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Virginia · Census place 27264

Falmouth CDP, VA

Quick answer

Falmouth CDP has 5,036 residents, ranking #199 of 688 places in Virginia. Median household income is $125,305, the median home is worth $422,500 and median gross rent runs $1,972 a month.

Population
5,036Falmouth CDP residents
Median household income
$125,305Past 12 months, inflation adjusted
Median home value
$422,500Owner-occupied units
Median gross rent
$1,972Rent plus utilities, monthly
Median age
38.7 yrsAll residents
Homeownership rate
82.2%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 18.9% 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 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.9% of residents and 82.2% 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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