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Falmouth Apartment Features
Apartments Near Falmouth
Living In Falmouth, MA
Falmouth, a small town in Massachusetts, has a population of just under 4,000. Retirees account for a greater percentage of the population (44%) here than nationally (14%), while young adults are less well-represented. At an average age of just under 55, the town's residents are notablyolder than most cities in Massachusetts. In terms of housing, residents are fairly evenly split between renting (52%) and owning (48%) their home, driven in part by a relatively affordable average rent that is $348/month less than the state average. Over the course of a year, renters in Falmouth will save around $4,200 compared to the state average.
With an average commute time of about 26 minutes, shorter than most cities in Massachusetts, Falmouth residents know that traveling to work isn't overly time-consuming. Many residents (32%) drive themselves to work, while public transportation is not extensively used. Not many commuters (3%) walk to work, though the number surpasses the national average.
Falmouth residents have a plethora of industries from which to choose. The four most common are healthcare, retail, scientific, and entertainment. Combined, these industries make up 26% of the town's workforce. Falmouth workers bring in an average annual income of just over $63K, about $20,000 less than the Massachusetts average. The town's average income also trails the national average ($73,345). Compared to the national average (7%), Falmouth has a high concentration of residents over the age of 25 who have advanced degrees, as 17% possess a Master's or a Doctoral degree. Further, 20% have a Bachelor's degree, which also outpaces the national average.
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