Chagrin Falls is a very small village located in the state of Ohio. With a population of 3,941 people and four constituent neighborhoods, Chagrin Falls is the 299th largest community in Ohio.
Chagrin Falls home prices are not only among the most expensive in Ohio, but Chagrin Falls real estate also consistently ranks among the most expensive in America.
Chagrin Falls is a decidedly white-collar village, with fully 94.95% of the workforce employed in white-collar jobs, well above the national average. Overall, Chagrin Falls is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in Chagrin Falls who work in management occupations (20.26%), sales jobs (15.31%), and business and financial occupations (11.42%).
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.
Also of interest is that Chagrin Falls has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.50% 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 people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Chagrin Falls is a great place for families with children to consider. First of all, many other families with children live here, making Chagrin Falls a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Chagrin Falls has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Chagrin Falls’s overall crime rate is lower than average for the country.
If knowledge is power, Chagrin Falls is a pretty powerful place. 66.45% 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 $80,467, which is wealthy relative to Ohio and the nation. This equates to an annual income of $321,868 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 Asian. 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 Slavic languages.