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 12,102 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 92.28% 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 (15.59%), sales jobs (14.51%), and healthcare (11.32%).
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.57% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Falmouth is a great place for families with children to consider. First of all, many other families with children live here, making Falmouth a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Falmouth has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Falmouth’s overall crime rate is lower than average for the country.
Falmouth is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
Even though Falmouth is a smaller town, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
If knowledge is power, Falmouth is a pretty powerful place. 69.26% of the adults in Falmouth have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Falmouth in 2010 was $60,314, which is wealthy relative to Maine and the nation. This equates to an annual income of $241,256 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, French , German, and Italian.
The most common language spoken in Falmouth is English. Other important languages spoken here include French and Chinese.