Falls Village, CT
Population 452 · Connecticut
About Falls Village, CT
Falls Village is a small community in Connecticut with a population of 452 residents. The median household income is $54,792 per year, which is near the national average. The median age in Falls Village is 43.5 years.
Housing in Falls Village has a median home value of $431,300 and median monthly rent of $2,096. Of the 262 total housing units, the majority are owner-occupied, with 172 owner-occupied and 21 renter-occupied units.
The unemployment rate in Falls Village is 0.0% and the poverty rate is 34.7%. 64.5% of residents hold a bachelor's degree or higher. The average commute time is 14.8 minutes.
Cost of Living in Falls Village, CT
Compared to national averages, Falls Village has a median household income of $54,792 (27% below the national median of $75,149). Home values average $431,300, which is 76% above the national median. Monthly rent at $2,096 is 80% above the US average of $1,163. Within Connecticut, Falls Village's income is 55% below the state average of $123,065, and home values are 17% below the state median of $516,920.
Why Live in Falls Village, CT?
Falls Village offers a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 64.5% of residents hold a bachelor’s degree or higher, and short commute times averaging just 14.8 minutes.
Potential considerations include median household income ($54,792) that falls below the national average, and a competitive housing market where the typical home costs $431,300. However, Falls Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Falls Village has a population of 452 with a median age of 43.5 years. Compare Falls Village with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Falls Village
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rock Ridge | 453 | $222,159 | $2,000,001 | Compare |
| Mamanasco Lake | 462 | $243,750 | $856,600 | Compare |
| Witches Woods | 472 | $250,001 | $431,800 | Compare |
| Indian Field | 430 | $250,001 | $2,000,001 | Compare |
| West Mountain | 418 | $250,001 | $833,300 | Compare |
| Sharon | 495 | $158,146 | $276,300 | Compare |
| Taylor Corners | 501 | $107,614 | $563,300 | Compare |
| Groton Long Point | 511 | $122,500 | $897,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Falls Village
What is the population of Falls Village, CT?
The population of Falls Village, CT is 452 according to the latest Census data.
What is the median household income in Falls Village?
The median household income in Falls Village, CT is $54,792 per year.
What is the median home value in Falls Village?
The median home value in Falls Village, CT is $431,300.
What is the average rent in Falls Village?
The median monthly rent in Falls Village, CT is $2,096.
What is the unemployment rate in Falls Village?
The unemployment rate in Falls Village, CT is 0.0%.