Olmsted Falls Northwest median real estate price is $237,990, which is more expensive than 67.5% of the neighborhoods in Ohio and 36.2% of the neighborhoods in the U.S.
The average rental price in Olmsted Falls Northwest is currently $1,914, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.4% of the neighborhoods in Ohio.
Olmsted Falls Northwest is a suburban neighborhood (based on population density) located in Olmsted Falls, Ohio.
Olmsted Falls Northwest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Olmsted Falls Northwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Olmsted Falls Northwest, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 86.4% of all neighborhoods in the U.S. This means that the housing supply in Olmsted Falls Northwest is very tight compared to the demand for property here.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Olmsted Falls, the Olmsted Falls Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Olmsted Falls Northwest neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, according to NeighborhoodScout's exclusive analysis, Olmsted Falls Northwest is among the best neighborhoods for families in Ohio. In fact, this neighborhood is more family-friendly than 99.4% of neighborhoods in the entire state of Ohio. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Olmsted Falls Northwest neighborhood.
Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Olmsted Falls Northwest neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.3% of all American neighborhoods.
In addition, owner-occupied real estate dominates the Olmsted Falls Northwest neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.3% of neighborhoods in America.
Did you know that the Olmsted Falls Northwest neighborhood has more Hungarian and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.1% of this neighborhood's residents have Hungarian ancestry and 4.6% have Slovak ancestry.
Olmsted Falls Northwest is also pretty special linguistically. Significantly, 13.5% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Olmsted Falls Northwest neighborhood in Olmsted Falls are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.9% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Olmsted Falls Northwest neighborhood, 40.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 22.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.3%), and 15.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Olmsted Falls Northwest neighborhood is English, spoken by 96.3% of households. Some people also speak Polish (13.5%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Olmsted Falls Northwest neighborhood in Olmsted Falls, OH, residents most commonly identify their ethnicity or ancestry as German (31.4%). There are also a number of people of Irish ancestry (17.6%), and residents who report Polish roots (14.2%), and some of the residents are also of Italian ancestry (11.1%), along with some English ancestry residents (10.9%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Olmsted Falls Northwest neighborhood spend between 15 and 30 minutes commuting one-way to work (44.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (89.3%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2020 (latest available). Updated annually. Please note: Unemployment data updated November 2022.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2021 calendar year; released from FBI in Oct. 2022 (latest available). Updated annually. Where is 2022 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
School Details | Grades | Quality Rating Compared to OH* | Quality Rating Compared to Nation* |
---|---|---|---|
Olmsted Falls Intermediate Building School
27043 Bagley Rd Olmsted Falls, OH 44138 |
04-05 | ||
Falls-Lenox Primary Elementary School
26450 Bagley Rd Olmsted Falls, OH 44138 |
01-03 | ||
Olmsted Falls High School
26939 Bagley Rd Olmsted Falls, OH 44138 |
09-12 | ||
Olmsted Falls Middle School
27045 Bagley Rd Olmsted Falls, OH 44138 |
06-08 | ||
Olmsted Falls Early Childhood Center School
7105 Fitch Rd Olmsted, OH 44138 |
PK-KG | ||
* 10 is highest |
Analytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
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