Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.8 yrs |
|---|---|
| Avg HH Size | 2.35 |
| Below Poverty | 13.8% ▲ 38% above avg |
| College Grads | 61.8% ▲ 60% above avg |
| Unemployment | 2.4% ▼ 51% below avg |
| No HS Diploma | 3 (0.3%) |
| HS Graduate | 202 (20.5%) |
| Some College | 78 (7.9%) |
| Associates | 93 (9.4%) |
| Bachelors | 50 (5.1%) |
| Graduate Degree | 559 (56.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $99,219 ▲ 30% above avg |
|---|---|
| Median Home Value | $465,100 ▲ 67% above avg |
| Home/Income Ratio | 4.7x (nat avg ~3.5x) |
| Median Rent | $1,802/mo |
| Total Housing Units | 795 |
| Vacant Units | 205 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Falls Village is a city in Connecticut, located in Northwest Hills County. The city spans 1 ZIP code and is home to approximately 1,385 residents. It is a mature city, with a median age of 54.8 years.
Economically, Falls Village is a middle-income community. The median household income of $99,219 is above the national average. Approximately 13.8% of residents live below the poverty line. The unemployment rate is 2.4%, well below the national average.
The real estate market in Falls Village is a premium housing market. Median home values stand at $465,100, which is significantly above the national average. Renters typically pay around $1,802 per month. Homeownership is high at 82.2%, typical of suburban and family-oriented communities.
The population of Falls Village is highly educated. 61.8% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (92.71%).
Falls Village, CT offers residents above-average earning potential within Connecticut.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 06031 | 1,385 | $99,219 | $465,100 | $1,802 | 2.4% | 61.8% | 82.2% |