Quick facts: Cuyahoga falls, OH

Quick Facts

96.4
Cost of Living
below US average
50,655
Population
19.56
Crime Rate per 1000
below US average
$67,922
Median Income
below US average
$235,000
Median House Price
above US average
$1673.33
Average Rent
above US average
7%
Poverty Rate
below US average
4.8%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $67,922.

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Income Needed to Buy

βœ— Stretch
$74k/year
Based on $235,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $74k vs median $67,922
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Income Needed to Rent

⚠ Stretch
$72k/year
Based on $1673.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $72k vs median $67,922
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Cuyahoga falls, OH

Cuyahoga Falls is a vibrant city located in Summit County, Ohio, just north of Akron and approximately 40 miles south of Cleveland. Known for its beautiful natural landscapes, the city is named after the stunning Cuyahoga River Falls that provide a picturesque backdrop. Cuyahoga Falls boasts a variety of parks, including the Cuyahoga Valley National Park nearby, offering residents and visitors ample opportunities for outdoor recreation, such as hiking, biking, and picnicking. The city has a rich history dating back to the 19th century and is characterized by a blend of historic charm and modern amenities. Cuyahoga Falls features a lively downtown area with restaurants, shops, and cultural attractions, including the historic Cuyahoga Falls Riverfront and the Fine Arts Association. The community is known for its family-friendly atmosphere, excellent schools, and a range of events throughout the year, from festivals to farmers' markets. With its strong sense of community and growth potential, Cuyahoga Falls attracts families and individuals looking for a suburban lifestyle while being close to the urban conveniences of nearby cities.

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