Falls Village, CT
Full City Profile · Connecticut · Northwest Hills Planning Region County
Falls Village, CT
At a Glance
How Falls Village Compares to the U.S. Average
Each bar shows Falls Village's value as a percentage of the national average (100% = U.S. avg)
Is Falls Village a Good Place to Live?
Economy & Jobs
Falls Village residents earn a median household income of $54,792 , which is 27% below the national average of $75,149. Per capita income is $35,918. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 39.6% of residents live below the poverty line. The area is home to 4,670 business establishments, including 273 restaurants.
Housing & Cost of Living
The median home value in Falls Village is $431,300 , 53% above the national median of $281,900. Zillow estimates the typical home at $375,610. Median rent is $2,096/month, with 44.6% of renters spending more than 30% of income on housing. The cost of living index is 103.6 (100 = national average). The median home was built in 1938.
Education
64.5% of adults in Falls Village hold a bachelor's degree or higher (91% above the national average). 98.6% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Falls Village has an average annual temperature of 48°F (9°C). Winters average 25°F in January while summers reach 71°F in July. Annual precipitation totals 46.9 inches.