Most Expensive Falmouth Neighborhoods
Falmouth is a somewhat small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Maine. With a population of 11,221 people and two constituent neighborhoods, Falmouth is the 17th largest community in Maine.
Falmouth home prices are not only among the most expensive in Maine, but Falmouth real estate also consistently ranks among the most expensive in America.
Falmouth is a decidedly white-collar town, with fully 89.62% of the workforce employed in white-collar jobs, well above the national average. Overall, Falmouth is a town of professionals, managers and sales and office workers. There are especially a lot of people living in Falmouth who work in management occupations (15.95%), sales jobs (10.81%) and teaching (9.79%).
Also of interest is that Falmouth has more people living here who work in computers and math than 95% of the places in the US.
Because of many things, Falmouth is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Falmouth really has some of the features that families look for when choosing a good community to raise children. Is Falmouth perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One of the nice things about Falmouth is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Falmouth. 63.23% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Falmouth in 2010 was $47,177, which is wealthy relative to Maine and the nation. This equates to an annual income of $188,708 for a family of four.
The people who call Falmouth home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Falmouth residents report their race to be White, followed by Asian. Important ancestries of people in Falmouth include English, Irish, French, Italian, German and Scottish.
The most common language spoken in Falmouth is English. Some people also speak French.
|NUMBER OF HOMES AND APARTMENTS||4,334|
|FALMOUTH HOME OWNERSHIP|
|% OWNER OCCUPIED||80.87%|
|% RENTER OCCUPIED||19.13%|
|TYPE OF FALMOUTH HOMES|
|SINGLE FAMILY DETACHED||76.44%|
|ROWHOUSES AND ATTACHED HOMES||6.53%|
|SMALL APARTMENT BUILDINGS||6.20%|
|COMPLEXES OR HIGH RISE APARTMENTS||9.61%|
|SIZE OF FALMOUTH HOMES|
|5 OR MORE BEDROOMS||8.93%|
|AGE OF FALMOUTH HOMES|
|NEWER HOMES (2000 OR LATER)||12.85%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||46.63%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||22.37%|
|HISTORIC (1939 OR BEFORE)||18.14%|
|FALMOUTH REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$352,487|
|MEDIAN RENTAL PRICE||$1,205|
|HOME VALUE RANGE|
|$0 - $47,000||1.07%|
|$47,001 - $94,000||2.72%|
|$94,001 - $188,000||9.83%|
|$188,001 - $281,000||17.38%|
|$281,001 - $375,000||25.03%|
|$375,001 - $469,000||17.54%|
|$469,001 - $703,000||19.27%|
|$703,001 - $938,000||2.94%|
|PEOPLE OF FALMOUTH||DETAILS|
|UNDER 5 YEARS||4.59%|
|5 TO 17||21.29%|
|18 TO 24||4.36%|
|25 TO 34||5.85%|
|35 TO 54||33.12%|
|55 TO 64||14.00%|
|65 YEARS AND OVER||16.79%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.85%|
|MEDIAN HOUSEHOLD INCOME||$91,477|
|PER CAPITA INCOME||$47,177|
|INDIVIDUALS BELOW POVERTY LEVEL||4.21%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (16.06%)
Professional, scientific, and technical services (12.74%)
Real estate (3.50%)
Information Technology (3.28%)
Public Service (2.80%)
|BLACK OR AFRICAN AMERICAN||0.49%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.24%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.38%|
|TWO OR MORE RACES||1.19%|
|HISPANIC OR LATINO (OF ANY RACE)||1.30%|
|ETHNICITIES PRESENT||English (18.13%)
French Canadian (3.35%)
|LANGUAGES SPOKEN||English (94.56%)
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