Olmsted Falls Ohio Real Estate
Olmsted Falls, Ohio, is located in Cuyahoga County, 9 miles SW of Lakewood, Ohio and 90 miles SE of Detroit, Michigan. Olmsted Falls has a population of 7,962.
Olmsted Falls Homes
Olmsted Falls properties pool is 3,083 residential properties including Olmsted Falls new homes. Median age of real estate in Olmsted Falls is 1974. Average Household size is 3.06 people. 0% are one bedroom homes, 19% are 2 bedroom homes, 53% are 3 bedroom homes, 26% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Olmsted Falls Mortgage Statistics
Olmsted Falls mortgages vs. USA median statistics
| Homes |
Olmsted Falls |
USA |
| Homes With No Mortgage |
17% |
30% |
| Homes With Mortgage |
83% |
70% |
| First Mortgage Only |
52% |
54% |
| First & Second Mortgage or HELOC |
31% |
16% |
Olmsted Falls Area Real Estate Tax
Olmsted Falls Real estate Tax: Median Real Estate Taxes (2000) were $2,519 comparing to 1999 Median Family income $ 66,196. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Olmsted Falls School District: Children make up 26.6% of Olmsted Falls population. Olmsted Falls has 2,115 under 18 years old residents, or 0.49 kids per one worker, or 0.69 kids per one household.
Olmsted Falls Real Estate & Olmsted Falls Homeownership
There are 770.75 or 25% one person households, 986.56 or 32% two person households, and 554.94 or 18% three person households in Olmsted Falls, Ohio. Median residents age is 37.2, Senior citizens (65+) make up 791 or 9.9%% of Olmsted Falls population.
There are 4,286 workers (over 16 years of age) in Olmsted Falls. Of these, 93% drive to work. Approximately 3.5% of workers in Olmsted Falls take public transportation. An estimated 0.3% walk to work.
Median Olmsted Falls homeowner's housing expences are 21.9%
Crime in Olmsted Falls (2003), crimes per 10,000 residents per year
| Type of Crime |
Olmsted Falls |
USA, 2003 |
| Violent Crimes |
2.51 |
47.5 |
| Robberies |
1.26 |
14.2 |
| Aggravated Assaults |
NaN |
29.5 |
| Property Crimes |
131.88 |
358.8 |
| Burglaries |
22.61 |
74.0 |
| Larceny-Thefts |
101.73 |
241.5 |
| Motor Vehicle Thefts |
7.54 |
43.3 |
Invest in Olmsted Falls Properties
When making a decision about buying real estate in Olmsted Falls Ohio area, you should consider following statistical data:
| Category |
Olmsted Falls |
USA |
| Near Medium City |
Lakewood, Ohio |
- |
| Near Large City |
Detroit, Michigan |
- |
| Olmsted Falls Zip Codes |
44138 |
- |
| Olmsted Falls Area Codes |
440 |
- |
| White population |
96.71% |
75.1% |
| African-American population |
1.31% |
12.3% |
| Asian |
0.73% |
3.6% |
| American Indian & Alaskan |
0.04% |
0.9% |
| Hispanic (of any race) |
1.51% |
12.5% |
| Median Family Income (1999) |
$ 66,196% |
$42,000 |
| Population Below Poverty Level |
2.08% |
12.4% |
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