Falmouth at a Glance
Population
2,548
Median Home Value
$94,600
Nat'l avg: $281,900
Median Rent
$841
Nat'l avg: $1,163
Median Income
$38,021
Nat'l avg: $74,580
Violent Crime
1.5 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Falmouth
Dive deeper into Falmouth with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Falmouth ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Falmouth
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Falmouth
Young Professionals
Best neighborhoods for career starters in Falmouth
Retiree Neighborhoods
Best neighborhoods for retirees in Falmouth
Living In Guide
Complete guide to life in Falmouth — cost, safety, schools & more
All Neighborhoods
Browse every neighborhood in Falmouth with detailed data
About Falmouth
Alright, let me paint you a picture of life in Falmouth, Kentucky. Imagine a place where your housing dollar stretches further than you ever dreamed possible. Here, the charm of small-town living meets the reality of extreme affordability. With a median home value of just $94,600, you're looking at a cost of entry that's a fraction of the national average, making homeownership a genuine possibility for many. While the median household income of $38,021 reflects the lower cost of living, the close-knit community and slower pace of life create a sense of belonging that's hard to put a price on. It's the kind of place where neighbors know each other, and front porches are for more than just show. From an investment standpoint, Falmouth offers a unique opportunity for those seeking value. The housing market is stable, and the limited inventory keeps prices competitive. While the median income is lower than the national average, the cost of living is significantly lower, meaning your money goes much further. This is a place for those who prioritize affordability and community over high-paying jobs. It's a haven for young families, retirees, and anyone looking to escape the hustle and bustle of city life without sacrificing access to essential amenities. You'll find a safe, welcoming environment, perfect for building a life and making lasting memories.