B+

Beachwood, OH

Source:

Affordability Score: 75/100

Population: 34,057 · 1 ZIP codes

The affordability dashboard for Beachwood, OH aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 34,057 residents, then layers in county-level federal data to produce an overall grade of B+ (75/100). The headline inputs are median household income of $101,230, median home value of $328,800, median rent of $1,602 per month, and 62.3% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,279 per month (studio $933, 1BR $1,058, 3BR $1,646, 4BR $1,760). Department of Labor data lists infant center-based childcare at $15,340 per year, consuming 15% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Beachwood, OH include income, education, rent. Unemployment currently reads 5.3% and poverty 7.0% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$101,230
Median household income
Education A+
62.3%
Bachelor's degree or higher
Housing C
3.2x
Home value $328,800 vs income
Commute B
21 min
Average commute time
Rent A
$1,279/mo
2BR fair market rent (15% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$15,340/yr
Center-based infant care (15% of income)

Income & Employment

Median Income
$101,230
▲ 63% vs national
Per Capita Income
$68,909
Unemployment Rate
5.3%
Poverty Rate
7.0%

Housing

Median Home Value
$328,800
▲ 20% vs national
Median Rent
$1,602/mo
Owner Occupied
61.8%
2BR Fair Market Rent
$1,279/mo
▲ 7% vs national

Fair Market Rents by Bedroom

Studio
$933
1BR
$1,058
2BR
$1,279
3BR
$1,646
4BR
$1,760

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
62.3%
▲ 32 ppt vs national
High School+
74.5%
Median Age
45.5
Avg. Commute
21 min
▼ 5 min vs national

Childcare Costs

Infant (Center)
$15,340/yr
15% of income
Toddler (Center)
$13,780/yr
Preschool (Center)
$12,064/yr
School-Age (Center)
$7,800/yr

What This Means

Beachwood, OH receives an overall affordability grade of B+ (75/100), aggregated from 1 ZIP codes with a total population of 34,057. This area performs well in income and education and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Beachwood, OH affordable?
Beachwood, OH receives an overall affordability grade of B+ (75/100) based on Census, HUD, FBI, and DOL data. Median household income is $101,230. Median home value is $328,800.
What is the cost of living in Beachwood?
Key cost metrics: Median rent $1,602/mo. 2BR fair market rent $1,279/mo. Infant childcare $15,340/yr. Median home value $328,800.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →