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Falkville, AL

Full City Profile · Alabama · Morgan County County

2.8 /5.0
C+ Fair
1,464 Population 344/sq mi density
$43,145 Median Income $23,092 per capita
$118,300 Home Value $197,985 Zillow
$666 Median Rent 22.4% income on rent
60°F Avg Temperature 301 sunny days/yr
124 Violent Crime/100K 2,280 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$43,145 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$118,300 home value, $666/mo rent
F
Safety
1.0 / 5.0
124 violent crimes/100K
D
Education
1.5 / 5.0
6.4% bachelor's degree or higher

Income Overview

Median Household Income
$43,145
43% below
US avg: $75,149
Per Capita Income
$23,092
41% below
US avg: $39,052
Unemployment Rate
1.3%
64% below
US avg: 3.6%
Poverty Rate
11.3%
9% below
US avg: 12.4%

Income Comparison: Falkville vs. U.S. Average

Each bar shows Falkville’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$43,145
57%
Per Capita
US: $39,052
$23,092
59%
IRS Avg AGI
US: $72,000
$70,673
98%
Avg Weekly Wage
US: $1,432
$1,153
81%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,153
19% below US avg ($1,432)
Mean Commute Time
21 min
23% below US avg (28 min)
Work From Home
0.5%
97% below US avg (15.2%)
Drive Alone
89.3%
22% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$8,389M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 89.3%
Public Transit 0%
Work From Home 0.5%
Other 10.2%
Average commute time
21 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,362
Restaurants
216
Healthcare
353
Retail
474
Manufacturing
163

Tax & Financial

IRS Avg Adjusted Gross Income
$70,673
2% below US avg ($72,000)
Avg Property Tax
$1,940
45% below US avg ($3,500)
Cost of Living Index
88.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$43,145
Per Capita Income$23,092
IRS Avg Adjusted Gross Income$70,673
Avg Weekly Wage$1,153
County GDP$8,389M

Hardship Indicators

Unemployment Rate1.3%
Poverty Rate11.3%
Gini Coefficient0.449
Cost of Living Index88.8

Commute

Mean Commute21 minutes
Drive Alone89.3%
Public Transit0.0%
Work From Home0.5%

Businesses

Total Establishments3,362
Restaurants216
Healthcare353
Retail474
Manufacturing163

Tax

IRS Avg AGI$70,673
Avg Property Tax$1,940