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 12,312 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 92.32% 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 sales jobs (16.70%), management occupations (16.68%), and healthcare (11.45%).
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.
A relatively large number of people in Falmouth telecommute to their jobs. Overall, about 8.87% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
In addition, Falmouth is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
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.
If knowledge is power, Falmouth is a pretty powerful place. 67.01% 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 2018 was $67,161, which is wealthy relative to Maine and the nation. This equates to an annual income of $268,644 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 Irish, English, Italian, German, and French.
The most common language spoken in Falmouth is English. Other important languages spoken here include Chinese and French.