Fairlawn Ohio City Guide

At 0.1%, Fairlawn has experienced a slower population growth between 2000 and 2020 than the state’s average of 1.83%. The city’s population tracks around 7,500.

Fairlawn’s population density is much higher than Ohio’s average. For reference, Fairlawn’s reported population density is 1,656.03 per square mile. This dwarfs Ohio’s 257.90 square mile average.

About 45% of Fairlawn residents are male, and 55% are female. The city’s median age is about 44 years. About 17% of the population is under the age of 18. Around 28% of residents range between 20 and 44 years of age, which means roughly 55% of residents are 45 and over.

An estimated 80.8% of Fairlawn residents are White, and 8.3% are Black or African American. An additional 5.2% of residents in the city are biracial or multiracial, and another 5.2% of residents are of Asian descent.

English is the most common language spoken in Fairlawn, seeing as 91.2% of residents are native English speakers. 1.3% of residents are Spanish speakers, and 3.7% of residents speak other Indo-European languages.

An estimated 7.5% of Fairlawn residents immigrated to the U.S. To compare, 4.5% of Ohio’s residents were born outside of the country. The majority of Fairlawn residents are of German, Irish, or English descent.

In Fairlawn, there are two elementary schools. Although there are no public middle schools or high schools in this city, students have convenient commutes to nearby educational campuses. Out of residents who are 25 years of age and over, 97.5% have high school diplomas.

Around 18.5% of residents have received some college education or are currently earning a college degree. Meanwhile, 9.8% of residents have an associate’s degree, and 30.8% have a bachelor’s degree. Another 16.9% of residents have a master’s degree or another professional degree.

Altogether, Fairlawn has a higher percentage of residents with bachelor’s degrees, graduate degrees, and professional degrees than Ohio’s averages.

Properties in Fairlawn, Ohio vary in terms of price points and come in above the average cost of property prices throughout the United States of America.

56.6% of real estate is valued between $111K-$222K, and 22.7% of properties are valued between $222K-$333K. From there, 12.9% range from $333K-$444K, and 2.7% are priced from $444K-$555K. Additionally, there are properties that range around $832K, and several are over $1 million.

As for appreciation rates, Fairlawn’s numbers were around the national average from October 2009 to October 2019, seeing as the annual appreciation rate during this time averaged at 1.09%. However, from October 2018 to October 2019, Fairlawn appreciation rates have been under most American communities. In this time period, the appreciation rate was 1.46%.

When compared on a statewide level alone, Fairlawn’s annual appreciation rate trends under 80% of other Ohio towns and cities.

Out of 3,200 housing options, 62.6% are owner-occupied, and 37.4% are rented properties, while 7% are vacant homes.

Although the median home value in Fairlawn comes in around $213K, housing prices fluctuate. With that said, 57.7% of homes are single-family properties, and 25.1% of housing options are apartment complexes. Smaller apartment buildings make up 9.7% of housing options, and 7.5% are condominiums.

As for age, the majority of Fairlawn housing was constructed between 1940-1969, seeing as 47.5% of properties were built during this time period. 39.2% of properties broke ground between 1970-1999, and 10% of homes were built in 2000 or later. The remaining 3.3% of housing options were constructed in 1939 or earlier.

The majority of homes at 38.9% are 3 bedroom properties, and 28.8% have 2 bedrooms. 22.2% of housing options have 4 or more bedrooms, and only 8.5% of options have 1 bedroom.

The median household income in Fairlawn is reportedly $71K, and the per capita income is $41K. Fairlawn’s poverty rate is 6%, and the city’s unemployment rate is reportedly 2.9%. This can be seen as fairly low compared to statewide and national trends.

3.9% of Fairlawn residents earn less than $15K per year. 3.5% of residents earn between $15K-$25K annually. From there, 4.7% of the population makes between $25K-$35K per year.

Another 20% of Fairlawn residents earn between $35K-$50K annually, and about 24% make between $50K-$65K per year. Almost 44% of residents earn more than $65K annually. Altogether, the average salary is $73K.