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CITY

Falling Water

Tennessee · 2,315 residents · 5.011 sq mi
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The short version

Falling Water is significantly wealthier than the US average, with a median household income of $111,842. Population has held roughly steady since 2023. Median home value is $420,600. With a median age of 46.3, the population is older than the US median of 38.9. It ranks in the top 5% of US cities for household income. Households here earn about 61% more than the Tennessee median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 46.3
US median: 38.9
More educated
43% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

2,315
+11%since 2023
from 2,090 in 2023
2010 – 2024
462 / sq mi
+11%since 2023
from 417 / sq mi in 2023
US average: 281
46.3
+6%since 2023
from 43.8 in 2023
US average: 38.9
Population, 20102024
1K1K2K2K2K201020202024Falling Water
20242K
201020202024
Section 02

Income & economy

$111,842
−4%inflation adjusted, since 2023
from $113,160 in 2023
US average: $82,259
2010 – 2024
$53,433
+3%since 2023
from $51,886 in 2023
US average: $44,673
Households earning $100K+
66.9%
Unchangedsince 2023
from 67.0% in 2023
US average: 53.3%
7.3%
+3.6 ptssince 2023
from 3.7% in 2023
US average: 12.5%
0.424
+5%since 2023
from 0.405 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade9.1%
US avg: 9.9%
Information7.4%
US avg: 10.8%
Other services5.4%
US avg: 6.7%
Wholesale trade4.4%
US avg: 6.9%
Transportation & warehousing4.3%
US avg: 2.2%
Finance & insurance3.3%
US avg: 5.9%
Education & health services3.3%
US avg: 0.9%
Public administration3.3%
US avg: 4.8%
Agriculture, forestry, fishing0.8%
US avg: 1.6%
Manufacturing0.8%
US avg: 0.4%
Arts, entertainment, food0.6%
US avg: 1.9%
Construction0%
US avg: 1.2%
Professional, scientific, technical0%
US avg: 5.1%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$420,600
+3%inflation adjusted, since 2023
from $398,400 in 2023
US average: $376,019
2010 – 2024
89.9%
Unchangedsince 2023
from 89.9% in 2023
10.1% rent
0.0%
−3.5 ptssince 2023
from 3.5% in 2023
US average: 10.0%
8.1%
+0.5 ptssince 2023
from 7.6% in 2023
US average: 22.9%
10.0%
+10.0 ptssince 2023
from 0.0% in 2023
US average: 47.4%
3.8
+7%since 2023
from 3.5 in 2023
2010 – 2024
RELATED:See current rent listings in Falling Water on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic89.6%(1,873)
Black3.2%(67)
Hispanic / Latino2.2%(47)
Asian0%(0)
Other4.9%(103)
Diversity Score24.1%(504)
2024
White, non-Hispanic89.5%(2,072)
Black3.2%(75)
Hispanic / Latino2.3%(53)
Asian0%(0)
Other5%(115)
Diversity Score24.4%(564)
24
+1%since 2023
from 24 in 2023
2010 – 2024
Section 05

Education

43.0%
−2.3 ptssince 2023
from 45.3% in 2023
US average: 35.6%
High school or higher
96.4%
−0.7 ptssince 2023
from 97.1% in 2023
US average: 89.6%
15.3%
−2.2 ptssince 2023
from 17.4% in 2023
US average: 14.0%
Section 06

Commute & transportation

26.3 min
−8%since 2023
from 28.6 min in 2023
US average: 26.5
75.7%
+4.4 ptssince 2023
from 71.3% in 2023
US average: 68.9%
1.3%
−5.2 ptssince 2023
from 6.5% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
21.8%
+0.7 ptssince 2023
from 21.1% in 2023
US average: 15.0%
1.1%
Unchangedsince 2023
from 1.1% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
0.8%
Unchangedsince 2023
from 0.8% in 2023
US average: 8.3%
Section 07

Work & employment

1.5%
+0.2 ptssince 2023
from 1.4% in 2023
US average: 5.2%
61.3%
−3.0 ptssince 2023
from 64.3% in 2023
US average: 63.5%
16.7%
+0.2 ptssince 2023
from 16.4% in 2023
US average: 13.1%
65.9%
−1.9 ptssince 2023
from 67.8% in 2023
US average: 42.5%
Section 08

People & community

46.4%
−1.8 ptssince 2023
from 48.2% in 2023
53.6%
+1.8 ptssince 2023
from 51.8% in 2023
0.9%
−0.3 ptssince 2023
from 1.2% in 2023
US average: 14.1%
15.4%
+3.1 ptssince 2023
from 12.3% in 2023
US average: 6.2%
14.6%
+3.8 ptssince 2023
from 10.8% in 2023
US average: 13.3%
2.1%
−1.1 ptssince 2023
from 3.2% in 2023
US average: 8.4%
90.0%
−0.6 ptssince 2023
from 90.6% in 2023
US average: 91.0%
94.7%
+0.6 ptssince 2023
from 94.1% in 2023
US average: 77.7%
0.7%
−0.3 ptssince 2023
from 1.0% in 2023
US average: 13.6%
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Frequently asked

How many people live in Falling Water, Tennessee?

Falling Water, Tennessee has about 2,315 residents according to the 2024 American Community Survey.

What is the median household income in Falling Water, Tennessee?

The typical household in Falling Water, Tennessee earns about $111,842 a year. Half of households make more than that, and half make less.

Is Falling Water, Tennessee expensive?

In Falling Water, Tennessee, the median home is worth about $420,600.

How educated are people in Falling Water, Tennessee?

About 43.0% of adults age 25 and over in Falling Water, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in Falling Water, Tennessee?

About 7.3% of people in Falling Water, Tennessee live below the federal poverty line.

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

How we source and harmonize this data →