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CITY · 2020 ACS

Falmouth

Maine · 1,988 residents · 2.403 sq mi
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The short version

Falmouth is significantly wealthier than the US average, with a median household income of $99,605. Population has held roughly steady since 2019. 63% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $436,400. With a median age of 51.2, the population is older than the US median of 38.8. Households here earn about 67% more than the Maine median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 51.2
US median: 38.8
More educated
63% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,988
+2%since 2019
from 1,949 in 2019
2010 – 2024
Population density
827 / sq mi
+2%since 2019
from 811 / sq mi in 2019
US average: 280
Median age
51.2
−2%since 2019
from 52.5 in 2019
US average: 38.8
Population, 2010 – 2024
1K2K2K2K2K201020202024Falmouth
20242K
201020202024
Section 02

Income & economy

Median household income
$99,605
−1%inflation adjusted, since 2019
from $99,861 in 2019
US average: $66,278
2010 – 2024
Per capita income
$71,917
+3%since 2019
from $69,825 in 2019
US average: $35,364
Households earning $100K+
56.3%
+0.8 ptssince 2019
from 55.6% in 2019
US average: 43.9%
Poverty rate
7.1%
+0.5 ptssince 2019
from 6.7% in 2019
US average: 12.8%
Workforce by industry, 2020
Information19%
US avg: 11.1%
Other services13.3%
US avg: 6.6%
Retail trade6.2%
US avg: 10%
Public administration5.2%
US avg: 4.7%
Wholesale trade4.6%
US avg: 6.7%
Arts, entertainment, food2.3%
US avg: 2%
Finance & insurance0.9%
US avg: 5.5%
Education & health services0.9%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Professional, scientific, technical0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$436,400
+1%inflation adjusted, since 2019
from $428,700 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$998
−27%inflation adjusted, since 2019
from $1,356 in 2019
US average: $1,124
Owner-occupied
65.9%
−7.5 ptssince 2019
from 73.4% in 2019
34.1% rent
Afford Score
4.4
+2%since 2019
from 4.3 in 2019
2010 – 2024
RELATED:See current rent listings in Falmouth on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic91%(1,774)
Black0%(0)
Hispanic / Latino1.9%(38)
Asian3.8%(75)
Other3.2%(62)
Diversity Score21.1%(411)
2020
White, non-Hispanic89.8%(1,785)
Black1%(20)
Hispanic / Latino2.2%(44)
Asian2.8%(55)
Other2.1%(41)
Diversity Score19.5%(388)
Diversity Score
20
−7%since 2019
from 21 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
63.3%
+0.9 ptssince 2019
from 62.4% in 2019
US average: 32.9%
High school or higher
96.1%
+0.5 ptssince 2019
from 95.6% in 2019
US average: 88.5%
Graduate degree
30.3%
−2.5 ptssince 2019
from 32.8% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
19.4 min
+3%since 2019
from 18.8 min in 2019
US average: 26.9
Drive alone to work
72.5%
+0.6 ptssince 2019
from 71.9% in 2019
US average: 75.1%
No vehicle available
3.8%
−1.9 ptssince 2019
from 5.7% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.0%
−0.4 ptssince 2019
from 4.4% in 2019
US average: 5.4%
Labor force participation
59.0%
−2.8 ptssince 2019
from 61.8% in 2019
US average: 63.4%
Management & professional
61.2%
+3.0 ptssince 2019
from 58.2% in 2019
US average: 39.3%
Section 08

People & community

Male
45.3%
−0.2 ptssince 2019
from 45.5% in 2019
Female
54.7%
+0.2 ptssince 2019
from 54.5% in 2019
Foreign born
10.4%
Unchangedsince 2019
from 10.4% in 2019
US average: 13.5%
Uninsured
0.5%
−1.0 ptssince 2019
from 1.5% in 2019
US average: 8.8%
Drill deeper

Places similar to Falmouth

North Redington Beach
Pop 1,444
San Antonio
Pop 1,603
Redington Beach
Pop 1,355
Montverde
Pop 1,836
Places similar to Falmouth
Head to head

Compare Falmouth to nearby cities

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FALMOUTH VS
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Income$79,540−20%
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FALMOUTH VS
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FALMOUTH VS
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Income$60,050−40%
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Frequently asked

How many people live in Falmouth, Maine?

Falmouth, Maine has about 1,988 residents according to the 2020 American Community Survey.

What is the median household income in Falmouth, Maine?

The typical household in Falmouth, Maine earns about $99,605 a year. Half of households make more than that, and half make less.

Is Falmouth, Maine expensive?

In Falmouth, Maine, the median home is worth about $436,400, and the typical rent is about $998 a month.

How educated are people in Falmouth, Maine?

About 63.3% of adults age 25 and over in Falmouth, Maine hold a bachelor's degree or higher.

What is the poverty rate in Falmouth, Maine?

About 7.1% of people in Falmouth, Maine live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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