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.
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.
Olmsted Falls, Ohio is a smaller city with a population of 9,124 inhabitants. According to the most recent Census, 93% of Olmsted Falls residents are White, 2% Black and 2% Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Olmsted Falls is the right fit for you, your one way commute time will average 27 minutes, which is about average when compared to the national commute time of 26 minutes.
Are you trying to ascertain if living in Olmsted Falls is the right fit for your lifestyle? To ensure a positive experience before moving 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. With useful information like amenities, commute, health & safety, education, housing and other key data points, finding the best places to live in Olmsted Falls and in the areas around Olmsted Falls is a much easier task.
Using data and statistics Olmsted Falls has received a livability score of 71 out of 100. This score is ranked in the 79th percentile when compared to all other cities. If we dig down a little deeper into each category within the livability score, we see that Olmsted Falls has higher than average grades for the following: crime (A+), cost of living (A+), education (A+), employment (A+) and housing (A+). On a more negative note, Olmsted Falls does not have favorable grades 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 0 crimes per 100,000 residents, which signifies that Olmsted Falls boasts an impressively low violent crime rate that falls well below the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Olmsted Falls, the unemployment rate stands at 1.8%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Standardized school test scores offer a valuable benchmark for assessing the quality of educational programs, instructional methods, and curriculum effectiveness. Recognizing that Olmsted Falls schools excel in test scores is a crucial consideration when determining the suitability of this area for residence. The local schools boast an impressive average test score of 84%, significantly higher than the national average. This stellar academic performance not only attests to the excellence of the educational system but also underscores the area's commitment to providing a high-quality education, making Olmsted Falls an appealing choice for those prioritizing their children's educational prospects.
Finding affordable real estate and housing in Olmsted Falls can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
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. The median home price for Olmsted Falls homes is $288,135, which is 22.7% higher than the Ohio average. If we take a closer look at the affordability of homes in Olmsted Falls, we’ll see that the home price to income ratio is 2.4, which is 22.6% lower than the Ohio average.
| Statistic | Olmsted Falls | Ohio | National |
| Average one way commute | 27min | 23min | 26min |
| Workers who drive to work | 83.5% | 83.4% | 76.4% |
| Workers who carpool | 1.9% | 7.8% | 9.3% |
| Workers who take public transit | 0.1% | 1.7% | 5.1% |
| Workers who bicycle | 0.4% | 0.3% | 0.6% |
| Workers who walk | 1.4% | 2.3% | 2.8% |
| Working from home | 12.4% | 3.7% | 4.6% |
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