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ZipNumbers

Michigan · Census place 27320

Falmouth CDP, MI

Quick answer

Falmouth CDP has 189 residents, ranking #691 of 745 places in Michigan. Median household income is $26,058, the median home is worth $124,000 and median gross rent runs $850 a month.

Population
189Falmouth CDP residents
Median household income
$26,058Past 12 months, inflation adjusted
Median home value
$124,000Owner-occupied units
Median gross rent
$850Rent plus utilities, monthly
Median age
52.8 yrsAll residents
Homeownership rate
82%Owner-occupied households

What the numbers mean in Falmouth CDP

Housing cost measured against local earnings.

A household earning the Falmouth CDP median would spend about 39.1% 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 4.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.9% of residents and 82% 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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