Living in Falmouth, Michigan
Cost of living, income, home prices, rent and demographics of Falmouth · Census data 2020–2024
Falmouth has 222 residents with a median age of 34.8. The median home value is $145,000, the median rent is $869/month.
Falmouth is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Falmouth at a glance
- Population
- 222
- Median age
- 34.8State: 40.2
- Median home value
- $145,000State: $231,600
- Median rent
- $869/moState: $1,129
- Homeowners
- 80%
- Bachelor's degree or higher
- 15.2%
- Average commute
- 30 min
Is Falmouth a good place to live?
Pros: Home values 37% lower than the state median; a poverty rate of 9%.
Cons: An average commute of 30 minutes; unemployment of 9.9%.
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 $145,000, 56% lower than the U.S. median. Renters pay a median of $869 per month, which is 14.7% of household income. Homeowners with a mortgage pay $1,034 a month in housing costs.
Housing in Falmouth: homes for sale and rent
- Housing units
- 103
- Owner-occupied
- 80%
- Renter-occupied
- 20%
- Vacant
- 12.6%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.47
Falmouth demographics
- Population
- 222
- Median age
- 34.8
- Under 18
- 23.4%
- 65 and older
- 35.6%
- Households
- 90
- Foreign-born
- 0%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Falmouth ›
Education in Falmouth
15.2% of adults 25 and older in Falmouth have a bachelor's degree or higher (Michigan: 32.4%), and 0% have a graduate or professional degree.
Jobs and commute in Falmouth
- Unemployment rate
- 9.9%State: 5.7%
- Average commute
- 30 minState: 24 min
- Work from home
- 0%
- Drive alone
- 74%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 56.7%
Falmouth vs nearby towns
More for people moving to Falmouth
Falmouth ZIP code ›Weather and climate ›Living in Falmouth: FAQ
What is the average home price in Falmouth?
The median home value in Falmouth is $145,000, compared with $231,600 in Michigan.
How much is rent in Falmouth?
The median gross rent in Falmouth is $869 per month, about 14.7% of household income.
Is Falmouth, MI a good place to live?
Pluses: home values 37% lower than the state median; a poverty rate of 9%. Minuses: an average commute of 30 minutes; unemployment of 9.9%.
What is the median age in Falmouth?
The median age in Falmouth is 34.8 years (Michigan: 40.2).
How long is the commute in Falmouth?
The average commute to work in Falmouth is 30 minutes; 0% of workers work from home.
What is the unemployment rate in Falmouth?
The unemployment rate in Falmouth is 9.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Falmouth?
15.2% 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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