What is the median household income in Falling Water, TN?
The median household income in Falling Water, TN is $111,842 (±$14,047) a year (2020–2024 American Community Survey).
In Falling Water, the median household income went from $71,458 in 2015–2019 to $111,842 in 2020–2024 (+56.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $111,842 (±$14,047)
- Median renter income
- $36,667 (±$2,030)
Income in Falling Water against Hamilton County, its state and the nation
| Falling Water | Hamilton County | Tennessee | United States | |
|---|---|---|---|---|
| Median household income | $111,842 (±$14,047) | $76,183 (±$1,947) | $69,595 (±$429) | $80,734 |
| Median renter household income | $36,667 (±$2,030) | $50,538 (±$2,129) | $46,745 (±$535) | $52,966 |
| Median owner household income | $116,316 (±$10,080) | $98,560 (±$2,563) | $85,153 (±$545) | $100,009 |
| Median gross rent | — | $1,253 (±$28) | $1,189 (±$7) | $1,413 |
In Falling Water, median household income is higher than in Hamilton County ($76,183).
It is also higher than in Tennessee ($69,595).
It is higher than the national figure ($80,734).
In Hamilton County, Falling Water ranks 8 of 18 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 26 of 401.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $71,458 (±$29,399) | $111,842 (±$14,047) | +56.5% | No measurable change after inflation |
| Median home value | $238,400 (±$75,089) | $420,600 (±$141,461) | +76.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Falling Water
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Falling Water | — | $111,842 (±$14,047) | — |
| Middle Valley | 3.5 mi | $95,000 (±$10,028) | Not measurably different |
| Walden | 3.6 mi | $124,493 (±$9,758) | Not measurably different |
| Fairmount | 4.1 mi | $137,317 (±$13,682) | Higher |
| Mowbray Mountain | 5.9 mi | $93,293 (±$10,051) | Lower |
| Signal Mountain | 5.9 mi | $141,008 (±$26,947) | Not measurably different |
| Lone Oak | 6.2 mi | $40,781 (±$36,587) | Lower |
| Red Bank | 6.2 mi | $63,983 (±$7,850) | Lower |
| Lakesite | 6.7 mi | $96,250 (±$16,769) | Not measurably different |
Nearby places with a measurably lower figure: Mowbray Mountain, TN ($93,293), Lone Oak, TN ($40,781), Red Bank, TN ($63,983).
Nearby places with a measurably higher figure: Fairmount, TN ($137,317).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Hamilton County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 2 | Ridgeside | $191,167 (±$37,961) |
| 3 | Signal Mountain | $141,008 (±$26,947) |
| 4 | Fairmount | $137,317 (±$13,682) |
| 5 | Apison | $129,307 (±$51,325) |
| 6 | Walden | $124,493 (±$9,758) |
| 7 | Flat Top Mountain | $121,131 (±$1,225) |
| 8 | Falling Water | $111,842 (±$14,047) |
| 9 | Lakesite | $96,250 (±$16,769) |
| 10 | Middle Valley | $95,000 (±$10,028) |
| 11 | Mowbray Mountain | $93,293 (±$10,051) |
| 12 | Harrison | $89,395 (±$16,468) |
| 13 | Soddy-Daisy | $75,113 (±$8,773) |
| 14 | Collegedale | $70,246 (±$14,040) |
Showing 13 of 18 places in Hamilton County, ranked from highest to lowest.
Falling Water is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Falling Water
What is the median household income in Falling Water?
The median household income in Falling Water is $111,842 (±$14,047) a year (2020–2024 American Community Survey).
Have incomes in Falling Water kept up with inflation?
In Falling Water, the median household income went from $71,458 in 2015–2019 to $111,842 in 2020–2024 (+56.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Falling Water?
The median renting household in Falling Water, TN earns $36,667 (±$2,030) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Falling Water CDP, Tennessee
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Falling Water CDP, Tennessee
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Falling Water CDP, Tennessee
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Falling Water CDP, Tennessee
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Falling Water CDP, Tennessee
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Falling Water CDP, Tennessee
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Falling Water CDP, Tennessee (place:25560, in state:47).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Falling Water at a glance
- Home values in Falling Water
- Homeowner costs in Falling Water
- Property taxes in Falling Water
- Types of homes in Falling Water
- Age of homes in Falling Water
- Heating fuel in Falling Water
- Commute and cars in Falling Water
- Population growth in Falling Water
- Tennessee landlord and tenant rules
- Housing across Hamilton County
- Tennessee places ranked by median household income
- Housing data for every place in Tennessee