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ZipNumbers

Alabama · Census place 25648

Falkville town, AL

Quick answer

Falkville town has 1,464 residents, ranking #265 of 593 places in Alabama. Median household income is $43,145, the median home is worth $118,300 and median gross rent runs $666 a month.

Population
1,464Falkville town residents
Median household income
$43,145Past 12 months, inflation adjusted
Median home value
$118,300Owner-occupied units
Median gross rent
$666Rent plus utilities, monthly
Median age
56 yrsAll residents
Homeownership rate
79.5%Owner-occupied households

What the numbers mean in Falkville town

Housing cost measured against local earnings.

A household earning the Falkville town median would spend about 18.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.5% of residents and 79.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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