Last updated: 2024 BLS data · Page refreshed:
Falmouth has a population of 1,585 with a median age of 59.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,585 |
| Median Age | 59.5 |
| White | 85.4% |
| Black or African American | 1.8% |
| Asian | 1.3% |
| Hispanic or Latino | 3.5% |
| Other / Two or More Races | 8.0% |
The median household income in Falmouth is $101,484, which is 25.9% above the national median of $80,610. The per capita income is $72,881. The poverty rate is 2.3%.
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In Falmouth, 99.5% of residents age 25+ have a high school diploma or higher, and 69.3% hold a bachelor's degree or higher (43.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 99.5% |
| Bachelor's Degree or Higher | 69.3% |
| Graduate or Professional Degree | 43.9% |
The median home value in Falmouth is $833,300, above the national median of $303,400. The median monthly rent is $1,573. The homeownership rate is 68.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $833,300 |
| Median Monthly Rent | $1,573 |
| Homeownership Rate | 68.3% |
| Vacancy Rate | 4.1% |
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