Electricity Rates in Olmsted Falls, OH

History of Olmsted Falls

After the Revolutionary War, the area that later became Olmsted Township, from which Olmsted Falls (as well as most of North Olmsted) was subsequently created, was part of the Western Reserve, a strip of northeastern Ohio land stretching 120 miles west from the Pennsylvania border, that was claimed by Connecticut. In 1795, Connecticut sold most of that land to the Connecticut Land Company, which then divided it into townships and sold it by auction. Several bidders won the right to purchase what then was known as Township 6, Range 15, with the largest share of almost half of the township going to Aaron Olmsted, a sea captain from East Hartford, Connecticut. However, it took years for the sales to be consummated. Olmsted died in 1806, so when the sale of his land was completed in 1807, it went to his widow and three sons, who sold parts of the land to settlers.Although James Geer, who then lived in Columbia Township to the south, planted a crop of corn across the border in 1814, it was 1815 when he and his family moved into a small log house in Township 6, Range 15, to become the township’s first settlers in a section that later became part of Olmsted Falls. The township had several informal names, including Kingston, until 1823, when it was organized as a civil township called Lenox. However, because of confusion with another Lenox Township in Ashtabula County, one resident suggested renaming it Olmsted Township in honor of Aaron Olmsted.

Olmsted Falls by the Numbers

Population

23,129

Median Age

42.5 yrs

Median Household Income

$93,877/yr

Median Home Value

$239,200

Homeownership Rate

77%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)