Connecticut · Census place 27390
Falls Village CDP, CT
Quick answer
Falls Village CDP has 452 residents, ranking #187 of 215 places in Connecticut. Median household income is $54,792, the median home is worth $431,300 and median gross rent runs $2,096 a month.
- Population
- 452Falls Village CDP residents
- Median household income
- $54,792Past 12 months, inflation adjusted
- Median home value
- $431,300Owner-occupied units
- Median gross rent
- $2,096Rent plus utilities, monthly
- Median age
- 43.5 yrsAll residents
- Homeownership rate
- 89.1%Owner-occupied households
What the numbers mean in Falls Village CDP
Housing cost measured against local earnings.
A household earning the Falls Village CDP median would spend about 45.9% 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 7.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 34.7% of residents and 89.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Connecticut.
- Witches Woods CDP 472
- Mamanasco Lake CDP 462
- Rock Ridge CDP 453
- Indian Field CDP 430
- West Mountain CDP 418
- Dayville CDP 379
- Lakeside Woods CDP 379
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