Last updated: 2024 BLS data · Page refreshed:
Fallon has a population of 9,463 with a median age of 35.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 9,463 |
| Median Age | 35.5 |
| White | 71.6% |
| Black or African American | 3.5% |
| Asian | 3.5% |
| Hispanic or Latino | 16.6% |
| Other / Two or More Races | 4.8% |
The median household income in Fallon is $73,389, which is 9.0% below the national median of $80,610. The per capita income is $35,048. The poverty rate is 12.5%.
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In Fallon, 92.9% of residents age 25+ have a high school diploma or higher, and 16.9% hold a bachelor's degree or higher (5.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.9% |
| Bachelor's Degree or Higher | 16.9% |
| Graduate or Professional Degree | 5.4% |
The median home value in Fallon is $282,700, below the national median of $303,400. The median monthly rent is $1,230. The homeownership rate is 50.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $282,700 |
| Median Monthly Rent | $1,230 |
| Homeownership Rate | 50.7% |
| Vacancy Rate | 16.4% |
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