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Falls church, VA

Population 14,067

1.5924% 1 Year Growth

Median Household Income $124,796

8.0139% 1- Year Growth

Median Property Value $757.3K

2.0203% 1-Year Growth

About

In 2018, Falls church, VA had a population of $14.1K people with a median age of 38.8 and a median household income of $124,796. Between 2017 and 2018 thepopulation of Falls church, VA grew from 14,067 to 13,843, a 1.5924% increase and its mediam household income grew from $114,795 to $124,796, a 8.0139% increase.
The 5 largest ethnic groups in Falls church, VA are Asian (Non-Hispanic) (0%), White (Non Hispanic) (0%). White (Hispanic (0%). Other (Hispanic) (0%), and Two+(Non-Hispanic) (0%). NaNk% of the people in Falls church, VA speak a non-English language, and 1.5924% are U.S. citizens.
The median property value in Falls church, VA is $1.07M, and the homeownership rate is 59%. Most people in Falls church, VA commute by Drove Alone, and the average commute time is 27.52 minutes. The average car ownership in Falls church, VA is 2 cars per household.

Housing & Living

The median property value in Falls church, VA was $757.3K in 2018, which is 4.65 times larger than the national average of $229,700. Between 2017 and 2018 the median property value increased from $994,400 to
$1.07M, a 7.48% increae. The homeownership rate in Falls church, VA is 59%, which is lower than the national average of 63.9%. People in Falls church, VA have an average commute time of 27.52 minutes, and they
commute by Drove Alone. Car ownership in Falls church, VA is approximately the same as the national average, with an average of 2 cars per household.

Property value

  • $757.3K 2018 median ± $124,796
  • $742,000 2017 Median ± $114,795

In 2018, the median propery value in Falls church, VA grew to $757.3K from the previous year's value of $742000.

The following charts display, first, the property values in Falls church, VA compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Falls church, VA the largest share of households have a property value in the N/A range.

Property Taxes

  • $3.2K AVERAGE RANGE

This chart shows the households in California distributed between a series of property tax buckets compared to the national averages for each bucket. In California the largest share of households pay taxes in the $3.2K range.

economy

In 2018, Falls church, VA had a population of $14.1K people with a median age of 38.8 and a median household income of $124,796. Between 2017 and 2018 thepopulation of Falls church, VA grew from 13,843 to 14,067, a 1.5924% increase and its mediam household income grew from $114,795 to $124,796, a 8.0139% increase.
The 5 largest ethnic groups in Falls church, VA are Asian (Non-Hispanic) (0%), White (Non Hispanic) (0%). White (Hispanic (0%). Other (Hispanic) (0%), and Two+(Non-Hispanic) (0%). NaNk% of the people in Falls church, VA speak a non-English language, and 1.5924% are U.S. citizens.
The median property value in Falls church, VA is $757.3K, and the homeownership rate is 59%. Most people in Falls church, VA commute by Drove Alone, and the average commute time is 27.52 minutes. The average car ownership in Falls church, VA is 2 cars per household.

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