Beachwood, a small city in Ohio, has a population of approximately 12,000. It's a nice place to settle down, as retirees account for a greater percentage of the population (30%) here than they do nationally (14%), while young adults are less well-represented. Overall, the city's residents, at an average age of just over 47, skew notably older than most cities in Ohio. The majority of residents own their homes in Beachwood, and 40% of residents rent. With an average rent of $1,663/month, exceeding the state average by $852 a month, relatively high rent costs could be a factor in the higher levels of ownership.
Averaging about 24 minutes, Beachwood's commute time is shorter than nearly 70% of cities in Ohio. Many residents (40%) commute to work by car, while public transportation isn't used much. Walking isn't a common means of commuting to work.
Beachwood residents have a plethora of industries from which to choose, the most common four of which are healthcare, retail, education, and scientific. Combined, these industries make up 28% of the city's labor force. Meanwhile, looking at job function, 9% of residents work in management, which ranks as the top field in the city. With an average annual income of just over $103K, Beachwood workers earn around $40,000 more than their peers elsewhere in Ohio. Beachwood's average income also compares favorably to the national average of $73,345. Compared to the national average (7%), Beachwood has a large concentration of residents over the age of 25 who have advanced degrees, as 17% have earned a Master's or a Doctoral degree. Further, 18% have earned a Bachelor's degree, which also outpaces the national average.