Falkland, NC

North Carolina · Metropolitan Area

Falkland is a small town in North Carolina with a population of 119. Residents earn $93,542 per year, which is 24% above the national average.

3.7 /5.0
B+ Good
119 Population 517/sq mi density
$93,542 Median Income $47,110 per capita
$45,800 Home Value
N/A Median Rent
60°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$93,542 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$45,800 home value
F
Education
1.3 / 5.0
3.4% bachelor's degree or higher
Median Income $93,542
24% higher than US avg
Home Value $45,800
84% lower than US avg
Bachelor's+ 3.4%
90% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 3.4%
73% lower than US avg

How Falkland Compares to the U.S. Average (100% = U.S. avg)

People

Population119
Median Age62.2 yrs
Density517/mi²
Male / Female56% / 45%
Largest GroupWhite 97%
Veterans0.0%

Economy

A+
Median Income$93,542
Per Capita$47,110
Unemployment0.0%
Poverty3.4%
County GDP$12,529M
Commute51 min

Housing

A+
Home Value$45,800
RentN/A
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg Temp60°F
AQI40 (Good)
Rain47.6 in/yr
Elevation74 ft

Education

F
Bachelor's+3.4%
High School+96.6%
School Score5.46

Community

2024 VoteR 46% / D 52%
Commute51 min
Broadband70.0%
Libraries7

Is Falkland a Good Place to Live?

Based on current data, Falkland receives an overall livability score of 3.7 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, low unemployment, affordable housing, a low poverty rate. Areas to be aware of include long commute times. Falkland offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Falkland is $93,542, 24% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 0.0%. Only 3.4% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 51 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Falkland is $45,800, 84% below the national median — offering relatively affordable homeownership. At just 0.5x median income, home prices are very affordable relative to local earnings.

Education

3.4% of residents hold a bachelor's degree, below the national average of 33.7%. 96.6% have completed high school. Area schools have an average test score of 5.5/10.

Climate & Weather

Falkland enjoys a moderate climate with an average annual temperature of 60°F. Winters average 41°F in January while summers reach 80°F in July. Annual precipitation totals 47.6 inches. Air quality is rated Good with a median AQI of 40.

Falkland has a population of 119 with a density of 517 people per square mile. The median age is 62.2 years, 60% older than the national median of 38.9. The city is predominantly White (96.6%), with 3.4% Black.

Population

119
Total Population
517
People / sq mi
62.2yrs
Median Age
60% above US avg
0.2mi²
Land Area

Gender Distribution

Male 55.5%
Female 44.5%

Race & Ethnicity

Falkland vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Falkland vs U.S. Average

The median household income in Falkland is $93,542, which is 24% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 3.4% of residents live below the poverty line. Workers commute an average of 51 minutes.

Income: Falkland vs U.S.

Commute Mode

Income

Median HH Income$93,542
24% above US avg
Per Capita Income$47,110
Avg Weekly Wage$1,151
IRS Avg AGI$73,322

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate3.4%
73% below US avg
Establishments (County)4,498
County GDP$12,529M

Business (County)

Restaurants399
Healthcare520
Retail605
Manufacturing91

Tax & Cost of Living

Property Tax (IRS)$3,983
14% above US avg
Effective Tax Rate8.70%

Commute & Transportation

Commute Time51.2 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Falkland is $45,800, 84% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$45,800
84% below US avg

Real Estate Market (Redfin)

Rental Costs

HUD Fair Market Rent

Studio$932
1 Bedroom$981
2 Bedrooms$1,161
3 Bedrooms$1,499
4 Bedrooms$1,780

Ownership & Property

Owner-Occupied100.0%

Property Tax

Avg Tax (IRS)$3,983
14% above US avg
Effective Rate8.70%

Health Metrics: Falkland vs U.S. Average (%)

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Insurance Rate100.0%
Premature Death10,748/100K

Food & Exercise

Food Environment7.2/10
Exercise Access90.1%
Healthcare Facilities520

Crime Rates: Falkland vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)24

Safety Score

Falkland has an average annual temperature of 60°F (16°C). Winters average 41°F in January while summers reach 80°F in July. Annual precipitation is 47.6 inches. Air quality is rated Good with a median AQI of 40.

Temperature

41°F Jan (5°C) 80°F Jul (27°C)
Annual Average60.4°F
12% above US avg
January Average41°F (5°C)
July Average80°F (27°C)

Precipitation & Snow

Annual Rainfall47.6 inches
25% above US avg
Snowfall4.8 inches/yr

Air Quality

AQI Median40.0
RatingGood

Geography

Elevation74 ft (23 m)
Area0.2 sq mi (0.6 km²)
Population Density517/sq mi
Coordinates35.6985°N, 77.5129°W
County FIPS37147
It is classified as Metro — under 250K. 3.4% of residents hold a bachelor's degree or higher (90% below US avg). In the 2024 election, the county voted Democrat by a 6-point margin. 70.0% of households have broadband internet.

2024 Presidential Election (County)

R 46.5%
D 52.5%

Winner: Democrat by 6 points

Education

Bachelor's Degree+3.4%
90% below US avg
High School+96.6%
School Test Score5.46
F Education Grade (1.3/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density517/sq mi
Total Area0.2 sq mi

Infrastructure & Services

Broadband Access70.0%
Public Libraries7
Healthcare Facilities520
Restaurants399
Retail Stores605

Safety & Disasters

Fatal Crashes (County/yr)24

Commute & Transportation

Avg Commute51.2 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

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