HomeOhioCuyahoga CountyOlmsted Falls
Olmsted Falls, Ohio: commercial real estate data.
Olmsted Falls is a Census city of 8,639 people across 4.08 square miles of land, in Cuyahoga County. Median household income is $96,837, 83.1 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $2.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Olmsted Falls
What Olmsted Falls is
- Census place typecity
- Land area4.08 sq mi
- Water area0 sq mi
- Population per square mile of land2,117
- County holding the largest share of its areaCuyahoga County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olmsted Falls
How many people live in Olmsted Falls
- Population8,639
- Median age45.6
- Population under 181,566 plus or minus 348
- Share under 1818.1 percent plus or minus 4.0
- Population 65 and over2,017
- Share 65 and over23.3 percent
- Households3,823
- Family households2,378
- Share of households that are families62.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olmsted Falls
Income and work in Olmsted Falls
- Median household income$96,837
- Per capita income$49,087
- Civilian labor force4,844
- Employed4,703
- Unemployed141 plus or minus 91
- Unemployment rate2.9 percent plus or minus 1.9
- Adults 25 and over6,484
- Adults 25 and over with a high school diploma or higher96.2 percent
- Adults 25 and over with a bachelor degree or higher40.1 percent
- Adults 25 and over with a graduate degree15.0 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olmsted Falls
Housing in Olmsted Falls
- Housing units3,959
- Occupied units3,823
- Vacant units136 plus or minus 116
- Vacancy rate3.4 percent plus or minus 2.9
- Owner occupied3,176
- Renter occupied647 plus or minus 153
- Ownership rate83.1 percent
- Median owner-occupied home value$239,300
- Median gross rent, monthly$1,241
- Annual rent as a share of median income15.4 percent
- Single family units3,182
- Share single family80.4 percent
- Units in buildings of two or more777 plus or minus 207
- Share in buildings of two or more19.6 percent plus or minus 5.1
- Mobile homes0
- Median year structure built1981
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olmsted Falls
How Olmsted Falls gets to work
- Workers 16 and over who commute3,805
- Commuting under 15 minutes699 plus or minus 180
- Share commuting under 15 minutes18.4 percent plus or minus 4.4
- Commuting 30 minutes or more1,418 plus or minus 309
- Share commuting 30 minutes or more37.3 percent
- Drove alone78.7 percent
- Carpooled2.8 percent plus or minus 1.3
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home18.1 percent plus or minus 8.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olmsted Falls
SBA loans in Olmsted Falls (7(a))
- Approvals14
- Gross approval$2,558,000
- Average approval$182,714
- Median approval$98,050
- Largest approval$1,161,000
- Jobs supported55
- Jobs per approval3.9
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more7.1 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS9
Counted by borrower city: approvals to borrowers whose address is in Olmsted Falls, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Olmsted Falls
Flood risk in Olmsted Falls
- NFIP communityCity of Olmsted Falls
- NFIP community number390672
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/03/10
The City of Olmsted Falls participates in the National Flood Insurance Program as community 390672 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cuyahoga County, not Olmsted Falls
Cuyahoga County context, not Olmsted Falls figures
- Establishments in Cuyahoga County31,496
- Covered employment, Cuyahoga County705,152
- Average annual pay, Cuyahoga County$75,134
- Housing units permitted, Cuyahoga County1,685
Every figure in this section is published for Cuyahoga County as a whole and is not a measurement of Olmsted Falls.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Olmsted Falls questions, answered from the record.
How many people live in Olmsted Falls, Ohio?
8,639, in 3,823 households. Olmsted Falls city covers 4.08 square miles of land, which is 2,117 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Olmsted Falls in?
Cuyahoga County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Olmsted Falls?
$96,837. The median owner-occupied home is valued at $239,300. Median gross rent is $1,241 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Olmsted Falls businesses?
14 7(a) approvals totaling $2.6 m since FY2020, across 3 lenders, median approval $98,050. These count approvals to borrowers whose address is in Olmsted Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Olmsted Falls borrowers get paid back?
No rate is published for Olmsted Falls. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Olmsted Falls in the National Flood Insurance Program?
Yes. Olmsted Falls appears in the FEMA Community Status Book as Olmsted Falls, city of, community 390672, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Olmsted Falls figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cuyahoga County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Olmsted Falls.
Is zoning published for Olmsted Falls?
No. Nothing on this page presents parcel level zoning.