Falmouth, VA
Full City Profile · Virginia · Fredericksburg city County
3.8
/5.0
B+
Good
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
293 sunny days/yr
449
Violent Crime/100K
4,112 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$125,305 median income, 2.1% unemployment
A+
Affordability
4.8 / 5.0
$422,500 home value, $1,972/mo rent
F
Safety
1.0 / 5.0
449 violent crimes/100K (18% above avg)
A+
Education
4.5 / 5.0
44.3% bachelor's degree or higher
Top Industries in Falmouth (13)
County-level employment data (BLS QCEW). Sorted by employment.
Health Care & Social Assistance
6,448 jobs
368 firms
$80,331/yr
Accommodation & Food Services
4,112 jobs
177 firms
$26,989/yr
Retail Trade
3,405 jobs
238 firms
$35,937/yr
Professional & Technical Services
1,456 jobs
199 firms
$97,631/yr
Other Services
776 jobs
150 firms
$48,493/yr
Construction
577 jobs
72 firms
$82,561/yr
Finance & Insurance
521 jobs
99 firms
$105,442/yr
Arts & Entertainment
496 jobs
31 firms
$26,998/yr
Real Estate
452 jobs
101 firms
$65,181/yr
Wholesale Trade
339 jobs
50 firms
$81,080/yr
Educational Services
150 jobs
17 firms
$44,268/yr
Information & Technology
126 jobs
20 firms
$84,871/yr
Unclassified
29 jobs
19 firms
$40,645/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Accommodation & Food Services
1.82
Health Care & Social Assistance
1.81
Retail Trade
1.37
Arts & Entertainment
1.19
Real Estate
1.17
Other Services
1.04
Professional & Technical Services
0.84
Unclassified
0.84
Finance & Insurance
0.52
Construction
0.44
Wholesale Trade
0.35
Educational Services
0.29
Information & Technology
0.27
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Health Care & Social Assistance | 6,448 | 368 | $1,545 | $80,331 | 1.81 |
| Accommodation & Food Services | 4,112 | 177 | $519 | $26,989 | 1.82 |
| Retail Trade | 3,405 | 238 | $691 | $35,937 | 1.37 |
| Professional & Technical Services | 1,456 | 199 | $1,878 | $97,631 | 0.84 |
| Other Services | 776 | 150 | $933 | $48,493 | 1.04 |
| Construction | 577 | 72 | $1,588 | $82,561 | 0.44 |
| Finance & Insurance | 521 | 99 | $2,028 | $105,442 | 0.52 |
| Arts & Entertainment | 496 | 31 | $519 | $26,998 | 1.19 |
| Real Estate | 452 | 101 | $1,253 | $65,181 | 1.17 |
| Wholesale Trade | 339 | 50 | $1,559 | $81,080 | 0.35 |
| Educational Services | 150 | 17 | $851 | $44,268 | 0.29 |
| Information & Technology | 126 | 20 | $1,632 | $84,871 | 0.27 |
| Unclassified | 29 | 19 | $782 | $40,645 | 0.84 |
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