Living in Falling Waters, West Virginia
Cost of living, income, home prices, rent and demographics of Falling Waters · Census data 2020–2024
Falling Waters has 2,183 residents with a median age of 32.6. The median household income is $88,466 (48% higher than the West Virginia median), the median home value is $212,900, the median rent is $1,320/month.
Falling Waters at a glance
- Population
- 2,183
- Median age
- 32.6State: 42.7
- Median household income
- $88,466State: $59,608
- Median home value
- $212,900State: $162,600
- Median rent
- $1,320/moState: $872
- Homeowners
- 57.1%
- Bachelor's degree or higher
- 20.1%
- Average commute
- 23 min
Is Falling Waters a good place to live?
Pros: Median household income 48% higher than the West Virginia median; an average commute of 23 minutes; a poverty rate of 4.3%.
Cons: Home values 31% higher than the state median; unemployment of 10.8%.
The weather is best in May–June and September–October.
Cost of living in Falling Waters
Housing is the biggest part of the cost of living. In Falling Waters the median home value is $212,900, 36% lower than the U.S. median. Renters pay a median of $1,320 per month, which is 18.5% of household income. Homeowners with a mortgage pay $1,335 a month in housing costs.
Falling Waters median household income
The median household income in Falling Waters is $88,466 and the income per person is $30,202. 4.3% of residents live below the poverty line (West Virginia: 16.7%).
Housing in Falling Waters: homes for sale and rent
- Housing units
- 758
- Owner-occupied
- 57.1%
- Renter-occupied
- 42.9%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1999
- Average household size
- 2.88
Falling Waters demographics
- Population
- 2,183
- Median age
- 32.6
- Under 18
- 29%
- 65 and older
- 11.9%
- Households
- 758
- Foreign-born
- 0.9%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Falling Waters ›
Education in Falling Waters
20.1% of adults 25 and older in Falling Waters have a bachelor's degree or higher (West Virginia: 24.1%), and 2.6% have a graduate or professional degree.
Jobs and commute in Falling Waters
- Unemployment rate
- 10.8%State: 5.4%
- Average commute
- 23 minState: 27 min
- Work from home
- 7.6%
- Drive alone
- 88.3%
- Public transit
- 0%
- Walk to work
- 2.1%
- Homes with broadband
- 89.6%
Falling Waters vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Falling Waters | 2,183 | $88,466 | $212,900 | $1,320 |
| Williamsport | 1,949 | $61,607 | $227,900 | $1,262 |
| Downsville | 958 | $220,063 | $342,700 | — |
| Hedgesville | 379 | $89,141 | $207,800 | $1,357 |
| Clear Spring | 342 | $47,375 | $175,000 | $1,352 |
| Wilson-Conococheague | 1,663 | $64,296 | $224,600 | $1,169 |
| Halfway | 10,849 | $71,036 | $253,300 | $1,269 |
| St. James | 4,824 | $97,361 | $409,000 | $1,289 |
| Fairplay | 511 | $120,652 | $296,800 | — |
More for people moving to Falling Waters
Falling Waters ZIP code ›Weather and climate ›Living in Falling Waters: FAQ
What is the median household income in Falling Waters, WV?
The median household income in Falling Waters is $88,466, 48% higher than the West Virginia median of $59,608 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Falling Waters?
The median home value in Falling Waters is $212,900, compared with $162,600 in West Virginia.
How much is rent in Falling Waters?
The median gross rent in Falling Waters is $1,320 per month, about 18.5% of household income.
Is Falling Waters, WV a good place to live?
Pluses: median household income 48% higher than the West Virginia median; an average commute of 23 minutes; a poverty rate of 4.3%. Minuses: home values 31% higher than the state median; unemployment of 10.8%.
What is the median age in Falling Waters?
The median age in Falling Waters is 32.6 years (West Virginia: 42.7).
How long is the commute in Falling Waters?
The average commute to work in Falling Waters is 23 minutes; 7.6% of workers work from home.
What is the unemployment rate in Falling Waters?
The unemployment rate in Falling Waters is 10.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Falling Waters?
20.1% of adults in Falling Waters 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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