Westlake Ohio City Guide

Between 2010 and 2013, Westlake’s population grew from 32,350 to 32,550. Between 2013 and 2018, the population saw a steady decrease. This city’s annual growth rate is about 0.01%.

Westlake’s population density tracks around 2,041.03 per square mile, which is notably over Ohio’s average of 257.90 and the U.S. average of 82.73 per square mile.

In Westlake, about 48.9% of residents are male, and 51.1% of residents are female. Less than 25% of residents are under the age of 18. About 26% of residents range between 20-45 years of age, which indicates the majority of residents are over 45 years old.

An estimated 88.6% of Westlake residents are White, and 4.7% of residents are Asian. About 3.2% of the population is Black or African American. Around 2.8% of the population is biracial or multiracial.

Westlake is home to many English speakers, seeing as about 88.1% of the population only speaks English. Meanwhile, 2.6% of the population speaks Arabic, and 2.7% of residents know other Indo-European languages.

Almost 9% of Westlake’s population was born outside of the U.S., which tracks above Ohio’s average of 4.5%. As is common in this area of Ohio, German, Irish, Italian, and English ancestries are the most common.

Westlake is home to 6 elementary schools, 2 middle schools, and 2 high school campuses. This means local students can enjoy short commutes. Around 96.5% of residents 25 years of age and over have earned their high school diploma.

Westlake’s population is largely formally educated. 17.7% of Westlake residents have some college education, and 8.5% of residents have earned an associate’s degree. Around 31.5% of the population has earned a bachelor’s degree, which is almost double the state’s percentage. Meanwhile, another 21.3% of residents have earned a graduate degree or a professional degree, which surpasses Ohio’s reported 10.5%.

The average cost of a home in Westlake, Ohio, is $270,500 as of September 2019. Real estate in the city is increasing in value steadily, and homes appreciated by 22.3% from 2009 to 2019 and by 25.4% from 2014 to 2019. On average, real estate in Westlake is 32 years old, however, there are new constructions available and new homes are still being built as of 2019.

The median rental price for property in the city is $1,940, which is slightly higher in comparison to the rest of Ohio. About 25% of real estate in Westlake is rental property. Westlake continues to be a desirable city to live in, and both house and rental prices are predicted to continue to rise.

Home sales are pending within about 40 days of listing and they typically sell for 3% below their listed price.

With its population just over 32,400, Westlake has about 14,800 houses. Housing options in Westlake include detached single family homes, townhouses and apartments. About 26% of residents rent their homes, and the average rent as of September 2019 was $1,940 a month.

From September 2014 until September 2019, houses have appreciated by 25.4% and house prices continue to rise monthly. Most homes were built in the 1980s, however, there are older homes as well as new builds available to rent or purchase.

The majority of Westlake residents own their homes, and a little under 25% of all property is rented out. Westlake properties come in a variety of styles and designs.

There’s everything from one-bedroom apartments to five-bedroom high-value family homes. There are apartment complexes throughout Westlake, and the city’s main neighborhoods are Bretton Woods, Canterbury Manor, Crocker Park, Lands End and Laurel Woods.

Westlake’s median household income is about $83K, and the per capita income tracks around $50K.

The average salary of a Westlake resident is about $95K. For context, around 26% of residents earn over $100K annually, while 16% earn between $75K-$100K per year. 18.5% of residents earn between $50K-$65K annually, and another 16.4% earn between $35K-$50K per year.

The city’s unemployment rate is 3.9%, which is lower than Ohio’s estimated 5.8% unemployment rate and the U.S. unemployment rate of 5.9%. The city’s poverty rate is 5.2%, which is comparably lower than the statewide poverty rate of 14%.