Median Income
N/A
household / year
Median Home Value
$407,700
owner-occupied
Median Rent
$1,188
gross / month
Cost of Living
100
national avg = 100

Is Falls Village, CT a Good Place to Live?

Falls Village is a small town of 473 in Connecticut, with a median household income of N/A and a 1.4% unemployment rate. Its cost of living index is 100 (US average = 100), which is 0% below the national average.

Strengths: Falls Village stands out for solid school ratings (A+), a well-educated population, short average commutes.

Trade-offs: Potential downsides include high home prices. Whether Falls Village is right for you depends on your priorities — the full breakdown is below.

All Falls Village 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: 99.9

Falls Village's overall cost of living index is 99.9, where 100 represents the US national average. Living in Falls Village costs roughly 0% less than the average American city.

Metric Falls Village, CT National Avg
Median Home Value $407,700 $244,900
Median Monthly Rent $1,188 $1,163
Homeownership Rate 91.1% 65.9%
Median Household Income N/A $74,755

Crime & Safety

Very Safe

Falls Village's violent crime rate is 22.2 per 100,000 residents — 94% lower than the national average of ~380 per 100,000.

Violent Crime
22.2 /100k
Property Crime
454.2 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Falls Village is served primarily by Canaan School District. The student-to-teacher ratio is 6.4:1 (better than the national average of ~16:1).

Metric Falls Village, CT National Avg
School District Canaan School District —
Elementary Schools 1 —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio 6.4:1 16:1
Bachelor's Degree or Higher 54.1% 35.4%
High School Diploma or Higher 99.0% 91.1%

Weather & Climate

Falls Village sees average highs of 35.4°F in January and 84.6°F in July, with 46.9 inches of annual precipitation and 74.9 inches of snow per year.

MetricFalls Village, CT
Average High — January35.4°F
Average High — July84.6°F
Annual Precipitation46.9"
Annual Snowfall74.9"

Demographics

MetricFalls Village, CTNational Avg
Population473—
Median Age43.138.9
Unemployment Rate1.4%3.7%
Avg Commute Time22.4 min26 min
White (non-Hispanic)94.3%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1816.3%22.2%
65 and over14.6%16.8%

Nearby Cities

ZIP Codes in Falls Village

Falls Village, CT is covered by 1 ZIP code:

Falls Village vs Other Cities

Frequently Asked Questions

Falls Village's cost of living index is 100, where 100 is the national average. That makes Falls Village roughly 0% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $407,700 and median rent is $1,188/month.
Falls Village's violent crime rate is 22.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 454.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Falls Village are operated by Canaan School District. The district has 1 elementary, several middle, and several high schools. The student-to-teacher ratio is 6.4:1. 54.1% of adults 25+ hold a bachelor's degree or higher.
Falls Village, CT has a population of 473, a median household income of N/A, and an unemployment rate of 1.4%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Falls Village averages 35.4°F in January and 84.6°F in July. Annual rainfall is 46.9 inches with about 74.9 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Falls Village, CT is covered by 1 ZIP code: 06031.
The population of Falls Village, Connecticut is 473 with a median age of 43.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Falls Village: cost of living index 100 (100 = US average), median home $407,700, median household income N/A, crime index 12 (100 = US average, lower is safer), schools rated A+. Whether these are benefits or drawbacks depends on where you're coming from — compare Falls Village side by side with your current city to see the trade-offs.