Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Falling Waters

Learn about the people, housing, costs and businesses in Falling Waters, West Virginia

Median Home$278,700
Median Rent$1,403/month
Population1,617
Leading IndustriesFinance & Insurance · Professional Services · Information & Media11% finance & insurance
Home Value Growth⬆⬆+13.8% over 2 years
Young Adults34% of residentswell above average
Homeowners76% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHigh Incomes$98k/year · top 18% nationally
Falling Waters
WV

Frequently Asked Questions

What are today's mortgage rates in Falling Waters?

As of today, the 30-year fixed mortgage rate for Falling Waters is approximately 6.976% (7.015% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Falling Waters
What is the median home price in Falling Waters?

The median home value in Falling Waters is $279k. The median monthly rent is $1,403. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Falling Waters?

Home values in Falling Waters have increased 13.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Falling Waters?

Based on a typical all-in ownership cost of $1,445/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Falling Waters is $98k/year.

Calculate your buying power
What industries drive the economy in Falling Waters?

The largest employment sectors in Falling Waters are public administration (29%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.