Falkville, AL
Population 1,464 · Alabama
About Falkville, AL
Falkville is a small community in Alabama with a population of 1,464 residents. The median household income is $43,145 per year, which is below the national average. The median age in Falkville is 56 years.
Housing in Falkville has a median home value of $118,300 and median monthly rent of $666. Of the 512 total housing units, the majority are owner-occupied, with 361 owner-occupied and 93 renter-occupied units.
The unemployment rate in Falkville is 2.7% and the poverty rate is 14.5%. 6.4% of residents hold a bachelor's degree or higher. The average commute time is 21.2 minutes.
Cost of Living in Falkville, AL
Compared to national averages, Falkville has a median household income of $43,145 (43% below the national median of $75,149). Home values average $118,300, which is 52% below the national median. Monthly rent at $666 is 43% below the US average of $1,163. Within Alabama, Falkville's income is 26% below the state average of $57,952, and home values are 26% below the state median of $159,358.
Why Live in Falkville, AL?
Falkville offers affordable housing with a median home value of $118,300, below the US average of $244,900, and rent that’s lower than the national average at $666/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features short commute times averaging just 21.2 minutes.
Potential considerations include median household income ($43,145) that falls below the national average. However, Falkville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Falkville has a population of 1,464 with a median age of 56 years. Compare Falkville with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Falkville
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Smoke Rise | 1,469 | $120,100 | $223,200 | Compare |
| Hayden | 1,453 | $80,625 | $233,500 | Compare |
| Samson | 1,477 | $31,964 | $77,700 | Compare |
| Elmore | 1,482 | $33,958 | $97,000 | Compare |
| Ardmore | 1,444 | $43,542 | $183,600 | Compare |
| Carbon Hill | 1,440 | $22,283 | $78,200 | Compare |
| New Brockton | 1,440 | $69,135 | $180,800 | Compare |
| Sulligent | 1,440 | $30,625 | $132,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Falkville
What is the population of Falkville, AL?
The population of Falkville, AL is 1,464 according to the latest Census data.
What is the median household income in Falkville?
The median household income in Falkville, AL is $43,145 per year.
What is the median home value in Falkville?
The median home value in Falkville, AL is $118,300.
What is the average rent in Falkville?
The median monthly rent in Falkville, AL is $666.
What is the unemployment rate in Falkville?
The unemployment rate in Falkville, AL is 2.7%.