Living in Falmouth, Massachusetts
Cost of living, income, home prices, rent and demographics of Falmouth · Census data 2020–2024
Falmouth has 33,039 residents with a median age of 56.6. The median household income is $93,043 (11% lower than the Massachusetts median), the median home value is $629,900, the median rent is $1,451/month.
Falmouth at a glance
- Population
- 33,039
- Median age
- 56.6State: 40
- Median household income
- $93,043State: $103,960
- Median home value
- $629,900State: $562,100
- Median rent
- $1,451/moState: $1,762
- Homeowners
- 81.6%
- Bachelor's degree or higher
- 51.8%
- Average commute
- 24 min
Is Falmouth a good place to live?
Pros: An average commute of 24 minutes; a poverty rate of 9.6%.
Cons: Median household income 11% lower than the Massachusetts median; home values 12% higher than the state median; unemployment of 6.3%.
The weather is best in June to September.
Cost of living in Falmouth
Housing is the biggest part of the cost of living. In Falmouth the median home value is $629,900, 89% higher than the U.S. median. Renters pay a median of $1,451 per month, which is 33% of household income. Homeowners with a mortgage pay $2,424 a month in housing costs.
Falmouth median household income
The median household income in Falmouth is $93,043 and the income per person is $63,128. 9.6% of residents live below the poverty line (Massachusetts: 10%).
Housing in Falmouth: homes for sale and rent
- Housing units
- 22,395
- Owner-occupied
- 81.6%
- Renter-occupied
- 18.4%
- Vacant
- 33.5%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.19
33.5% of homes are vacant most of the year, a sign that Falmouth has many vacation and second homes.
Falmouth demographics
- Population
- 33,039
- Median age
- 56.6
- Under 18
- 14.3%
- 65 and older
- 33.9%
- Households
- 14,890
- Foreign-born
- 10%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Falmouth ›
Education in Falmouth
51.8% of adults 25 and older in Falmouth have a bachelor's degree or higher (Massachusetts: 47.3%), and 27.1% have a graduate or professional degree.
Jobs and commute in Falmouth
- Unemployment rate
- 6.3%State: 5.2%
- Average commute
- 24 minState: 29 min
- Work from home
- 19.3%
- Drive alone
- 67.7%
- Public transit
- 0.8%
- Walk to work
- 2.7%
- Homes with broadband
- 92.3%
Falmouth vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Falmouth | 33,039 | $93,043 | $629,900 | $1,451 |
| West Falmouth | 1,325 | $77,292 | $823,200 | $1,745 |
| Teaticket | 1,759 | $84,837 | $535,800 | — |
| East Falmouth | 6,245 | $81,464 | $593,000 | $2,116 |
| North Falmouth | 2,838 | $121,509 | $715,300 | $2,339 |
| Seconsett Island | 168 | $82,875 | $1,152,300 | — |
| Seabrook | 530 | $142,031 | $864,000 | — |
| Monomoscoy Island | 141 | $155,341 | $1,125,000 | — |
| Mashpee | 15,384 | $95,299 | $562,200 | $1,776 |
More for people moving to Falmouth
Falmouth ZIP code ›Weather and climate ›Living in Falmouth: FAQ
What is the median household income in Falmouth, MA?
The median household income in Falmouth is $93,043, 11% lower than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Falmouth?
The median home value in Falmouth is $629,900, compared with $562,100 in Massachusetts.
How much is rent in Falmouth?
The median gross rent in Falmouth is $1,451 per month, about 33% of household income.
Is Falmouth, MA a good place to live?
Pluses: an average commute of 24 minutes; a poverty rate of 9.6%. Minuses: median household income 11% lower than the Massachusetts median; home values 12% higher than the state median; unemployment of 6.3%.
What is the median age in Falmouth?
The median age in Falmouth is 56.6 years (Massachusetts: 40).
How long is the commute in Falmouth?
The average commute to work in Falmouth is 24 minutes; 19.3% of workers work from home.
What is the unemployment rate in Falmouth?
The unemployment rate in Falmouth is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Falmouth?
51.8% of adults in Falmouth have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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