Also See Falls Mills, VA: ZIP Codes & Maps
The Falls Mills CDP(1) had a population of 281 as of July 1, 2023.
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 | 281 (100%) |
Population in Households | 281 (100.0%) |
Population in Families | 235 (83.6%) |
Population in Group Quarters1 | 0 |
Population Density | 320 |
Diversity Index2 | 31 |
INCOME | |
Median Household Income | $24,353 |
Average Household Income | $40,184 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $16,589 |
Wealth Index5 | 27 |
Socioeconomic Status Index6 | Low (34.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 151 (100%) |
Owner Occupied HU | 88 (58.3%) |
Renter Occupied HU | 28 (18.5%) |
Vacant Housing Units | 35 (23.2%) |
Median Home Value | $59,722 |
Average Home Value | $76,705 |
Housing Affordability Index3 | 170 |
HOUSEHOLDS | |
Total Households | 116 |
Average Household Size | 2.42 |
Family Households | 79 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -2.49% | -0.94% |
Households | -1.54% | -0.70% |
Families | -0.51% | |
Median Household Income | 4.22% | |
Per Capita Income | 1.95% | |
Owner Occupied HU | 0.45% |
The table below compares Falls Mills to the other 672 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2023 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 | # 545 | 19th |
Population Density | # 465 | 31st |
Median Household Income | # 664 | 1st |
Housing Affordability Index | # 624 | 93rd |
Per Capita Income | # 661 | 2nd |
Diversity Index | # 477 | 29th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.
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