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Olmsted Falls city, Ohio Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Olmsted Falls city, Ohio has a total population of 8,640, the 207th largest city in Ohio, with a median household income of $93,907, which is 35% higher than the state average. The poverty rate is 5.9%.

Key Takeaways

Olmsted Falls city Quick Facts

Population 8,640
Median Household Income $93,907
Median Home Value $214,800
Poverty Rate 5.9%
Unemployment Rate 3.2%
Median Age 45.5 years
Homeownership Rate 84.6%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 40.1%
High School Graduation Rate 96.6%
Diversity Index 21/100
Population 8,640 207th of 1,264
Median Income $93,907 top 20%
Poverty Rate 5.9% 52% lower national
Median Home Value $214,800 top 30%

How Olmsted Falls city Compares

Economy & Housing

Employment

3.2% Unemployment Rate State: 4.9% | National: 5.2%
65.3% Labor Force Participation

Housing Overview

Owner 84.6%
Renter 15.4%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 39 | National average: 60

Education

Olmsted Falls city Rankings in Ohio

#207 Population of 1,264
#197 Median Income of 1,264
#175 Education of 1,264
#271 Home Value of 1,264

Other Cities in Cuyahoga County

CityPopulationMedian IncomePovertyHome Value
Cleveland city 367,523 $39,187 30.8% $94,100
Parma city 80,131 $67,425 9.8% $157,600
Lakewood city 50,229 $65,925 10.8% $241,500
Euclid city 48,991 $48,696 17.4% $114,700
Strongsville city 46,022 $102,574 5.1% $279,600
Cleveland Heights city 44,694 $72,302 14.7% $176,700
Westlake city 34,036 $110,101 5.1% $336,100
North Olmsted city 32,031 $85,435 10.1% $202,400
North Royalton city 31,013 $81,810 5.2% $276,300
Garfield Heights city 29,369 $52,006 21.4% $100,000

Cities Similar to Olmsted Falls city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Kenwood CDP8,484$105,694$335,00067.5%6.1%
Highland Heights city8,619$117,820$342,40057.0%1.9%
Fairlawn city7,689$93,154$267,00053.1%7.4%
Grandview Heights city8,422$113,862$548,10079.3%6.1%
Landen CDP8,041$105,948$284,40059.7%4.5%

Population Overview

Olmsted Falls city is a small city located in Ohio, within Cuyahoga County. The total population is 8,640. It ranks as the 207th most populous out of 1,264 cities and towns in Ohio.

Age Demographics

The median age in Olmsted Falls city is 45.5 years. This is 15% higher than the state median of 39.6 years.

Economy, Income & Housing

The median household income in Olmsted Falls city is $93,907. This is 35% higher than the state median of $69,680. Compared to the national median of $78,538, household income here is 20% higher. The poverty rate stands at 5.9%. This is 55% lower than the state poverty rate of 13.2%. The unemployment rate is 3.2%. This is 35% lower than the state rate of 4.9%. The median home value is $214,800. Housing costs are 8% higher than the state median of $199,200. With a home-value-to-income ratio of just 2.3x, Olmsted Falls city is one of the most affordable housing markets in the area. 84.6% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 67.0%.

Race & Ethnicity

Olmsted Falls city has a predominantly White (non-Hispanic) population, comprising 88.9% of all residents. Hispanic or Latino residents account for 5.6%. The Black or African American population (2.2%) is well below the state average of 12.1%. The Asian population (1.1%) is well below the state average of 2.4%.

Education

40.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% higher than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.6%. Notably, 17.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Olmsted Falls city, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Olmsted Falls city, Ohio?

Olmsted Falls city, Ohio has a population of 8,640 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Olmsted Falls city, OH?

The median household income in Olmsted Falls city is $93,907, which is 20% higher the national median of $78,538.

What is the poverty rate in Olmsted Falls city, OH?

The poverty rate in Olmsted Falls city is 5.9%. This means approximately 505 residents live below the federal poverty line.

What is the racial makeup of Olmsted Falls city, Ohio?

Olmsted Falls city's population is 88.9% White, 2.2% Black, 5.6% Hispanic/Latino, and 1.1% Asian.

What is the median home value in Olmsted Falls city, OH?

The median home value in Olmsted Falls city is $214,800. The home-value-to-income ratio is 2.3x.

How educated is Olmsted Falls city, Ohio?

40.1% of adults (25+) in Olmsted Falls city hold a bachelor's degree or higher, and 17.0% hold a graduate or professional degree.