B

Olmsted Falls, OH

Source:

Affordability Score: 72/100

Population: 22,332 · 1 ZIP codes

The affordability dashboard for Olmsted Falls, OH aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 22,332 residents, then layers in county-level federal data to produce an overall grade of B (72/100). The headline inputs are median household income of $96,603, median home value of $252,400, median rent of $1,353 per month, and 42.8% 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 16% 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 Olmsted Falls, OH include income, education, housing, rent. Unemployment currently reads 2.2% and poverty 5.9% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income B+
$96,603
Median household income
Education B+
42.8%
Bachelor's degree or higher
Housing B+
2.6x
Home value $252,400 vs income
Commute D
27 min
Average commute time
Rent A
$1,279/mo
2BR fair market rent (16% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$15,340/yr
Center-based infant care (16% of income)

Income & Employment

Median Income
$96,603
▲ 56% vs national
Per Capita Income
$47,253
Unemployment Rate
2.2%
Poverty Rate
5.9%

Housing

Median Home Value
$252,400
▼ 8% vs national
Median Rent
$1,353/mo
Owner Occupied
77.0%
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+
42.8%
▲ 13 ppt vs national
High School+
66.7%
Median Age
42.1
Avg. Commute
27 min
▲ 1 min vs national

Childcare Costs

Infant (Center)
$15,340/yr
16% of income
Toddler (Center)
$13,780/yr
Preschool (Center)
$12,064/yr
School-Age (Center)
$7,800/yr

What This Means

Olmsted Falls, OH receives an overall affordability grade of B (72/100), aggregated from 1 ZIP codes with a total population of 22,332. This area performs well in income and education and housing and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Olmsted Falls ZIP Codes
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What are common questions about this dashboard?

Is Olmsted Falls, OH affordable?
Olmsted Falls, OH receives an overall affordability grade of B (72/100) based on Census, HUD, FBI, and DOL data. Median household income is $96,603. Median home value is $252,400.
What is the cost of living in Olmsted Falls?
Key cost metrics: Median rent $1,353/mo. 2BR fair market rent $1,279/mo. Infant childcare $15,340/yr. Median home value $252,400.
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 →