Last updated: 2024 BLS data · Page refreshed:
Falls Village has a population of 410 with a median age of 44.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 410 |
| Median Age | 44.9 |
| White | 92.7% |
| Black or African American | 2.9% |
| Hispanic or Latino | 1.0% |
| Other / Two or More Races | 3.4% |
The median household income in Falls Village is $53,750, which is 33.3% below the national median of $80,610. The per capita income is $41,466. The poverty rate is 37.6%.
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In Falls Village, 95.8% of residents age 25+ have a high school diploma or higher, and 65.2% hold a bachelor's degree or higher (19.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.8% |
| Bachelor's Degree or Higher | 65.2% |
| Graduate or Professional Degree | 19.7% |
The median home value in Falls Village is $445,700, above the national median of $303,400. The median monthly rent is $2,074. The homeownership rate is 84.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $445,700 |
| Median Monthly Rent | $2,074 |
| Homeownership Rate | 84.2% |
| Vacancy Rate | 25.3% |
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