Kentucky · Metropolitan Area
Falmouth is a small town in Kentucky with a population of 2,577. Residents earn $38,177 per year, which is 49% below the national average.
Based on current data, Falmouth receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include low unemployment, low crime rates, affordable housing, high health insurance coverage. Areas to be aware of include an elevated poverty rate, below-average incomes. Falmouth offers a solid quality of life with a good balance of affordability, safety, and opportunity.
The median household income in Falmouth is $38,177, 49% below the national average of $75,149. The job market is very strong with unemployment at just 2.3%. The poverty rate of 22.5% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 33 minutes.
The median home value in Falmouth is $111,300, 61% below the national median — offering relatively affordable homeownership. Renters pay a median of $846 per month, below the national average — a plus for affordability. At just 2.9x median income, home prices are very affordable relative to local earnings.
Falmouth is a very safe community with a violent crime rate of 0 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 1,731 per 100,000, near the national average.
9.4% of residents hold a bachelor's degree, below the national average of 33.7%. 73.0% have completed high school. Area schools have an average test score of 5.5/10.
Falmouth experiences four distinct seasons with an average temperature of 55°F. Winters average 32°F in January while summers reach 76°F in July. Annual precipitation totals 42.2 inches. Air quality is rated Good with a median AQI of 41.
| English Only | 98.5% |
| 25% above US avg | |
| Spanish | 1.5% |
| 89% below US avg |
| Median HH Income | $38,177 |
| 49% below US avg | |
| Per Capita Income | $18,715 |
| Avg Weekly Wage | $1,047 |
| IRS Avg AGI | $59,494 |
| Unemployment | 2.3% |
| 36% below US avg | |
| Poverty Rate | 22.5% |
| 81% above US avg | |
| Establishments (County) | 292 |
| County GDP | $411M |
| Restaurants | 11 |
| Healthcare | 9 |
| Retail | 26 |
| Manufacturing | 14 |
| Property Tax (IRS) | $3,017 |
| 14% below US avg | |
| Effective Tax Rate | 2.71% |
| Commute Time | 33.0 min |
| Work from Home | 4.0% |
| Census Median | $111,300 |
| 61% below US avg | |
| Zillow ZHVI | $212,125 |
| Median List Price | $90,000 |
| Median List Price | $90,000 |
| $/Sq Ft | $128 |
| Homes Sold | 3 |
| Sale-to-List Ratio | 86.9% |
| Price Drops | 33.3% |
| Inventory | 6 |
| Census Median Rent | $846 |
| 27% below US avg |
| Studio | $719 |
| 1 Bedroom | $794 |
| 2 Bedrooms | $984 |
| 3 Bedrooms | $1,277 |
| 4 Bedrooms | $1,442 |
| Owner-Occupied | 49.9% |
| Avg Tax (IRS) | $3,017 |
| 14% below US avg | |
| Effective Rate | 2.71% |
| Insurance Rate | 94.5% |
| Premature Death | 13,015/100K |
| Food Environment | 7.9/10 |
| Exercise Access | 29.2% |
| Healthcare Facilities | 9 |
| Total Violent | 0.0/100K |
| 100% below US avg | |
| Murder | 0.0/100K |
| 100% below US avg | |
| Rape | 0.0/100K |
| Robbery | 0.0/100K |
| Assault | 0.0/100K |
| Total Property | 1,730.6/100K |
| 12% below US avg | |
| Burglary | 608.0/100K |
| Theft | 982.2/100K |
| Vehicle Theft | 140.3/100K |
| Arson | 0.0/100K |
| Safety Grade | C+ |
| Safety Score | 2.5 / 5.0 |
| Annual Average | 54.9°F |
| 2% above US avg | |
| January Average | 32°F (0°C) |
| July Average | 76°F (24°C) |
| Annual Rainfall | 42.2 inches |
| 11% above US avg |
| AQI Median | 41.0 |
| Rating | Good |
| Elevation | 566 ft (173 m) |
| Area | 1.4 sq mi (3.5 km²) |
| Population Density | 1,895/sq mi |
| Coordinates | 38.6718°N, 84.3309°W |
| County FIPS | 21191 |
Winner: Republican by 63.5 points
| Bachelor's Degree+ | 9.4% |
| 72% below US avg | |
| High School+ | 73.0% |
| School Test Score | 5.50 |
| RUCC Code 1 | Metro — 1 million+ |
| Population Density | 1,895/sq mi |
| Total Area | 1.4 sq mi |
| Public Libraries | 1 |
| Healthcare Facilities | 9 |
| Restaurants | 11 |
| Retail Stores | 26 |
| Avg Commute | 33.0 min |
| Work from Home | 4.0% |