Living in Falcon, North Carolina

Cost of living, income, home prices, rent and demographics of Falcon · Census data 2020–2024

Falcon has 272 residents with a median age of 58.5. The median home value is $204,200.

Falcon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Falcon at a glance

Population
272
Median age
58.5State: 39.1
Median home value
$204,200State: $288,900
Homeowners
77.5%
Bachelor's degree or higher
24.7%
Average commute
39 min

Is Falcon a good place to live?

Pros: Home values 29% lower than the state median; unemployment of 1.8%.

Cons: An average commute of 39 minutes; a poverty rate of 44.5%.

The weather is best in April–May and September–October.

Cost of living in Falcon

Housing is the biggest part of the cost of living. In Falcon the median home value is $204,200, 39% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,813 a month in housing costs.

Median home value

Falcon$204,200
North Carolina$288,900
United States$332,700

Median monthly rent

North Carolina$1,228
United States$1,413

Housing in Falcon: homes for sale and rent

Housing units
62
Owner-occupied
77.5%
Renter-occupied
22.5%
Vacant
35.5%Includes seasonal homes
Median year built
1985
Average household size
2.70

35.5% of homes are vacant most of the year, a sign that Falcon has many vacation and second homes.

Falcon demographics

Population
272
Median age
58.5
Under 18
21%
65 and older
36%
Households
40
Foreign-born
3.3%
Veterans
10.7%Adults 18+

Race and ethnicity

White72.1%
Hispanic or Latino8.1%
Black19.9%
Asian0%

Hispanic or Latino can be of any race. Population history of Falcon ›

Education in Falcon

24.7% of adults 25 and older in Falcon have a bachelor's degree or higher (North Carolina: 35.7%), and 19.2% have a graduate or professional degree.

Bachelor's degree or higher

Falcon24.7%
North Carolina35.7%
United States35.7%

Jobs and commute in Falcon

Unemployment rate
1.8%State: 4.7%
Average commute
39 minState: 25 min
Work from home
13%
Drive alone
74.1%
Public transit
0%
Walk to work
9.3%
Homes with broadband
92.5%

Falcon vs nearby towns

TownPopulationMedian incomeHome valueRent
Falcon272—$204,200—
Godwin203$53,542$158,300$663
Wade518$70,938$215,000—
Plain View1,741$53,636$200,900$894
Linden129$66,250$150,000$788
Dunn8,559$46,830$193,900$788
Erwin4,687$50,701$161,100$1,112
Spivey's Corner954$43,938$85,400—
Bunnlevel844$74,818$189,100$959

More for people moving to Falcon

Falcon ZIP code ›Weather and climate ›

Living in Falcon: FAQ

What is the average home price in Falcon?

The median home value in Falcon is $204,200, compared with $288,900 in North Carolina.

Is Falcon, NC a good place to live?

Pluses: home values 29% lower than the state median; unemployment of 1.8%. Minuses: an average commute of 39 minutes; a poverty rate of 44.5%.

What is the median age in Falcon?

The median age in Falcon is 58.5 years (North Carolina: 39.1).

How long is the commute in Falcon?

The average commute to work in Falcon is 39 minutes; 13% of workers work from home.

What is the unemployment rate in Falcon?

The unemployment rate in Falcon is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Falcon?

24.7% of adults in Falcon 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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