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Falmouth, VA

Comprehensive demographics, housing data, local amenities, and economic statistics for Falmouth.

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Community Insights

Veteran Community
12% of residents
top 6% nationally
High Incomes
$125k/year
top 7% nationally
Leading Industries
Professional Services · Healthcare · Arts, Food & Hospitality
3% professional services
Home Value Growth⬆⬆
+13.9% over 2 years
Young Adults
32% of residents
above average nationally
Homeowners
73% of occupied units

People & Demographics

Total Population5,322
Households—
Under 18
22.0%
Age 18–34
32.0%
Age 35–64
31.0%
Age 65+
15.0%
Veterans
12.0%
Active Duty
3.0%

Housing & Living

Median Home Value$431,588
Median Gross Rent$2,083/mo
Owner Occupied
72.6%
Renter Occupied
27.4%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$124,985
Poverty Rate—

Key Industries

Healthcare16.0%
Professional Services3.0%
Manufacturing0.0%
Retail4.0%
Education1.0%

Amenities & Transit

Transit Score76 / 100
Walkability / Amenities70 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
23.0%
Master's or Higher
13.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Falmouth?›

The total population of Falmouth is approximately 5,322. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Falmouth walkable and transit-friendly?›

Based on local geographic data, Falmouth has an amenity and walkability score of 70/100 and a transit score of 76/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Falmouth?›

The housing market in Falmouth is predominantly driven by homeowners, with 73% of housing units being owner-occupied and 27% being renter-occupied.

What is the education level of residents in Falmouth?›

In Falmouth, approximately 23% of adult residents hold a bachelor's degree or higher. Additionally, 13% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.