Falling Water, TN
Population 2,090 · Tennessee
About Falling Water, TN
Falling Water is a small community in Tennessee with a population of 2,090 residents. The median household income is $113,160 per year, which is above the national average. The median age in Falling Water is 43.8 years.
Housing in Falling Water has a median home value of $398,400 and median monthly rent of $711. Of the 819 total housing units, the majority are owner-occupied, with 710 owner-occupied and 80 renter-occupied units.
The unemployment rate in Falling Water is 1.4% and the poverty rate is 3.7%. 45.3% of residents hold a bachelor's degree or higher. The average commute time is 28.6 minutes.
How Falling Water Ranks in Tennessee
Cost of Living in Falling Water, TN
Compared to national averages, Falling Water has a median household income of $113,160 (51% above the national median of $75,149). Home values average $398,400, which is 63% above the national median. Monthly rent at $711 is 39% below the US average of $1,163. Within Tennessee, Falling Water's income is 80% above the state average of $62,849, and home values are 86% above the state median of $214,371.
Why Live in Falling Water, TN?
Falling Water offers a strong local economy with a median household income of $113,160, well above the national average, and rent that’s lower than the national average at $711/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features a well-educated community where 45.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $398,400. However, Falling Water’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Falling Water has a population of 2,090 with a median age of 43.8 years. Compare Falling Water with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Falling Water
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Greenfield | 2,085 | $41,798 | $88,400 | Compare |
| Dover | 2,080 | $72,616 | $199,300 | Compare |
| Caryville | 2,079 | $61,932 | $193,300 | Compare |
| South Fulton | 2,106 | $51,875 | $87,400 | Compare |
| Lookout Mountain | 2,112 | $195,063 | $761,600 | Compare |
| South Carthage | 2,049 | $47,610 | $195,800 | Compare |
| Lakesite | 2,026 | $92,847 | $299,300 | Compare |
| Jamestown | 2,156 | $24,688 | $96,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Falling Water
What is the population of Falling Water, TN?
The population of Falling Water, TN is 2,090 according to the latest Census data.
What is the median household income in Falling Water?
The median household income in Falling Water, TN is $113,160 per year.
What is the median home value in Falling Water?
The median home value in Falling Water, TN is $398,400.
What is the average rent in Falling Water?
The median monthly rent in Falling Water, TN is $711.
What is the unemployment rate in Falling Water?
The unemployment rate in Falling Water, TN is 1.4%.