Falls View, WV Profile: Facts & Data

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Falls View, West Virginia - Basic Facts

The Falls View Census Designated Place had a population of 244 as of July 1, 2019.

The primary coordinate point for Falls View is located at latitude 38.1262 and longitude -81.2462 in Fayette County. The formal boundaries for the Falls View Census Designated Place encompass a land area of 0.33 sq. miles and a water area of 0.08 sq. miles. Fayette County is in the Eastern time zone (GMT -5). The elevation is 663 feet.

The Falls View Census Designated Place (GNIS ID: 2586802) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Falls View Census Designated Place is located within Valley District, a minor civil division (MCD) of Fayette County.

Alternate Unofficial Names for Falls View: Fallsview.

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  1. Falls View 2019 Demographic Data
  2. Growth Rates for Falls View (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. West Virginia Research Tools (Easy Tools & Current Data)
  3. West Virginia Data Comparison Tool - 2019 Demographics

Falls View, WV - Most Popular Things to Do

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Falls View, WV Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Falls View, WV Housing Affordability Index is 263
State of West Virginia Housing Affordability Index is 182
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Falls View, WV Wealth Index is 45
State of West Virginia Wealth Index is 64
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the West Virginia COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 244 (100%)
Population in Households 244 (100.0%)
Population in Families 191 (78.3%)
Population in Group Quarters1 0
Population Density 739
Diversity Index2 9
 

INCOME

Median Household Income $39,567
Average Household Income $50,824
Per Capita Income $22,581
Wealth Index4 45

HOUSING

Total Housing Units 143 (100%)
Owner Occupied HU 84 (58.7%)
Renter Occupied HU 33 (23.1%)
Vacant Housing Units 25 (17.5%)
Median Home Value $84,286
Housing Affordability Index3 263
 

HOUSEHOLDS

Total Households 118
Average Household Size 2.07
Family Households 74
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.27% -0.16%
Households 0.28% -0.17%
Families -0.29% -0.27%
Median Household Income   2.04%
Per Capita Income   3.1%

Falls View, WV - Peer Comparisons by Rank and Percentile

The table below compares Falls View to the other 404 incorporated cities, towns and CDPs in West Virginia by rank and percentile using July 1, 2019 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 # 329 19th
Population Density # 207 49th
Diversity Index # 197 51st
Median Household Income # 201 50th
Per Capita Income # 191 53rd

Additional comparisons and rankings can be made with a VERY EASY TO USE West Virginia Census Data Comparison Tool.

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