Falling Water, TN Profile: Facts & Data

Advertisement

Falling Water Local Links & Resources:
Resources | ALL Falling Water Content
Planning to visit Falling Water? See Local Hotels

Also See Hixson, TN: ZIP Codes & Maps

Falling Water, Tennessee - Basic Facts

The Falling Water CDP(1) had a population of 1,867 as of July 1, 2023.

The primary coordinate point for Falling Water is located at latitude 35.2031 and longitude -85.2536 in Hamilton County. The formal boundaries for the Falling Water Census Designated Place encompass a land area of 5.31 sq. miles and a water area of 0 sq. miles.

The Falling Water Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Falling Water Census Designated Place is located within Commissioner District 1, a minor civil division (MCD) of Hamilton County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Falling Water 2023 Demographic Data
  2. Growth Rates for Falling Water (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Tennessee Research Tools (Easy Tools & Current Data)
  3. Tennessee Data Comparison Tool - 2023 Demographics
Advertisement

Falling Water, TN Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,867 (100%)
Population in Households 1,867 (100.0%)
Population in Families 1,570 (84.1%)
Population in Group Quarters1 0
Population Density 373
Diversity Index2 29
 
 

INCOME

Median Household Income $81,726
Average Household Income $116,812
% of Income for Mortgage4 31%
Per Capita Income $46,237
Wealth Index5 121
Socioeconomic Status Index6 Moderate (54.6)
 

HOUSING

Total HU (Housing Units) 781 (100%)
Owner Occupied HU 542 (69.4%)
Renter Occupied HU 197 (25.2%)
Vacant Housing Units 42 ( 5.4%)
Median Home Value $423,377
Average Home Value $467,066
Housing Affordability Index3 80
 

HOUSEHOLDS

Total Households 739
Average Household Size 2.53
Family Households 536
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.10% -0.11%
Households 0.13% 0.13%
Families   0.00%
Median Household Income   3.94%
Per Capita Income   3.88%
Owner Occupied HU   0.98%

Falling Water, TN - Peer Comparisons by Rank and Percentile

The table below compares Falling Water to the other 504 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 215 58th
Population Density # 288 43rd
Median Household Income # 53 90th
Housing Affordability Index # 62 12th
Per Capita Income # 32 94th
Diversity Index # 191 63rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Tennessee Census Data Comparison Tool.

Falling Water, TN - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Tennessee Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2023, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Tennessee Census Data Comparison Tool

Compare Tennessee July 1, 2023 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement