Falkville is a small town of 1,422 in Alabama, with a median household income of $42,863
and a 4.3% unemployment rate.
Its cost of living index is 90 (US average = 100), which is
10% below the national average.
Strengths:
Falkville stands out for an affordable cost of living, below-average home prices, lower-than-average crime, short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether Falkville is right for you depends on your priorities — the full breakdown is below.
All Falkville city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 90.1
Falkville's overall cost of living index is 90.1,
where 100 represents the US national average.
Living in Falkville costs roughly 10% less than the average American city.
Metric
Falkville, AL
National Avg
Median Home Value
$113,600
$244,900
Median Monthly Rent
$681
$1,163
Homeownership Rate
83.2%
65.9%
Median Household Income
$42,863
$74,755
Crime & Safety
Very Safe
Falkville's violent crime rate is 166.9 per 100,000 residents
— 56% lower than the national average of ~380 per 100,000.
Violent Crime
166.9 /100k
Property Crime
918.2 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Falkville is served primarily by Morgan County.
The student-to-teacher ratio is 17.3:1
(slightly above the national average of ~16:1).
Metric
Falkville, AL
National Avg
School District
Morgan County
—
Elementary Schools
8
—
Middle Schools
3
—
High Schools
7
—
Student/Teacher Ratio
17.3:1
16:1
Bachelor's Degree or Higher
9.4%
35.4%
High School Diploma or Higher
86.4%
91.1%
Weather & Climate
Falkville sees average highs of 52.4°F in January
and 89.3°F in July,
with 62.5 inches of annual precipitation
and 0.6 inches of snow per year.
Falkville's cost of living index is 90, where 100 is the national average.
That makes Falkville roughly 10% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $113,600 and median rent is $681/month.
Falkville's violent crime rate is 166.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 918.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Falkville are operated by Morgan County.
The district has 8 elementary, 3 middle, and 7 high schools.
The student-to-teacher ratio is 17.3:1. 9.4% of adults 25+ hold a bachelor's degree or higher.
Falkville, AL has a population of 1,422, a median household income of $42,863, and an unemployment rate of 4.3%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Falkville averages 52.4°F in January and 89.3°F in July. Annual rainfall is 62.5 inches
with about 0.6 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Falkville, AL is covered by 1 ZIP code: 35622.
The population of Falkville, Alabama is 1,422 with a median age of 56.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Falkville: cost of living index 90 (100 = US average), median home $113,600, median household income $42,863, crime index 44 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Falkville side by side with your current city to see the trade-offs.
