Falmouth, VA

Full City Profile · Virginia · Fredericksburg city County

4.6 /5.0
A+ Excellent
5,036 Population 1,614/sq mi density
$125,305 Median Income $56,208 per capita
$422,500 Home Value $475,651 Zillow
$1,972 Median Rent 32.8% income on rent
57°F Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A+
Economy
4.6 / 5.0
$125,305 median income, 3.4% unemployment
A+
Affordability
4.8 / 5.0
$422,500 home value, $1,972/mo rent
A+
Education
4.5 / 5.0
44.3% bachelor's degree or higher

Falmouth, VA

At a Glance

Median Income
$125,305
67% above
$56,208 per capita
Home Value
$422,500
50% above
Zillow: $475,651
Median Rent
$1,972/mo
70% above
32.8% of income on rent
Bachelor's Degree+
44.3%
31% above
93.5% high school+
Unemployment
3.4%
6% below
8.4% poverty rate
Obesity Rate
35.2%
10% above
11.1% smoking rate
Avg Temperature
57°F

How Falmouth Compares to the U.S. Average

Each bar shows Falmouth's value as a percentage of the national average (100% = U.S. avg)

Income
167%
Home Value
150%
Rent
170%
Poverty
68%
Bachelor's
131%
Unemployment
94%
Thin vertical line = U.S. national average (100%)

Is Falmouth a Good Place to Live?

A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Falmouth residents earn a median household income of $125,305 , which is 67% above the national average of $75,149. Per capita income is $56,208. The unemployment rate stands at 3.4% (6% below the U.S. rate of 3.6%). 8.4% of residents live below the poverty line. The area is home to 1,766 business establishments, including 201 restaurants.

Housing & Cost of Living

The median home value in Falmouth is $422,500 , 50% above the national median of $281,900. Zillow estimates the typical home at $475,651. Median rent is $1,972/month, with 32.8% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1983.

Education

44.3% of adults in Falmouth hold a bachelor's degree or higher (31% above the national average). 93.5% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Falmouth has an average annual temperature of 57°F (14°C). Winters average 36°F in January while summers reach 78°F in July. Annual precipitation totals 43.4 inches.

Data Overview

People

Population5,036
Median Age38.7 yrs
Density1,614/mi²
Male / Female49% / 51%
Foreign Born16.3%
Veterans15.2%

Economy

A+
Median Income$125,305
Per Capita$56,208
Unemployment3.4%
Poverty8.4%
Avg Weekly Wage$1,209

Housing

A+
Home Value$422,500
Rent$1,972
Ownership82.2%
Zillow$475,651
Housing Units2,073
Rent Burden32.8%

Health

Obesity35.2%
Diabetes9.9%
Smoking11.1%
Heart Disease4.8%
Premature Death10,345/100K

Climate

Avg Temp57°F
Rain43.4 in/yr
Elevation70 ft

Education

A+
Bachelor's+44.3%
High School+93.5%
Graduate+23.7%
School Score5.6/10

Community

2024 VoteR 33% / D 65%
Commute33 min
Broadband95.2%
Internet Speed212 Mbps
EV Stations29
Libraries1

Did You Know?

The median home in Falmouth was built in 1983.
The nearest airport is Manassas Regional/Harry P Davis Field (26 miles).
The Gini coefficient (income inequality) is 0.458 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
7.8% of the population has a disability.
16.3% of residents are foreign-born.
Average internet download speed is 212 Mbps.
There are 201 restaurants in the area.
The county recorded 4 fatal vehicle crashes.