Falcon, NC
Population 185 · North Carolina
About Falcon, NC
Falcon is a small community located in North Carolina with a population of 185 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,208 per year, which is 7% above the national median of $75,149. The median age of 67.8 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 Falcon features a median home value of $177,100, which is 28% below the national median of $244,900. This positions Falcon in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 55 total housing units, 100% are owner-occupied (25 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Falcon shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 44.2%, above the national average of 12.4%. Workers in Falcon have an average one-way commute time of 48.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
40.9% of Falcon residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Falcon, NC
Compared to national averages, Falcon has a median household income of $80,208 (7% above the national median of $75,149). Home values average $177,100, which is 28% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within North Carolina, Falcon's income is 24% above the state average of $64,468, and home values are 23% below the state median of $228,922.
Why Live in Falcon, NC?
Falcon offers a strong local economy with a median household income of $80,208, well above the national average, and affordable housing with a median home value of $177,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 40.9% of residents hold a bachelor’s degree or higher.
Falcon has a population of 185 with a median age of 67.8 years. Compare Falcon with other cities to see how it stacks up, or explore all cities in North Carolina.
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Demographics
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Economy & Education
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Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Falcon
What is the population of Falcon, NC?
The population of Falcon, NC is 185 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Carolina.
What is the median household income in Falcon?
The median household income in Falcon, NC is $80,208 per year, which is 7% above the national median of $75,149.
What is the median home value in Falcon?
The median home value in Falcon, NC is $177,100, which is 28% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Falcon?
The median monthly rent in Falcon, NC is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Falcon?
The unemployment rate in Falcon, NC is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Falcon, NC a good place to live?
Falcon offers above-average incomes, affordable housing, and a strong job market. With a population of 185 and a median age of 67.8, the city appeals to established professionals and retirees.
How educated is Falcon, NC?
40.9% of residents in Falcon 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 Falcon?
Key cost-of-living indicators for Falcon, NC: median home value is $177,100 (28% below national), median rent is $0/month, and median household income is $80,208. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Falcon?
The poverty rate in Falcon, NC is 44.2%, 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 Falcon, NC?
Falcon's population is 2.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 7.0% two or more races. 2.2% of residents are foreign-born.