Fallon, NV
Population 9,371 · Nevada
About Fallon, NV
Fallon is a small community in Nevada with a population of 9,371 residents. The median household income is $65,699 per year, which is near the national average. The median age in Fallon is 35.4 years.
Housing in Fallon has a median home value of $262,700 and median monthly rent of $1,194. Of the 4,609 total housing units, renting is more common than owning, with 1,928 owner-occupied and 2,150 renter-occupied units.
The unemployment rate in Fallon is 4.8% and the poverty rate is 13.0%. 16.6% of residents hold a bachelor's degree or higher. The average commute time is 24.2 minutes.
How Fallon Ranks in Nevada
Cost of Living in Fallon, NV
Compared to national averages, Fallon has a median household income of $65,699 (13% below the national median of $75,149). Home values average $262,700, which is 7% above the national median. Monthly rent at $1,194 is 3% above the US average of $1,163. Within Nevada, Fallon's income is 20% below the state average of $81,841, and home values are 39% below the state median of $433,389.
Why Live in Fallon, NV?
Fallon offers short commute times averaging just 24.2 minutes.
Potential considerations include median household income ($65,699) that falls below the national average. However, Fallon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fallon has a population of 9,371 with a median age of 35.4 years. Compare Fallon with other cities to see how it stacks up, or explore all cities in Nevada.
Similar Cities Near Fallon
Cities in Nevada with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Incline Village | 9,152 | $162,821 | $1,315,700 | Compare |
| Laughlin | 8,643 | $45,248 | $255,000 | Compare |
| Winnemucca | 8,391 | $80,844 | $290,500 | Compare |
| Cold Springs | 11,223 | $82,450 | $417,800 | Compare |
| Moapa Valley | 6,699 | $83,571 | $360,600 | Compare |
| Gardnerville Ranchos | 12,185 | $87,971 | $464,800 | Compare |
| Johnson Lane | 6,405 | $105,871 | $708,200 | Compare |
| Gardnerville | 5,811 | $67,878 | $504,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nevada
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Fallon
What is the population of Fallon, NV?
The population of Fallon, NV is 9,371 according to the latest Census data.
What is the median household income in Fallon?
The median household income in Fallon, NV is $65,699 per year.
What is the median home value in Fallon?
The median home value in Fallon, NV is $262,700.
What is the average rent in Fallon?
The median monthly rent in Fallon, NV is $1,194.
What is the unemployment rate in Fallon?
The unemployment rate in Fallon, NV is 4.8%.