Living in Chagrin Falls, Ohio

Cost of living, income, home prices, rent and demographics of Chagrin Falls · Census data 2020–2024

Chagrin Falls has 4,201 residents with a median age of 50.7. The median household income is $99,672 (40% higher than the Ohio median), the median home value is $440,700, the median rent is $1,140/month.

Chagrin Falls at a glance

Population
4,201
Median age
50.7State: 39.7
Median household income
$99,672State: $71,389
Median home value
$440,700State: $214,800
Median rent
$1,140/moState: $1,034
Homeowners
79.1%
Bachelor's degree or higher
70.9%
Average commute
21 min

Is Chagrin Falls a good place to live?

Pros: Median household income 40% higher than the Ohio median; an average commute of 21 minutes; unemployment of 3%; a poverty rate of 3.5%.

Cons: Home values 105% higher than the state median.

The weather is best in June to September.

Cost of living in Chagrin Falls

Housing is the biggest part of the cost of living. In Chagrin Falls the median home value is $440,700, 32% higher than the U.S. median. Renters pay a median of $1,140 per month, which is 32.1% of household income. Homeowners with a mortgage pay $2,596 a month in housing costs.

Median home value

Chagrin Falls$440,700
Ohio$214,800
United States$332,700

Median monthly rent

Chagrin Falls$1,140
Ohio$1,034
United States$1,413

Chagrin Falls median household income

The median household income in Chagrin Falls is $99,672 and the income per person is $85,631. 3.5% of residents live below the poverty line (Ohio: 13.3%).

Median household income

Chagrin Falls$99,672
Ohio$71,389
United States$80,734

Housing in Chagrin Falls: homes for sale and rent

Housing units
2,109
Owner-occupied
79.1%
Renter-occupied
20.9%
Vacant
7.3%Includes seasonal homes
Median year built
1952
Average household size
2.13

Chagrin Falls demographics

Population
4,201
Median age
50.7
Under 18
20.9%
65 and older
25.7%
Households
1,954
Foreign-born
7.5%
Veterans
9.1%Adults 18+

Race and ethnicity

White89.4%
Hispanic or Latino2.5%
Black2.9%
Asian1.8%

Hispanic or Latino can be of any race. Population history of Chagrin Falls ›

Education in Chagrin Falls

70.9% of adults 25 and older in Chagrin Falls have a bachelor's degree or higher (Ohio: 31.5%), and 35.1% have a graduate or professional degree.

Bachelor's degree or higher

Chagrin Falls70.9%
Ohio31.5%
United States35.7%

Jobs and commute in Chagrin Falls

Unemployment rate
3%State: 4.8%
Average commute
21 minState: 23 min
Work from home
29%
Drive alone
63.3%
Public transit
0%
Walk to work
5.2%
Homes with broadband
95.2%

Chagrin Falls vs nearby towns

TownPopulationMedian incomeHome valueRent
Chagrin Falls4,201$99,672$440,700$1,140
Bentleyville701$226,250$748,000—
Moreland Hills3,456$185,592$621,900$1,777
South Russell3,956$171,875$432,800—
Bainbridge8,623$144,167$446,600$2,238
Hunting Valley839$187,200$1,511,400$1,650
Solon23,943$139,089$392,900$1,626
Orange3,485$170,063$442,300$3,063
Pepper Pike6,840$227,813$579,600$3,501

More for people moving to Chagrin Falls

Chagrin Falls ZIP code ›Weather and climate ›

Living in Chagrin Falls: FAQ

What is the median household income in Chagrin Falls, OH?

The median household income in Chagrin Falls is $99,672, 40% 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 Chagrin Falls?

The median home value in Chagrin Falls is $440,700, compared with $214,800 in Ohio.

How much is rent in Chagrin Falls?

The median gross rent in Chagrin Falls is $1,140 per month, about 32.1% of household income.

Is Chagrin Falls, OH a good place to live?

Pluses: median household income 40% higher than the Ohio median; an average commute of 21 minutes; unemployment of 3%; a poverty rate of 3.5%. Minuses: home values 105% higher than the state median.

What is the median age in Chagrin Falls?

The median age in Chagrin Falls is 50.7 years (Ohio: 39.7).

How long is the commute in Chagrin Falls?

The average commute to work in Chagrin Falls is 21 minutes; 29% of workers work from home.

What is the unemployment rate in Chagrin Falls?

The unemployment rate in Chagrin Falls is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Chagrin Falls?

70.9% of adults in Chagrin Falls 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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