Falmouth, MI
Population 189 · Michigan
About Falmouth, MI
Falmouth is a small community in Michigan with a population of 189 residents. The median household income is $26,058 per year, which is below the national average. The median age in Falmouth is 52.8 years.
Housing in Falmouth has a median home value of $124,000 and median monthly rent of $850. Of the 95 total housing units, the majority are owner-occupied, with 73 owner-occupied and 16 renter-occupied units.
The unemployment rate in Falmouth is 9.0% and the poverty rate is 16.9%. 15.4% of residents hold a bachelor's degree or higher. The average commute time is 32.7 minutes.
Cost of Living in Falmouth, MI
Compared to national averages, Falmouth has a median household income of $26,058 (65% below the national median of $75,149). Home values average $124,000, which is 49% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Michigan, Falmouth's income is 61% below the state average of $66,017, and home values are 32% below the state median of $183,391.
Why Live in Falmouth, MI?
Falmouth offers affordable housing with a median home value of $124,000, below the US average of $244,900, and rent that’s lower than the national average at $850/month.
Potential considerations include median household income ($26,058) 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 189 with a median age of 52.8 years. Compare Falmouth with other cities to see how it stacks up, or explore all cities in Michigan.
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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, MI?
The population of Falmouth, MI is 189 according to the latest Census data.
What is the median household income in Falmouth?
The median household income in Falmouth, MI is $26,058 per year.
What is the median home value in Falmouth?
The median home value in Falmouth, MI is $124,000.
What is the average rent in Falmouth?
The median monthly rent in Falmouth, MI is $850.
What is the unemployment rate in Falmouth?
The unemployment rate in Falmouth, MI is 9.0%.