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Falling Water, TN
Full City Profile · Tennessee · Hamilton County County
3.8
/5.0
B+
Good
2,090
Population
417/sq mi density
$113,160
Median Income
$51,886 per capita
$398,400
Home Value
$668,688 Zillow
$711
Median Rent
14.1% income on rent
58°F
Avg Temperature
302 sunny days/yr
564
Violent Crime/100K
4,304 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$113,160 median income, 0.9% unemployment
A+
Affordability
4.7 / 5.0
$398,400 home value, $711/mo rent
F
Safety
1.0 / 5.0
564 violent crimes/100K (49% above avg)
A+
Education
4.6 / 5.0
45.3% bachelor's degree or higher
Housing Overview
Median Home Value
$398,400
41% above
US avg: $281,900
Median Rent
$711/mo
39% below
US avg: $1,163/mo
Homeownership Rate
89.9%
37% above US avg (65.4%)
Total Housing Units
732
Median year built: 1996
Home Value by Source
Census Median
$398,400
Zillow (ZHVI)
$668,688
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.9%
Owner-Occupied
10.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$711/mo
Affordability & Housing Stock
Rent Burden
14.1%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
89.9%
Complete Housing Data
Home Values
| Census Median Value | $398,400 |
| Zillow Home Value (ZHVI) | $668,688 |
Rent
| Census Median Rent | $711 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
Ownership & Stock
| Owner-Occupied | 89.9% |
| Renter-Occupied | 10.1% |
| Homeownership Rate | 89.9% |
| Total Housing Units | 732 |
| Median Year Built | 1996 |
| Rent Burden | 14.1% |