Last updated: 2024 BLS data · Page refreshed:
Falkville has a population of 1,606 with a median age of 53.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,606 |
| Median Age | 53.5 |
| White | 80.6% |
| Black or African American | 4.4% |
| Asian | 6.0% |
| Hispanic or Latino | 0.6% |
| Other / Two or More Races | 8.4% |
The median household income in Falkville is $46,888, which is 41.8% below the national median of $80,610. The per capita income is $25,894. The poverty rate is 14.9%.
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In Falkville, 89.4% of residents age 25+ have a high school diploma or higher, and 8.2% hold a bachelor's degree or higher (3.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.4% |
| Bachelor's Degree or Higher | 8.2% |
| Graduate or Professional Degree | 3.7% |
The median home value in Falkville is $139,600, below the national median of $303,400. The median monthly rent is $693. The homeownership rate is 78.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $139,600 |
| Median Monthly Rent | $693 |
| Homeownership Rate | 78.7% |
| Vacancy Rate | 5.3% |
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