Powell is a charming small city located in Delaware County of Ohio. Lying just 14 miles from the metropolis of Columbus, Powell is part of a county that consistently appears on the list of the highest-income counties in the United States. Founded in 1801, Powell has a rich and proud history that was largely shaped by Native American cultures in its early decades.
What is the community of Powell like?
Powell is an affluent community that lies in the southeastern part of the greater Columbus area. Home to around 12,600 residents, Powell is located in the 35th wealthiest county of the United States. Despite its relatively smaller size, Powell plays home to plenty of splendid restaurants, parks, and festivals.
Home to 9 lush parks, Powell offers extraordinary opportunities for hiking, biking, picnicking, and fishing. The jewel of Powell’s parks is the Village Green Park that offers something for everyone. Over time, this park has become the community’s favorite gathering place, offering a splash pad, an amphitheater, a playground, and multi-purpose paths, among other things. Besides, the park also hosts the famous Annual Powell Festival that brings the community together every year for unlimited musical entertainment, cuisines, games, and beer. In addition, Powell is also home to Adventure Park that offers a 17,000-square-foot skate park, playgrounds, basketball courts, and a variety of specialty rental areas.
Powell also lies in proximity to Columbus Zoo & Aquarium, which was named by USA Travel Guide in 2009 as the number one zoo in the United States. Enjoying a worldwide reputation, the Columbus Zoo is home to more than 7,000 animals representing over 800 species and sees over 2.3 million visitors annually. The zoo also houses an 18-hole golf course known as the Safari Golf Club, which spans over 140 acres. Besides, the Zoombezi Bay, located in the Columbus Zoo, is one of the Midwest’s most popular water parks, attracting more than 400,000 visitors annually.
Powell also has tons of excellent restaurants, particularly the community’s favorite Local Roots, and Liberty Tavern. Liberty Roots is loved for its quintessentially Ohio foundations as well as its fresh locally-produced farm ingredients.
What is Real Estate like in Powell?
Real estate in Powell has shown an average growth of 2.33% per year since the year 2000. Besides, since 2000, the prices of homes in Powell have appreciated by a strong 62.28%. Local real estate firm, Mainstream Realty Pros, categorizes Powell’s housing market as ‘somewhat competitive’. The sale prices of homes in Powell have experienced strong growth of more than 14.2% in March 2021 from the same month last year.
The median home price in Powell is $445,000. Currently, there are 179 active homes for sale in Powell, and normally it takes 49 days for a listed home to get off the market. Moreover, the average cost to rent a house in Powell is $1,763 per month. At present, there are 4,390 homes and apartments in the city, a whopping 97.9% of which are owned, and the remaining 2.1% are rented.
How is the economic landscape of Powell?
Powell is largely a bedroom community and most of its residents commute to areas outside Powell for employment. Some of the largest employers in Powell include the Ohio State University, JP Morgan, Nationwide, and Grange Insurance. Over the last year, Powell’s job market has grown by 0.8%, while its unemployment rate stands at a decent 3.6%. Also, the city’s job market is expected to grow by 35.8% in the next ten years.
On average, a Powell resident earns around $49,000 per annum, substantially higher than the US average of $28500. The city’s median household income of $136,250 per resident is also much greater than the US average of approximately $53000, and easily makes Powell one of the wealthiest suburbs in the Midwest. Most of the residents of Powell work in manufacturing, retail, finance, professional and technical services, education, and healthcare.
How are the schools like in Powell?
Powell is covered by 4 school districts, with Olentangy Local School District being the city’s major school district encompassing 23 schools and nearly 18,000 enrolled students. Besides, Powell also lies in proximity to many colleges including Pontifical College, Ohio Business College, and National College Columbus.
Besides, Powell lies just 11 miles from one of America’s most prestigious public universities - the Ohio State University (aka OSU or Ohio State). Ohio State’s main campus in Columbus has grown into the third-largest university campus in the United States with nearly 50,000 undergraduate students and almost 15,000 graduate students. Founded in 1870, Ohio State is considered to be “Public Ivy” and was ranked by US News in 2021 as the 17th best public university in America. Besides, OSU’s students, alumni, and faculty include 5 Noble Laureates, 104 Olympic medalists, and 7 Pulitzer Prize winners.
Powell in a nutshell
To sum up, Powell is an affluent city that enjoys the highest quality of life. Located in proximity to Columbus, Powell’s residents enjoy the best of urban amenities and employment opportunities as well as the charms of a small-town setting. If you are mulling over moving to Ohio, Powell would make an incredible hometown.
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