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Falls Village, CT
Full City Profile · Connecticut · Northwest Hills Planning Region County
2.8
/5.0
C+
Fair
452
Population
283/sq mi density
$54,792
Median Income
$35,918 per capita
$431,300
Home Value
$375,610 Zillow
$2,096
Median Rent
44.6% income on rent
48°F
Avg Temperature
275 sunny days/yr
124
Violent Crime/100K
1,775 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$54,792 median income, 0.0% unemployment
C
Affordability
2.2 / 5.0
$431,300 home value, $2,096/mo rent
F
Safety
1.0 / 5.0
124 violent crimes/100K
A+
Education
5.0 / 5.0
64.5% bachelor's degree or higher
Income Overview
Median Household Income
$54,792
27% below
US avg: $75,149
Per Capita Income
$35,918
8% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
39.6%
219% above
US avg: 12.4%
Income Comparison: Falls Village vs. U.S. Average
Each bar shows Falls Village’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$54,792
73%
Per Capita
US: $39,052
$35,918
92%
IRS Avg AGI
US: $72,000
$105,475
146%
Avg Weekly Wage
US: $1,432
$1,237
86%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,237
14% below US avg ($1,432)
Mean Commute Time
15 min
46% below US avg (28 min)
Work From Home
43.5%
186% above US avg (15.2%)
Drive Alone
50.7%
31% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$6,465M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
50.7%
Public Transit
0%
Work From Home
43.5%
Other
5.8%
Average commute time
15 minutes
US avg: 28 min
Business Landscape
Total Establishments
4,670
Restaurants
273
Healthcare
340
Retail
378
Manufacturing
152
Tax & Financial
IRS Avg Adjusted Gross Income
$105,475
46% above US avg ($72,000)
Avg Property Tax
$9,102
160% above US avg ($3,500)
Cost of Living Index
103.6
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $54,792 |
| Per Capita Income | $35,918 |
| IRS Avg Adjusted Gross Income | $105,475 |
| Avg Weekly Wage | $1,237 |
| County GDP | $6,465M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 39.6% |
| Gini Coefficient | 0.480 |
| Cost of Living Index | 103.6 |
Commute
| Mean Commute | 15 minutes |
| Drive Alone | 50.7% |
| Public Transit | 0.0% |
| Work From Home | 43.5% |
Businesses
| Total Establishments | 4,670 |
| Restaurants | 273 |
| Healthcare | 340 |
| Retail | 378 |
| Manufacturing | 152 |
Tax
| IRS Avg AGI | $105,475 |
| Avg Property Tax | $9,102 |