Living in Falls, Pennsylvania
Cost of living, income, home prices, rent and demographics of Falls · Census data 2020–2024
Falls has 1,624 residents with a median age of 47.8. The median household income is $74,191 (5% lower than the Pennsylvania median), the median home value is $242,700, the median rent is $731/month.
Falls at a glance
- Population
- 1,624
- Median age
- 47.8State: 40.9
- Median household income
- $74,191State: $77,971
- Median home value
- $242,700State: $254,500
- Median rent
- $731/moState: $1,209
- Homeowners
- 89.2%
- Bachelor's degree or higher
- 27.3%
- Average commute
- 26 min
Is Falls a good place to live?
Pros: Home values 5% lower than the state median; an average commute of 26 minutes; unemployment of 4.6%; a poverty rate of 11.6%.
Cons: Median household income 5% lower than the Pennsylvania median.
The weather is best in June to September.
Cost of living in Falls
Housing is the biggest part of the cost of living. In Falls the median home value is $242,700, 27% lower than the U.S. median. Renters pay a median of $731 per month, which is 24% of household income. Homeowners with a mortgage pay $1,596 a month in housing costs.
Falls median household income
The median household income in Falls is $74,191 and the income per person is $41,472. 11.6% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Falls: homes for sale and rent
- Housing units
- 830
- Owner-occupied
- 89.2%
- Renter-occupied
- 10.8%
- Vacant
- 9.5%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.13
Falls demographics
- Population
- 1,624
- Median age
- 47.8
- Under 18
- 15.8%
- 65 and older
- 24.6%
- Households
- 751
- Foreign-born
- 1.8%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Falls ›
Education in Falls
27.3% of adults 25 and older in Falls have a bachelor's degree or higher (Pennsylvania: 35.2%), and 10.7% have a graduate or professional degree.
Jobs and commute in Falls
- Unemployment rate
- 4.6%State: 5.3%
- Average commute
- 26 minState: 26 min
- Work from home
- 5.4%
- Drive alone
- 79.2%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 84.6%
Falls vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Falls | 1,624 | $74,191 | $242,700 | $731 |
| West Falls | 379 | $59,286 | $145,800 | $1,049 |
| Lake Winola | 572 | $48,866 | $174,700 | $945 |
| Exeter | 726 | $68,269 | $188,900 | $1,021 |
| Overfield | 1,437 | $64,750 | $224,200 | $959 |
| West Abington | 290 | $87,500 | $319,100 | — |
| Newton | 2,897 | $107,847 | $326,300 | $996 |
| Glenburn | 1,207 | $88,333 | $293,000 | $1,225 |
| Upper Exeter | 1,004 | $85,552 | $221,700 | — |
More for people moving to Falls
Falls ZIP code ›Weather and climate ›Living in Falls: FAQ
What is the median household income in Falls, PA?
The median household income in Falls is $74,191, 5% lower than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Falls?
The median home value in Falls is $242,700, compared with $254,500 in Pennsylvania.
How much is rent in Falls?
The median gross rent in Falls is $731 per month, about 24% of household income.
Is Falls, PA a good place to live?
Pluses: home values 5% lower than the state median; an average commute of 26 minutes; unemployment of 4.6%; a poverty rate of 11.6%. Minuses: median household income 5% lower than the Pennsylvania median.
What is the median age in Falls?
The median age in Falls is 47.8 years (Pennsylvania: 40.9).
How long is the commute in Falls?
The average commute to work in Falls is 26 minutes; 5.4% of workers work from home.
What is the unemployment rate in Falls?
The unemployment rate in Falls is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Falls?
27.3% of adults in Falls 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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