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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