Last updated: 2024 BLS data · Page refreshed:
Falmouth has a population of 3,954 with a median age of 63.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,954 |
| Median Age | 63.4 |
| White | 81.1% |
| Black or African American | 1.3% |
| Asian | 3.1% |
| Hispanic or Latino | 8.4% |
| Other / Two or More Races | 6.1% |
The median household income in Falmouth is $68,227, which is 15.4% below the national median of $80,610. The per capita income is $61,661. The poverty rate is 21.8%.
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In Falmouth, 95.5% of residents age 25+ have a high school diploma or higher, and 58.9% hold a bachelor's degree or higher (29.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.5% |
| Bachelor's Degree or Higher | 58.9% |
| Graduate or Professional Degree | 29.4% |
The median home value in Falmouth is $837,900, above the national median of $303,400. The median monthly rent is $1,173. The homeownership rate is 54.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $837,900 |
| Median Monthly Rent | $1,173 |
| Homeownership Rate | 54.4% |
| Vacancy Rate | 36.6% |
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