Falmouth, PA
Population 508 · Pennsylvania
About Falmouth, PA
Falmouth is a small community located in Pennsylvania with a population of 508 residents according to the latest US Census Bureau American Community Survey data. The median household income is $97,386 per year, which is 30% above the national median of $75,149. The median age of 34.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Falmouth features a median home value of $270,800, which is 11% above the national median of $244,900. This positions Falmouth 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 193 total housing units, 100% are owner-occupied (193 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Falmouth 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Falmouth have an average one-way commute time of 29.3 minutes.
Education & Demographics
20.1% of Falmouth residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Falmouth, PA
Compared to national averages, Falmouth has a median household income of $97,386 (30% above the national median of $75,149). Home values average $270,800, which is 11% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Pennsylvania, Falmouth's income is 33% above the state average of $73,376, and home values are 42% above the state median of $190,903.
Why Live in Falmouth, PA?
Falmouth offers a strong local economy with a median household income of $97,386, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Falmouth has a population of 508 with a median age of 34.4 years. Compare Falmouth with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Falmouth
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Auburn | 508 | $67,679 | $182,300 | Compare |
| Lorain | 509 | $52,727 | $58,300 | Compare |
| Mount Aetna | 509 | $79,375 | $326,500 | Compare |
| Robinson | 509 | $56,250 | $56,400 | Compare |
| Dunlo | 504 | $140,306 | $0 | Compare |
| South Philipsburg | 512 | $59,167 | $0 | Compare |
| Clintonville | 503 | $44,844 | $97,200 | Compare |
| Cross Roads | 513 | $93,750 | $244,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
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, PA?
The population of Falmouth, PA is 508 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in Falmouth?
The median household income in Falmouth, PA is $97,386 per year, which is 30% above the national median of $75,149.
What is the median home value in Falmouth?
The median home value in Falmouth, PA is $270,800, which is 11% 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, PA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Falmouth?
The unemployment rate in Falmouth, PA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Falmouth, PA a good place to live?
Falmouth offers above-average incomes, a competitive housing market, and a strong job market. With a population of 508 and a median age of 34.4, the city appeals to young professionals and families.
How educated is Falmouth, PA?
20.1% of residents in Falmouth aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Falmouth?
Key cost-of-living indicators for Falmouth, PA: median home value is $270,800 (11% above national), median rent is $0/month, and median household income is $97,386. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Falmouth?
The poverty rate in Falmouth, PA is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Falmouth, PA?
Falmouth's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.