Skip to main content

Olmsted Falls, Ohio Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Olmsted Falls, Ohio had a total population of 8,639, the 206th largest city in Ohio, with a median household income of $96,837, which is 36% higher than the state average. The poverty rate is 6.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Olmsted Falls Quick Facts

Population 8,639
Median Household Income $96,837
Median Home Value $239,300
Poverty Rate 6.0%
Unemployment Rate 2.9%
Median Age 45.6 years
Homeownership Rate 83.1%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 40.1%
High School Graduation Rate 96.2%
Diversity Index 21/100
Population 8,639 206th of 1,264
Median Income $96,837 top 20%
Poverty Rate 6.0% 52% lower than national
Median Home Value $239,300 top 20%

How Olmsted Falls Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population8,6408,639-0.0%
Median household income$93,907$96,837+3.1%
Median home value$214,800$239,300+11.4%

How Olmsted Falls Compares

Economy & Housing

Household Income Distribution

Under $25K 9.9%
$25K-$50K 16.4%
$50K-$100K 25.8%
$100K+ 47.8%
Detailed income brackets
Under $10K
2.5%
$10K-$15K
3.4%
$15K-$20K
2.2%
$20K-$25K
1.9%
$25K-$30K
2.0%
$30K-$35K
2.7%
$35K-$40K
4.0%
$40K-$45K
2.1%
$45K-$50K
5.7%
$50K-$60K
5.0%
$60K-$75K
8.2%
$75K-$100K
12.6%
$100K-$125K
15.3%
$125K-$150K
8.6%
$150K-$200K
12.8%
$200K+
11.2%

Employment

2.9% Unemployment Rate State: 4.8%|National: 5.2%
66.0% Labor Force Participation

Housing Overview

Owner 83.1%
Renter 16.9%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $1,241/mo 15.4% of median household income annually

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: 41 | National average: 61

Education

Olmsted Falls Rankings in Ohio

#206 Population of 1,264
#188 Median Income of 1,191
#190 Education of 1,264
#238 Home Value of 1,206

Other Cities in Cuyahoga County

CityPopulationMedian IncomePovertyHome Value
Cleveland 366,097 $40,801 30.6% $102,000
Parma 79,870 $69,295 10.1% $170,100
Lakewood 50,007 $68,954 10.3% $262,200
Euclid 48,823 $50,285 16.6% $126,500
Strongsville 45,983 $103,253 5.3% $298,300
Cleveland Heights 44,497 $72,826 15.9% $192,100
Westlake 34,104 $112,200 4.9% $368,200
North Olmsted 31,924 $84,363 8.3% $219,800
North Royalton 30,972 $83,670 5.8% $292,600
Garfield Heights 29,269 $54,593 22.0% $109,900

Cities Similar to Olmsted Falls

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Grandview Heights8,647$117,672$583,30081.8%6.0%
Kenwood8,326$110,212$369,50069.9%6.3%
Uniontown7,920$93,393$257,50038.1%7.8%
Fairlawn7,711$97,055$284,60061.2%4.1%
Highland Heights8,623$122,863$371,40059.6%3.4%

Population Overview

Olmsted Falls is a small city located in Ohio, within Cuyahoga County. The total population is 8,639. It ranks as the 206th most populous out of 1,264 Census-designated places in Ohio.

Age Demographics

The median age in Olmsted Falls is 45.6 years. This is 15% higher than the state median of 39.7 years.

Economy, Income & Housing

The median household income in Olmsted Falls is $96,837. This is 36% higher than the state median of $71,389. It is also 20% higher than the national median of $80,734. The poverty rate stands at 6.0%. This is 55% lower than the state poverty rate of 13.3%. The unemployment rate is 2.9%. This is 39% lower than the state rate of 4.8%. The median home value is $239,300. Housing costs are 11% higher than the state median of $214,800. With a home-value-to-income ratio of just 2.5x, Olmsted Falls is one of the most affordable housing markets in the area. 83.1% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 67.2%.

Race & Ethnicity

Olmsted Falls has a predominantly White (non-Hispanic) population, comprising 88.5% of all residents. Hispanic or Latino residents account for 5.1%. The Black or African American population (2.1%) is well below the state average of 12.0%.

Education

40.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 27% higher than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.2%. Notably, 15.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Olmsted Falls, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Ohio city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Olmsted Falls, Ohio?

Olmsted Falls, Ohio has a population of 8,639 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Olmsted Falls is $96,837, which is 20% higher than the national median of $80,734.

What is the poverty rate in Olmsted Falls, OH?

The poverty rate in Olmsted Falls is 6.0%. This means approximately 507 residents live below the federal poverty line.

What is the racial makeup of Olmsted Falls, Ohio?

Olmsted Falls's population is 88.5% White, 2.1% Black, 5.1% Hispanic/Latino, and 1.3% Asian.

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

The median home value in Olmsted Falls is $239,300. The home-value-to-income ratio is 2.5x.

How educated is Olmsted Falls, Ohio?

40.1% of adults (25+) in Olmsted Falls hold a bachelor's degree or higher, and 15.0% hold a graduate or professional degree.