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Falls Church

Learn about the people, housing, costs and businesses in Falls Church County

Median Home$1,057,018
Median Rent$2,318/month
Population14,710
Leading IndustriesArts, Food & Hospitality · Healthcare · Education28% arts, food & hospitality
Home Value Growth+5.0% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners53% of occupied units
NotableAmenity Score85/100 · highly walkable area
NotableHigh Incomes$148k/year · top 1% nationally
Falls Church City
VA

Frequently Asked Questions

What are today's mortgage rates in Falls Church?

As of today, the 30-year fixed mortgage rate for Falls Church is approximately 6.762% (6.783% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Falls Church?

The median home value in Falls Church is $1.1M. The median monthly rent is $2,318. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Falls Church?

Home values in Falls Church have increased 5.0% over the past two years. This represents moderate growth. 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 Falls Church?

Based on a typical all-in ownership cost of $2,511/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $108k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Falls Church is $148k/year.

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What industries drive the economy in Falls Church?

The largest employment sectors in Falls Church are healthcare (30%) and arts, food, and hospitality (28%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas