800, below the US average of $244,900, and rent that’s lower than the national average at $1,142/month. Additionally, the city features a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 40.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.9%, better than the national average.
Olmsted Falls has a population of 8,640 with a median age of 45.5 years. Compare Olmsted Falls with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Olmsted Falls
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cheviot | 8,655 | $54,654 | $137,900 | Compare |
| Highland Heights | 8,619 | $117,820 | $342,400 | Compare |
| Bryan | 8,664 | $50,295 | $132,000 | Compare |
| Perry Heights | 8,672 | $63,288 | $152,100 | Compare |
| Shelby | 8,706 | $52,760 | $117,300 | Compare |
| Wyoming | 8,712 | $156,518 | $404,500 | Compare |
| Napoleon | 8,561 | $73,417 | $139,500 | Compare |
| Kenwood | 8,484 | $105,694 | $335,000 | 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.
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Frequently Asked Questions about Olmsted Falls
What is the population of Olmsted Falls, OH?
The population of Olmsted Falls, OH is 8,640 according to the latest Census data.
What is the median household income in Olmsted Falls?
The median household income in Olmsted Falls, OH is $93,907 per year.
What is the median home value in Olmsted Falls?
The median home value in Olmsted Falls, OH is $214,800.
What is the average rent in Olmsted Falls?
The median monthly rent in Olmsted Falls, OH is $1,142.
What is the unemployment rate in Olmsted Falls?
The unemployment rate in Olmsted Falls, OH is 3.2%.