1st Advantage MortgageFalls Church city households have a median income of $143,262 and median rent of $2,190 a month (ACS 2020 to 2024). Your income, debts and credit decide what you qualify for. Get offers in writing, compare the total repaid, and never pay a fee up front.
On this page
- Getting oriented in Falls Church city
- How much Falls Church city households make
- Rent, home values and ownership in Falls Church city
- How Falls Church city residents earn a living
- Places inside Falls Church city
- Counties near Falls Church city
- A Falls Church city household budget, worked through
- People and households in Falls Church city
- Local borrowing considerations for Falls Church city
- Lender oversight for Falls Church city
- Checklist for Falls Church city applicants
- More guides for Falls Church city
- Frequently asked questions
Getting oriented in Falls Church city
Falls Church city is home to about 14,710 people, according to the Census Bureau's 2020 to 2024 American Community Survey, which makes it the 101st most populous of 133 county-level areas in Virginia. It covers 2 square miles of land, or about 7,190 people per square mile. For statistical purposes it belongs to the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area, as delineated by the Office of Management and Budget in July 2023. Falls Church, with about 14,710 people, is the only Census place mainly inside the county.
How much Falls Church city households make
Half of Falls Church city households take in less than $143,262 a year and half take in more, 54% above the Virginia median of $93,170. In the state ranking that is 3rd of 133.
| Household income | Falls Church city | vs Virginia |
|---|---|---|
| Under $35,000 | 9.7% | -8.2 pts |
| $35,000 to $99,999 | 23.5% | -11.7 pts |
| $100,000 to $199,999 | 28.7% | -0.5 pts |
| $200,000 or more | 38.1% | +20.4 pts |
Some 10% of households here live on less than $35,000 a year; 67% have six-figure incomes. The poverty rate is 4.0%, 6 points lower than the state's 9.9%. The Gini index of income inequality is 0.456 (0 is perfect equality). A household earning below the $143,262 median should test any payment carefully; one earning above it should still pick the shortest term it can manage.
Rent, home values and ownership in Falls Church city
Median gross rent, utilities included, comes to $2,190 in Falls Church city versus $1,579 statewide. Rent takes 30% or more of income for 43% of renter households here. The median owner-occupied home is valued at $1,055,600, about 7.4 times the median household income. 53% of Falls Church city households own their home and 47% rent.
| Housing | Falls Church city | Virginia statewide | Typical U.S. county |
|---|---|---|---|
| Median gross rent | $2,190/mo | $1,579/mo | $877/mo |
| Median home value | $1,055,600 | $383,700 | $185,300 |
| Owners | 53% | 67% | 75% |
| Rent-burdened renters | 43% | 49% | 45% |
| Burdened owners | 22% | 25% | n/a |
| Mobile homes | 0.1% | 4.3% | n/a |
Renters cannot borrow against a house, which narrows the choice to unsecured loans, cards and help from creditors; compare total cost, not just the payment.
How Falls Church city residents earn a living
By the Census industry count, 30% of employed Falls Church city residents work in professional and administrative services and 17% in public administration. The sharpest difference from the state is in professional and administrative services, at 30% locally and 17% for Virginia. Averaged over the five survey years, 5.0% of the labor force was out of work and looking. About 49% drive to work alone and 24% have trips of 45 minutes or more. 6.2% of households have no vehicle.
| Top industries | Falls Church city share | +/- vs Virginia |
|---|---|---|
| Professional and administrative services | 30.2% | +13.4 pts |
| Public administration | 17.4% | +8.6 pts |
| Education and health care | 16.0% | -6.3 pts |
| Arts, lodging and food service | 8.5% | +0.6 pts |
| Finance, insurance and real estate | 6.9% | +0.4 pts |
| Other services | 6.6% | +1.4 pts |
Where long drives are the norm, a car repair is one of the most common surprise bills. A small repair fund can keep a breakdown from turning into a loan.
Places inside Falls Church city
Falls Church is the only Census place mainly inside Falls Church city, with about 14,710 of the county's 14,710 residents. This guide covers each of the 1 places and the rural areas around them.
| Place | Type | Population | Median income | Median rent | From county center |
|---|---|---|---|---|---|
| Falls Church | city | 14,710 | $143,262 | $2,190 | 0 mi |
Counties near Falls Church city
The six counties whose centers lie closest to Falls Church city's, from 4 to 16 miles away. Income ranges from $103,250 in Manassas Park city to $153,637 in Fairfax County; 1 of these neighbors top Falls Church city's median. Some neighbors are in District of Columbia. Lender licensing is state by state, so a loan for a Falls Church city resident follows Virginia rules.
| County | Miles | Median household income | Median rent | Homeownership |
|---|---|---|---|---|
| Falls Church city | - | $143,262 | $2,190/mo | 53% |
| Arlington County, VA | 4 mi | $142,114 | $2,322/mo | 41% |
| Fairfax County, VA | 6 mi | $153,637 | $2,276/mo | 69% |
| Alexandria city, VA | 7 mi | $119,681 | $2,089/mo | 42% |
| Fairfax city, VA | 7 mi | $132,348 | $2,245/mo | 70% |
| District of Columbia, DC | 9 mi | $109,870 | $1,954/mo | 42% |
| Manassas Park city, VA | 16 mi | $103,250 | $2,146/mo | 66% |
A Falls Church city household budget, worked through
Lenders compare monthly debt payments with gross monthly income, the debt-to-income ratio. For a Falls Church city household at the medians it works out like this; treat it as an illustration only.
- Median income divided by twelve: $11,938 before taxes
- 18% goes to median rent ($2,190)
- $1,988: what a 35% ratio leaves once rent is paid
- At 45%, room after rent is $3,182 a month
Lenders set their own limits and look beyond the ratio. The DTI calculator uses your figures instead of Falls Church city's.
People and households in Falls Church city
81% of Falls Church city adults 25 and older hold a bachelor's degree or more. 1.7% of residents have no health coverage.
| People and households | Falls Church city | Virginia | Median county |
|---|---|---|---|
| Median age | 40.5 | 39.0 | 41.5 |
| Bachelor's or higher | 80.5% | 42.2% | 22.2% |
| No high school diploma | 4.6% | 8.4% | n/a |
| No health insurance | 1.7% | 6.9% | 7.8% |
| No vehicle | 6.2% | 6.1% | 5.4% |
| Work from home | 32.7% | 18.3% | 8.7% |
| Poverty rate | 4.0% | 9.9% | 13.2% |
| Unemployment (ACS) | 5.0% | 4.3% | 4.4% |
| One-way commute | Share of Falls Church city workers |
|---|---|
| Under 15 min | 18.1% |
| 15 to 29 min | 39.0% |
| 30 to 44 min | 19.2% |
| 45 to 59 min | 17.6% |
| 60+ min | 6.1% |
Local borrowing considerations for Falls Church city
The county's numbers point to a few situations that come up often for Falls Church city borrowers.
- Long drives. With 24% of commutes over 45 minutes, tires and repairs are fixed costs in many Falls Church city budgets.
- Consolidation math. With 67% at six figures, card consolidation is common; it pays only if total cost falls (guide).
- Paperwork. ID, proof of income and a bank account are the basics (requirements).
Lender oversight for Falls Church city
No county office licenses personal lenders. For Falls Church city, check the Virginia Bureau of Financial Institutions. A CFPB complaint gets forwarded to the company for a response. The Virginia guide covers state rules in more detail.
Checklist for Falls Church city applicants
Four checks before you sign anything:
- Price the Falls Church city expense first and borrow that amount, no more.
- Shop at least three lenders, including one Falls Church city-area credit union.
- Look the lender up with the state regulator first.
- Pick the shortest term whose payment still fits.
More guides for Falls Church city
The Virginia guide covers the whole state.
Frequently asked questions
Is Falls Church city a high-income county?
Its $143,262 median ranks 3rd of 133 Virginia counties and compares with $65,681 for the median U.S. county.
Is Falls Church city expensive for renters?
Median rent is $2,190 against $1,579 statewide, and 43% of renter households are cost-burdened.
Which towns does the Falls Church city guide cover?
Every community in the county, unincorporated areas included. The largest of its 1 Census places: Falls Church.
Can Falls Church city residents use the questionnaire?
Yes. It asks the same questions in every Virginia county, lists every requirement up front and does not affect your credit score.
Who do I complain to about a lender in Falls Church city?
Start with the Virginia Bureau of Financial Institutions, then the CFPB complaint portal. Keep copies of every message.