Falmouth, MA
Population 3,996 · Massachusetts
About Falmouth, MA
Falmouth is a small town located in Massachusetts with a population of 3,996 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,267 per year, which is 9% below the national median of $75,149. The median age of 63.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Falmouth features a median home value of $745,900, which is 205% above the national median of $244,900. This places Falmouth in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,175, 1% above the national average of $1,163/month. Of the 3,275 total housing units, 54% are owner-occupied (1,133 units) and 46% are renter-occupied (977 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Falmouth shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 23.4%, above the national average of 12.4%. Workers in Falmouth have an average one-way commute time of 18.9 minutes, one of the shorter commutes in the region.
Education & Demographics
51.8% of Falmouth residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 3.6% White, 7.7% Hispanic or Latino, 0.0% Black or African American, and 1.0% Asian residents, with 15.7% of the population being foreign-born.
Cost of Living in Falmouth, MA
Compared to national averages, Falmouth has a median household income of $68,267 (9% below the national median of $75,149). Home values average $745,900, which is 205% above the national median. Monthly rent at $1,175 is 1% above the US average of $1,163. Within Massachusetts, Falmouth's income is 35% below the state average of $105,630, and home values are 33% above the state median of $561,296.
Why Live in Falmouth, MA?
Falmouth offers a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 51.8% of residents hold a bachelor’s degree or higher, and short commute times averaging just 18.9 minutes.
Potential considerations include median household income ($68,267) that falls below the national average, and a competitive housing market where the typical home costs $745,900. However, Falmouth’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Falmouth has a population of 3,996 with a median age of 63.1 years. Compare Falmouth with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Falmouth
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sagamore | 3,958 | $132,000 | $562,600 | Compare |
| Turners Falls | 3,949 | $56,729 | $235,500 | Compare |
| North Pembroke | 3,924 | $177,703 | $521,400 | Compare |
| Hopedale | 4,126 | $111,016 | $399,100 | Compare |
| Orange | 3,793 | $53,014 | $217,200 | Compare |
| Northwest Harwich | 4,205 | $89,063 | $596,800 | Compare |
| Westborough | 4,234 | $100,037 | $540,600 | Compare |
| Wilbraham | 4,247 | $88,409 | $361,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Falmouth With Other Cities
Frequently Asked Questions about Falmouth
What is the population of Falmouth, MA?
The population of Falmouth, MA is 3,996 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Massachusetts.
What is the median household income in Falmouth?
The median household income in Falmouth, MA is $68,267 per year, which is 9% below the national median of $75,149.
What is the median home value in Falmouth?
The median home value in Falmouth, MA is $745,900, which is 205% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Falmouth?
The median monthly rent in Falmouth, MA is $1,175, which is 1% above the national average of $1,163/month.
What is the unemployment rate in Falmouth?
The unemployment rate in Falmouth, MA is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Falmouth, MA a good place to live?
Falmouth offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 3,996 and a median age of 63.1, the city appeals to established professionals and retirees.
How educated is Falmouth, MA?
51.8% of residents in Falmouth aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Falmouth?
Key cost-of-living indicators for Falmouth, MA: median home value is $745,900 (205% above national), median rent is $1,175/month, and median household income is $68,267. The home-value-to-income ratio is 10.9x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Falmouth?
The poverty rate in Falmouth, MA is 23.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Falmouth, MA?
Falmouth's population is 3.6% White, 7.7% Hispanic or Latino, 0.0% Black or African American, 1.0% Asian, and 1.3% two or more races. 15.7% of residents are foreign-born.