Falmouth, KY
Population 2,577 · Kentucky
About Falmouth, KY
Falmouth is a small community in Kentucky with a population of 2,577 residents. The median household income is $38,177 per year, which is below the national average. The median age in Falmouth is 39.2 years.
Housing in Falmouth has a median home value of $111,300 and median monthly rent of $846. Of the 1,261 total housing units, renting is more common than owning, with 502 owner-occupied and 505 renter-occupied units.
The unemployment rate in Falmouth is 4.3% and the poverty rate is 28.2%. 9.4% of residents hold a bachelor's degree or higher. The average commute time is 33 minutes.
Cost of Living in Falmouth, KY
Compared to national averages, Falmouth has a median household income of $38,177 (49% below the national median of $75,149). Home values average $111,300, which is 55% below the national median. Monthly rent at $846 is 27% below the US average of $1,163. Within Kentucky, Falmouth's income is 42% below the state average of $66,273, and home values are 39% below the state median of $182,504.
Why Live in Falmouth, KY?
Falmouth offers affordable housing with a median home value of $111,300, below the US average of $244,900, and rent that’s lower than the national average at $846/month.
Potential considerations include median household income ($38,177) that falls below the national average. However, Falmouth’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Falmouth has a population of 2,577 with a median age of 39.2 years. Compare Falmouth with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Falmouth
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cave City | 2,545 | $33,672 | $108,100 | Compare |
| Calvert City | 2,522 | $42,566 | $157,400 | Compare |
| Masonville | 2,634 | $89,102 | $228,600 | Compare |
| Louisa | 2,645 | $41,250 | $144,900 | Compare |
| Cadiz | 2,649 | $40,186 | $120,800 | Compare |
| Hartford | 2,653 | $61,313 | $103,800 | Compare |
| Tompkinsville | 2,672 | $37,405 | $86,100 | Compare |
| Thruston | 2,675 | $83,707 | $160,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Falmouth
What is the population of Falmouth, KY?
The population of Falmouth, KY is 2,577 according to the latest Census data.
What is the median household income in Falmouth?
The median household income in Falmouth, KY is $38,177 per year.
What is the median home value in Falmouth?
The median home value in Falmouth, KY is $111,300.
What is the average rent in Falmouth?
The median monthly rent in Falmouth, KY is $846.
What is the unemployment rate in Falmouth?
The unemployment rate in Falmouth, KY is 4.3%.