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 Rate | 1.3% |
| Poverty Rate | 11.3% |
| Gini Coefficient | 0.449 |
| Cost of Living Index | 88.8 |
Commute
| Mean Commute | 21 minutes |
| Drive Alone | 89.3% |
| Public Transit | 0.0% |
| Work From Home | 0.5% |
Businesses
| Total Establishments | 3,362 |
| Restaurants | 216 |
| Healthcare | 353 |
| Retail | 474 |
| Manufacturing | 163 |
Tax
| IRS Avg AGI | $70,673 |
| Avg Property Tax | $1,940 |
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