Living in Beachwood, Ohio
Cost of living, income, home prices, rent and demographics of Beachwood · Census data 2020–2024
Beachwood has 13,865 residents with a median age of 48.4. The median household income is $106,748 (50% higher than the Ohio median), the median home value is $410,300, the median rent is $2,047/month.
Beachwood at a glance
- Population
- 13,865
- Median age
- 48.4State: 39.7
- Median household income
- $106,748State: $71,389
- Median home value
- $410,300State: $214,800
- Median rent
- $2,047/moState: $1,034
- Homeowners
- 53.7%
- Bachelor's degree or higher
- 65.3%
- Average commute
- 18 min
Is Beachwood a good place to live?
Pros: Median household income 50% higher than the Ohio median; an average commute of 18 minutes; a poverty rate of 3.8%.
Cons: Home values 91% higher than the state median; unemployment of 5.4%.
The weather is best in June to September.
Cost of living in Beachwood
Housing is the biggest part of the cost of living. In Beachwood the median home value is $410,300, 23% higher than the U.S. median. Renters pay a median of $2,047 per month, which is 28.8% of household income. Homeowners with a mortgage pay $2,604 a month in housing costs.
Beachwood median household income
The median household income in Beachwood is $106,748 and the income per person is $69,275. 3.8% of residents live below the poverty line (Ohio: 13.3%).
Housing in Beachwood: homes for sale and rent
- Housing units
- 6,581
- Owner-occupied
- 53.7%
- Renter-occupied
- 46.3%
- Vacant
- 9.9%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.22
Beachwood demographics
- Population
- 13,865
- Median age
- 48.4
- Under 18
- 20.9%
- 65 and older
- 28.4%
- Households
- 5,930
- Foreign-born
- 16.9%
- Veterans
- 2.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Beachwood ›
Education in Beachwood
65.3% of adults 25 and older in Beachwood have a bachelor's degree or higher (Ohio: 31.5%), and 40.9% have a graduate or professional degree.
Jobs and commute in Beachwood
- Unemployment rate
- 5.4%State: 4.8%
- Average commute
- 18 minState: 23 min
- Work from home
- 21.3%
- Drive alone
- 63.1%
- Public transit
- 0.7%
- Walk to work
- 3.7%
- Homes with broadband
- 94.3%
Beachwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Beachwood | 13,865 | $106,748 | $410,300 | $2,047 |
| Woodmere | 641 | $57,115 | $304,500 | $1,191 |
| Highland Hills | 632 | $41,615 | $121,400 | $847 |
| University Heights | 13,394 | $96,971 | $242,700 | $1,507 |
| Pepper Pike | 6,840 | $227,813 | $579,600 | $3,501 |
| Shaker Heights | 28,922 | $104,073 | $303,200 | $1,168 |
| Orange | 3,485 | $170,063 | $442,300 | $3,063 |
| Lyndhurst | 13,801 | $91,238 | $212,200 | $1,244 |
| Warrensville Heights | 13,545 | $49,669 | $121,100 | $1,044 |
More for people moving to Beachwood
Beachwood ZIP code ›Weather and climate ›Living in Beachwood: FAQ
What is the median household income in Beachwood, OH?
The median household income in Beachwood is $106,748, 50% higher than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Beachwood?
The median home value in Beachwood is $410,300, compared with $214,800 in Ohio.
How much is rent in Beachwood?
The median gross rent in Beachwood is $2,047 per month, about 28.8% of household income.
Is Beachwood, OH a good place to live?
Pluses: median household income 50% higher than the Ohio median; an average commute of 18 minutes; a poverty rate of 3.8%. Minuses: home values 91% higher than the state median; unemployment of 5.4%.
What is the median age in Beachwood?
The median age in Beachwood is 48.4 years (Ohio: 39.7).
How long is the commute in Beachwood?
The average commute to work in Beachwood is 18 minutes; 21.3% of workers work from home.
What is the unemployment rate in Beachwood?
The unemployment rate in Beachwood is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Beachwood?
65.3% of adults in Beachwood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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