Living in Falkner, Mississippi
Cost of living, income, home prices, rent and demographics of Falkner · Census data 2020–2024
Falkner has 760 residents with a median age of 37.8. The median household income is $58,472 (4% higher than the Mississippi median), the median home value is $100,400, the median rent is $825/month.
Falkner is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Falkner at a glance
- Population
- 760
- Median age
- 37.8State: 38.6
- Median household income
- $58,472State: $56,447
- Median home value
- $100,400State: $169,800
- Median rent
- $825/moState: $954
- Homeowners
- 92.7%
- Bachelor's degree or higher
- 14.8%
- Average commute
- 18 min
Is Falkner a good place to live?
Pros: Median household income 4% higher than the Mississippi median; home values 41% lower than the state median; an average commute of 18 minutes; a poverty rate of 7.6%.
Cons: Unemployment of 11%.
The weather is best in April–May and September–October.
Cost of living in Falkner
Housing is the biggest part of the cost of living. In Falkner the median home value is $100,400, 70% lower than the U.S. median. Renters pay a median of $825 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,333 a month in housing costs.
Falkner median household income
The median household income in Falkner is $58,472 and the income per person is $23,860. 7.6% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Falkner: homes for sale and rent
- Housing units
- 322
- Owner-occupied
- 92.7%
- Renter-occupied
- 7.3%
- Vacant
- 19.3%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.92
Falkner demographics
- Population
- 760
- Median age
- 37.8
- Under 18
- 27.6%
- 65 and older
- 18.2%
- Households
- 260
- Foreign-born
- 4.6%
- Veterans
- 1.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Falkner ›
Education in Falkner
14.8% of adults 25 and older in Falkner have a bachelor's degree or higher (Mississippi: 25.1%), and 12% have a graduate or professional degree.
Jobs and commute in Falkner
- Unemployment rate
- 11%State: 5.8%
- Average commute
- 18 minState: 26 min
- Work from home
- 0%
- Drive alone
- 93.7%
- Public transit
- 0%
- Walk to work
- 1.4%
- Homes with broadband
- 76.5%
Falkner vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Falkner | 760 | $58,472 | $100,400 | $825 |
| Ripley | 5,377 | $55,444 | $117,200 | $735 |
| Walnut | 699 | $27,159 | $97,000 | $512 |
| Blue Mountain | 1,232 | $49,667 | $79,700 | $718 |
| Ashland | 657 | $38,482 | $98,800 | $713 |
| Essary Springs | 154 | $39,805 | $205,500 | — |
| Dumas | 303 | $56,500 | $116,200 | $688 |
| Middleton | 743 | $36,250 | $122,100 | $754 |
| Snow Lake Shores | 384 | $48,000 | $167,400 | — |
More for people moving to Falkner
Falkner ZIP code ›Weather and climate ›Living in Falkner: FAQ
What is the median household income in Falkner, MS?
The median household income in Falkner is $58,472, 4% higher than the Mississippi median of $56,447 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Falkner?
The median home value in Falkner is $100,400, compared with $169,800 in Mississippi.
How much is rent in Falkner?
The median gross rent in Falkner is $825 per month, about 22.5% of household income.
Is Falkner, MS a good place to live?
Pluses: median household income 4% higher than the Mississippi median; home values 41% lower than the state median; an average commute of 18 minutes; a poverty rate of 7.6%. Minuses: unemployment of 11%.
What is the median age in Falkner?
The median age in Falkner is 37.8 years (Mississippi: 38.6).
How long is the commute in Falkner?
The average commute to work in Falkner is 18 minutes; 0% of workers work from home.
What is the unemployment rate in Falkner?
The unemployment rate in Falkner is 11% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Falkner?
14.8% of adults in Falkner 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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