Market Snapshot

Report generated March 2026

IndicatorValue
Population14,593
↓ 0.4% since 2020
Median Household Income$154,734
107% above national median
Median Home Value$1,005,400
Unemployment Rate6.2%
Median Age39.4 years
Housing Vacancy Rate4.8%

County Profile

DemographicValue
Total Population (2023)14,593
Population (2020)14,658
Population Growth-0.44%
Median Household Income$154,734
Median Home Value$1,005,400
Total Housing Units6,360
Vacant Housing Units307
Housing Vacancy Rate4.8%
Median Age39.4
Bachelor's Degree or Higher2,946 (20.2%)
Unemployment Rate6.2%

Market Overview

Falls Church city, Virginia has a population of 14,593, which has declined 0.44% since 2020. The median household income is $154,734, above the national median of $74,580 by 107.5%. The housing vacancy rate of 4.8% suggests tight market conditions. The county's location in Virginia makes it accessible for investors and developers seeking rural land.

Frequently Asked Questions

What is the current population of Falls Church city, Virginia?
As of the 2023 American Community Survey, Falls Church city has a population of 14,593. The county has declined 0.44% since the 2020 Census.
What is the median household income in Falls Church city?
The median household income in Falls Church city is $154,734, which is 107.5% above the national median of $74,580.
Is Falls Church city growing or shrinking?
Falls Church city is shrinking. The population has declined 0.44% since 2020.
What is the housing market like in Falls Church city?
The median home value in Falls Church city is $1,005,400. The housing vacancy rate is 4.8%, which suggests tight market conditions. The unemployment rate is 6.2%, reflecting the local economic conditions.
Does Reelvest buy land in Falls Church city, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Falls Church city. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.