Independence vs Olmsted Falls

A side-by-side comparison of Independence and Olmsted Falls: population, income, housing, and more.

Independence and Olmsted Falls are places in Ohio. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Olmsted Falls has the higher population (8,640 vs 7,543 in Independence). Independence has the higher median household income ($114,049 vs $93,907 in Olmsted Falls). Independence has the higher median home value ($305,500 vs $214,800 in Olmsted Falls).

Population, income & housing

	Independence	Olmsted Falls
Population	7,543	8,640
Median age	48.7 yrs	45.5 yrs
Median household income	$114,049	$93,907
Median home value	$305,500	$214,800
Median gross rent	$1,547	$1,142
Housing units	3,250	3,960
Homeownership rate	94.8%	84.6%
Bachelor's degree or higher	51.3%	40.1%
Unemployment rate	1.5%	3.2%

Trends (ACS 5-year, 2019–2023)

	Independence	Olmsted Falls
Population	7,169 → 7,543 (+5.2%)	8,883 → 8,640 (-2.7%)
Median household income	$106,413 → $114,049 (+7.2%)	$69,839 → $93,907 (+34.5%)
Median home value	$238,100 → $305,500 (+28.3%)	$158,600 → $214,800 (+35.4%)
Median gross rent	$1,287 → $1,547 (+20.2%)	$863 → $1,142 (+32.3%)

Independence

Population

7,1697,543

Median household income

$106,413$114,049

Median home value

$238,100$305,500

Median gross rent

$1,287$1,547

Olmsted Falls

Population

8,8838,640

Median household income

$69,839$93,907

Median home value

$158,600$214,800

Median gross rent

$863$1,142

Age & race/ethnicity

Age distribution (share)

	Independence	Olmsted Falls
Under 5	3.2%	5.5%
5 to 17	16.0%	14.2%
18 to 24	6.1%	5.2%
25 to 34	8.2%	11.3%
35 to 44	12.2%	12.2%
45 to 54	11.9%	14.6%
55 to 64	18.3%	14.1%
65 to 74	18.9%	15.4%
75 and over	5.2%	7.5%

Race & ethnicity (share)

	Independence	Olmsted Falls
White (non-Hispanic)	89.5%	88.9%
Black or African American	1.3%	2.2%
American Indian & Alaska Native	0.0%	0.0%
Asian	2.1%	1.1%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.4%
Two or more races	2.9%	1.7%
Hispanic or Latino	4.2%	5.6%

Educational attainment (age 25+)

Share of adults 25+

	Independence	Olmsted Falls
No high school diploma	0.9%	3.4%
High school graduate	22.5%	25.1%
Some college or associate's	25.4%	31.5%
Bachelor's degree	29.1%	23.1%
Graduate or professional degree	22.2%	17.0%

Commute to work

How workers get to work (share)

	Independence	Olmsted Falls
Drove alone	73.6%	77.5%
Carpooled	8.1%	2.9%
Public transit	0.0%	0.0%
Walked	0.0%	0.6%
Bicycle	0.0%	0.0%
Worked from home	17.1%	18.6%
Other means	1.1%	0.3%

Housing

Units in structure (share)

	Independence	Olmsted Falls
1-unit, detached	97.4%	65.9%
1-unit, attached	1.2%	14.6%
2 to 4 units	0.7%	2.2%
5 to 19 units	0.0%	10.1%
20 or more units	0.8%	7.1%
Mobile home & other	0.0%	0.0%

Poverty & households

	Independence	Olmsted Falls
Poverty rate	1.8%	5.9%
Average household size	2.40	2.22
Mean commute (minutes)	24	26
Median year structure built	1960	1980