Living in Falls, Pennsylvania

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

Falls has 34,552 residents with a median age of 38.9. The median household income is $93,223 (20% higher than the Pennsylvania median), the median home value is $361,900, the median rent is $1,465/month.

Falls at a glance

Population
34,552
Median age
38.9State: 40.9
Median household income
$93,223State: $77,971
Median home value
$361,900State: $254,500
Median rent
$1,465/moState: $1,209
Homeowners
72.9%
Bachelor's degree or higher
28.3%
Average commute
25 min

Is Falls a good place to live?

Pros: Median household income 20% higher than the Pennsylvania median; an average commute of 25 minutes; unemployment of 4.9%; a poverty rate of 7.6%.

Cons: Home values 42% higher than the state median.

The weather is best in May–June and August–September.

Cost of living in Falls

Housing is the biggest part of the cost of living. In Falls the median home value is $361,900, 9% higher than the U.S. median. Renters pay a median of $1,465 per month, which is 33.5% of household income. Homeowners with a mortgage pay $2,154 a month in housing costs.

Median home value

Falls$361,900
Pennsylvania$254,500
United States$332,700

Median monthly rent

Falls$1,465
Pennsylvania$1,209
United States$1,413

Falls median household income

The median household income in Falls is $93,223 and the income per person is $44,640. 7.6% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Falls$93,223
Pennsylvania$77,971
United States$80,734

Housing in Falls: homes for sale and rent

Housing units
13,622
Owner-occupied
72.9%
Renter-occupied
27.1%
Vacant
3%Includes seasonal homes
Median year built
1962
Average household size
2.61

Falls demographics

Population
34,552
Median age
38.9
Under 18
21.9%
65 and older
15.4%
Households
13,214
Foreign-born
10.3%
Veterans
4.8%Adults 18+

Race and ethnicity

White81.8%
Hispanic or Latino5.7%
Black6.2%
Asian3.4%

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

Education in Falls

28.3% of adults 25 and older in Falls have a bachelor's degree or higher (Pennsylvania: 35.2%), and 8.4% have a graduate or professional degree.

Bachelor's degree or higher

Falls28.3%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Falls

Unemployment rate
4.9%State: 5.3%
Average commute
25 minState: 26 min
Work from home
11.9%
Drive alone
75.1%
Public transit
2.3%
Walk to work
1.3%
Homes with broadband
95%

Falls vs nearby towns

TownPopulationMedian incomeHome valueRent
Falls34,552$93,223$361,900$1,465
Morrisville9,752$99,526$292,200$1,044
Tullytown2,358$65,185$346,700$1,325
Trenton90,338$52,537$160,700$1,294
Fairless Hills8,827$80,807$358,800$1,366
Levittown50,926$105,071$341,300$1,556
Fieldsboro649$91,500$350,000$2,231
Roebling3,452$88,750$198,200$1,818
White Horse10,507$105,758$308,200$2,046

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 $93,223, 20% higher 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 $361,900, compared with $254,500 in Pennsylvania.

How much is rent in Falls?

The median gross rent in Falls is $1,465 per month, about 33.5% of household income.

Is Falls, PA a good place to live?

Pluses: median household income 20% higher than the Pennsylvania median; an average commute of 25 minutes; unemployment of 4.9%; a poverty rate of 7.6%. Minuses: home values 42% higher than the state median.

What is the median age in Falls?

The median age in Falls is 38.9 years (Pennsylvania: 40.9).

How long is the commute in Falls?

The average commute to work in Falls is 25 minutes; 11.9% of workers work from home.

What is the unemployment rate in Falls?

The unemployment rate in Falls is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Falls?

28.3% 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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