Last updated: 2024 BLS data · Page refreshed:
Olmsted Falls has a population of 8,639 with a median age of 45.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,639 |
| Median Age | 45.6 |
| White | 88.7% |
| Black or African American | 2.6% |
| Asian | 1.3% |
| Hispanic or Latino | 5.1% |
| Other / Two or More Races | 2.3% |
The median household income in Olmsted Falls is $96,837, which is 20.1% above the national median of $80,610. The per capita income is $49,087. The poverty rate is 6.0%.
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In Olmsted Falls, 96.2% of residents age 25+ have a high school diploma or higher, and 40.1% hold a bachelor's degree or higher (15.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.2% |
| Bachelor's Degree or Higher | 40.1% |
| Graduate or Professional Degree | 15.0% |
The median home value in Olmsted Falls is $239,300, below the national median of $303,400. The median monthly rent is $1,241. The homeownership rate is 83.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $239,300 |
| Median Monthly Rent | $1,241 |
| Homeownership Rate | 83.1% |
| Vacancy Rate | 3.4% |
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