Chagrin Falls is a very small village located in the state of Ohio. With a population of 4,118 people and four associated neighborhoods, Chagrin Falls is the 302nd largest community in Ohio. Much of the housing stock in Chagrin Falls was built prior to World War II, making it one of the older and more historic villages in the country.

Chagrin Falls home prices are not only among the most expensive in Ohio, but Chagrin Falls real estate also consistently ranks among the most expensive in America.

Also of interest is that Chagrin Falls has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 29.02% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

In addition, Chagrin Falls is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

Chagrin Falls is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Chagrin Falls’s overall crime rate is lower than average for the country.

Being a small village, Chagrin Falls does not have a public transit system used by locals to get to and from work.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Chagrin Falls. 70.88% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in Chagrin Falls in 2022 was $85,631, which is wealthy relative to Ohio and the nation. This equates to an annual income of $342,524 for a family of four.

The people who call Chagrin Falls home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Chagrin Falls residents report their race to be White, followed by Black or African-American. Important ancestries of people in Chagrin Falls include German, English, Irish, Italian, and European.

The most common language spoken in Chagrin Falls is English. Other important languages spoken here include German/Yiddish and Spanish.