Chagrin Falls is a very small village located in the state of Ohio. With a population of 4,114 people and four associated neighborhoods, Chagrin Falls is the 302nd largest community in Ohio.

Chagrin Falls real estate is some of the most expensive in Ohio, although Chagrin Falls house values don't compare to the most expensive real estate in the U.S.

Of important note, Chagrin Falls is also a village of artists. Chagrin Falls has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Chagrin Falls’s character.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 26.44% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

In addition, Chagrin Falls is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.

Chagrin Falls is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Chagrin Falls’s overall crime rate is lower than average for the country.

As is often the case in a small village, Chagrin Falls doesn't have a public transportation system that people use for their commute.

If knowledge is power, Chagrin Falls is a pretty powerful place. 67.75% of the adults in Chagrin Falls have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Chagrin Falls in 2018 was $78,360, which is wealthy relative to Ohio and the nation. This equates to an annual income of $313,440 for a family of four.

The people who call Chagrin Falls home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Chagrin Falls residents report their race to be White, followed by Black or African-American. Important ancestries of people in Chagrin Falls include German, English, Irish, Italian, and Polish.

The most common language spoken in Chagrin Falls is English. Other important languages spoken here include German/Yiddish and French.