Also See Falls Mills, VA: ZIP Codes & Maps
The Falls Mills CDP(1) had a population of 292 as of July 1, 2024.
The primary coordinate point for Falls Mills is located at latitude 37.2765 and longitude -81.3084 in Tazewell County. Tazewell County is in the Eastern time zone (GMT -5).
It also has a Functional Status Code of ""
POPULATION | |
---|---|
Total Population | 292 (100%) |
Population in Households | 292 (100.0%) |
Population in Families | 235 (80.5%) |
Population in Group Quarters1 | 0 |
Population Density | 333 |
Diversity Index2 | 31 |
INCOME | |
Median Household Income | $25,696 |
Average Household Income | $39,085 |
% of Income for Mortgage4 | 16% |
Per Capita Income | $15,661 |
Wealth Index5 | 23 |
Socioeconomic Status Index6 | Low (34.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 148 (100%) |
Owner Occupied HU | 87 (58.8%) |
Renter Occupied HU | 30 (20.3%) |
Vacant Housing Units | 31 (20.9%) |
Median Home Value | $63,462 |
Average Home Value | $77,874 |
Housing Affordability Index3 | 164 |
HOUSEHOLDS | |
Total Households | 117 |
Average Household Size | 2.50 |
Family Households | 73 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | -1.02% | -1.26% |
Households | -0.98% | -0.87% |
Families | -2.00% | |
Median Household Income | 1.30% | |
Per Capita Income | 4.00% | |
Owner Occupied HU | -0.94% |
The table below compares Falls Mills to the other 688 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 538 | 22nd |
Population Density | # 457 | 34th |
Median Household Income | # 669 | 3rd |
Housing Affordability Index | # 661 | 96th |
Per Capita Income | # 676 | 2nd |
Diversity Index | # 485 | 30th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.
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