Olmsted Falls 71 Excellent
Olmsted Falls Livability #375 ranked city in Ohio#6,110 ranked city in the USARanks better than 79% of areas

Pros and Cons of Living in Olmsted Falls

PROS
  • Cost Of Living

    Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.

  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Schools

    The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.

CONS
  • Amenities

    The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.

  • Commute

    A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.

  • Health & Safety

    The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.

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What's it like Living in Olmsted Falls?

Olmsted Falls is a small city located in the state of Ohio. The city has a population of 8,892 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (93% White). Given that fact, Olmsted Falls could be considered less diverse than other cities. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Olmsted Falls, your commute time will align closely with the national average, spanning a one-way duration of approximately 27 minutes.

Are you trying to decide if living in Olmsted Falls is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Ohio, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like amenities, crime, cost of living, health & safety, you can easily compare the best places to live in Olmsted Falls and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Olmsted Falls to Ohio and the national average.

Olmsted Falls, OH receives 70/100 for its livability score; this results in a ranking of #394 in Ohio and #6,500 in the USA. There are nine total categories that generate the livability score. Olmsted Falls ranks well for crime (A+), cost of living (A+), education (A+), employment (A+) and housing (A+) On a more negative note, Olmsted Falls does not have favorable scores for the following: amenities (F). If we take a look at the data, we can find out why.

Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 23 crimes per 100,000 residents, which signifies that Olmsted Falls boasts an impressively low violent crime rate that falls well below the national average.

When contemplating a move, job prospects often top the list of priorities. In Olmsted Falls, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.76% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.

Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In Olmsted Falls, the schools boast an impressive average test score of 84%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Olmsted Falls apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Olmsted Falls. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Olmsted Falls are affordable. Median real estate prices in Olmsted Falls come in at $162,500, which is 23.2% higher than the Ohio average. The home price to income ratio compares the median home prices to the median household income. In Olmsted Falls, the home price to income ratio is 2, which is 23.1% lower than the Ohio average.

Best Places to Live in and Around Olmsted Falls

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Compare Olmsted Falls, OH Livability

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      Olmsted Falls transportation information

      Statistic Olmsted Falls Ohio National
      Average one way commute27min23min26min
      Workers who drive to work83.5%83.4%76.4%
      Workers who carpool1.9%7.8%9.3%
      Workers who take public transit0.1%1.7%5.1%
      Workers who bicycle0.4%0.3%0.6%
      Workers who walk1.4%2.3%2.8%
      Working from home12.4%3.7%4.6%
      Source: The Olmsted Falls, OH data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).