Falling Spring, WV
Population 148 · West Virginia
About Falling Spring, WV
Falling Spring is a small community located in West Virginia with a population of 148 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,750 per year, which is 42% below the national median of $75,149. The median age of 59.8 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 Falling Spring features a median home value of $85,000, which is 65% below the national median of $244,900. This makes Falling Spring one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 123 total housing units, 90% are owner-occupied (65 units) and 10% are renter-occupied (7 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Falling Spring 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 0.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Falling Spring have an average one-way commute time of 30 minutes.
Education & Demographics
15.8% of Falling Spring 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 Falling Spring, WV
Compared to national averages, Falling Spring has a median household income of $43,750 (42% below the national median of $75,149). Home values average $85,000, which is 65% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within West Virginia, Falling Spring's income is 19% below the state average of $54,014, and home values are 34% below the state median of $128,301.
Why Live in Falling Spring, WV?
Falling Spring offers affordable housing with a median home value of $85,000, below the US average of $244,900, 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 0.7%, better than the national average.
Potential considerations include median household income ($43,750) that falls below the national average. However, Falling Spring’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Falling Spring has a population of 148 with a median age of 59.8 years. Compare Falling Spring with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near Falling Spring
Cities in West Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Justice Addition | 147 | $0 | $109,300 | Compare |
| St. George | 145 | $87,557 | $801,100 | Compare |
| Quinwood | 152 | $25,417 | $70,800 | Compare |
| Baxter | 153 | $7,198 | $93,500 | Compare |
| Crum | 143 | $0 | $0 | Compare |
| Camden-on-Gauley | 154 | $52,656 | $90,400 | Compare |
| Arbovale | 155 | $0 | $0 | Compare |
| Falls View | 155 | $0 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in West Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Falling Spring With Other Cities
Frequently Asked Questions about Falling Spring
What is the population of Falling Spring, WV?
The population of Falling Spring, WV is 148 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in West Virginia.
What is the median household income in Falling Spring?
The median household income in Falling Spring, WV is $43,750 per year, which is 42% below the national median of $75,149.
What is the median home value in Falling Spring?
The median home value in Falling Spring, WV is $85,000, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Falling Spring?
The median monthly rent in Falling Spring, WV is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Falling Spring?
The unemployment rate in Falling Spring, WV is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Falling Spring, WV a good place to live?
Falling Spring offers a moderate cost of living, affordable housing, and a strong job market. With a population of 148 and a median age of 59.8, the city appeals to established professionals and retirees.
How educated is Falling Spring, WV?
15.8% of residents in Falling Spring 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 Falling Spring?
Key cost-of-living indicators for Falling Spring, WV: median home value is $85,000 (65% below national), median rent is $0/month, and median household income is $43,750. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Falling Spring?
The poverty rate in Falling Spring, WV is 0.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Falling Spring, WV?
Falling Spring'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.