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Apartments For Rent in Munroe Falls, OH

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Apartments for Rent in Munroe Falls, OH

Munroe Falls, a small town in Ohio, has a population of slightly more than 5,000. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (22%) here than they do nationally (14%). With an average age of just under 44, the town's population is older than most cities in Ohio. Only 25% of residents rent in Munroe Falls, as home ownership is common in the area. At $750/month, the average rent is a bit below the state average.

There are five primary industries in Munroe Falls: healthcare, manufacturing, retail, education, and entertainment. Together, these industries make up 34% of the town's labor force. Meanwhile, looking at job function, many residents work in management, as 9% of the town's population reports this as their field of work, the highest number of any field. With an average annual income of around $80K, Munroe Falls workers take home around $17,000 more than the average Ohio resident. The town's average income also compares favorably to the national average ($73,345). Compared to the national average (21%), Munroe Falls has a relatively large concentration of residents older than 25 with a Bachelor's, Master's, Professional, or Doctoral degree (26%).

With an average commute time of about 24 minutes, outperforming most cities in the state, Munroe Falls residents know that it isn't overly time-consuming to travel to work. Driving is the most common mode of getting to work, selected by 48% of commuters, while public transit isn't used extensively. Walking isn't a common way to get to work.