Cuyahoga Falls, Ohio Income Statistics
Cuyahoga Falls Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Cuyahoga Falls Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Cuyahoga Falls | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $72,813 | $71,509 | $80,455 |
| Median Personal Income | $54,896 | $58,431 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.4% | 4.8% |
| Six-Figure Earners | 9.8% | 11.1% | 13.9% |
| $200k+ Households | 6.2% | 9.1% | 13.2% |
The median household income in Cuyahoga Falls is about 2% higher than in Ohio. Income has been growing slower in Cuyahoga Falls (4.2%/yr) than in Ohio (4.4%/yr).
About 10% of adults in Cuyahoga Falls earn six figures ($100,000 or more) a year, lower than the Ohio average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Cuyahoga Falls, Ohio grew by 55.1% from 2009 to 2024, reaching $72,813 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Cuyahoga Falls
| Metric | Cuyahoga Falls | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.485 | 0.532 | 0.552 |
| Male Median Income | $60,938 | $67,200 | $69,667 |
| Female Median Income | $54,040 | $54,076 | $56,850 |
| Gender Pay Gap | 11.3% | 19.5% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Cuyahoga Falls, it is 0.485, lower than Ohio's 0.532, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 13% more than women's income in Cuyahoga Falls, Ohio. Over a 35-year career, a 13% wage gap accumulates to roughly $241,430 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Cuyahoga Falls, Ohio has narrowed from about 28% to 11% in 2024. Over that period the gap was narrowest at 8% in 2023. In dollar terms, the gap has narrowed by $6,206 since 2009.
Employment
| Metric | Cuyahoga Falls | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 4.8% | 5.2% |
| Working from Home | 13.3% | 13.0% | 15.0% |
| Commute time (minutes) | 20 | 21 | 22 |
Approximately 946 people are unemployed in Cuyahoga Falls, Ohio.
The average commute time in Cuyahoga Falls is 20 minutes, shorter than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Cuyahoga Falls, Ohio has fallen from 7.4% to 3.1% in 2024. Over that period the rate peaked at 7.4% in 2012.
Cuyahoga Falls, OH Wealth Compared With Nearby Cities
How Cuyahoga Falls, OH compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Cuyahoga Falls, OH | 52,018 | $72,813 #2/3 | 4.2%/yr #1/3 | 3.1% #1/3 | 0.485 #1/3 |
| Akron, OH | 187,388 | $48,360 | 4.1%/yr | 7.8% | 0.522 |
| Stow, OH | 34,221 | $92,312 | 4.2%/yr | 3.9% | 0.503 |
Conclusion
Considering all these factors, Cuyahoga Falls, Ohio has an overall wealth index grade of B, making it somewhat better than Ohio, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Cuyahoga Falls, Ohio.
How Rich Is Cuyahoga Falls, Ohio?
Cuyahoga Falls has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $72,813, about 2% higher than the Ohio average of $71,509.
How has median household income changed in Cuyahoga Falls, Ohio?
Between 2009 and 2024, the median household income in Cuyahoga Falls, Ohio rose 55%, from $46,953 to $72,813. Over the same years, income here outpaced Ohio as a whole: +55% against +51%.
What was the median household income in Cuyahoga Falls in 2023?
In 2023, the median household income in Cuyahoga Falls, Ohio was $71,089, up 6% from $66,905 in 2022. The Ohio median that year was $69,792.
What was the median household income in Cuyahoga Falls in 2020?
In 2020, the median household income in Cuyahoga Falls, Ohio was $60,112. By 2024 it had risen 21% to $72,813.
Is it hard to find a job in Cuyahoga Falls, Ohio?
Unemployment in Cuyahoga Falls, Ohio is only 3.1%, well below the Ohio rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Cuyahoga Falls, Ohio?
The Gini coefficient in Cuyahoga Falls is 0.485. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Cuyahoga Falls, Ohio?
Since 2009, the income gap between men and women in Cuyahoga Falls, Ohio has narrowed from about 28% to 11% in 2024. Over that period the gap was narrowest at 8% in 2023. In dollar terms, the gap has narrowed by $6,206 since 2009.
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