Falkville town, Alabama Demographics & Population 2026

Population Overview

Falkville town is a small community located in Alabama. The total population is 1,464. It ranks as the 265th most populous out of 589 cities and towns in Alabama.

Age Demographics

The median age in Falkville town is 56.0 years. This is 42% higher than the state median of 39.3 years. Only 11.7% of residents are under 18, indicating fewer families with children. 16.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Falkville town is $43,145. This is 30% lower than the state median of $62,027. Compared to the national median of $78,538, household income here is 45% lower. The poverty rate stands at 14.4%. This is 8% lower than the state poverty rate of 15.6%. The unemployment rate is 2.7%. This is 44% lower than the state rate of 4.8%. The median home value is $118,300. Housing costs are 39% lower than the state median of $195,100. With a home-value-to-income ratio of just 2.7x, Falkville town is one of the most affordable housing markets in the area. 79.5% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 69.9%.

Race & Ethnicity

The largest racial or ethnic group in Falkville town is White (non-Hispanic), making up 81.8% of the population. Asian residents account for 5.7%. The Black or African American population (4.6%) is well below the state average of 25.9%. The Hispanic or Latino population (1.2%) is well below the state average of 5.4%. The Asian population is significantly higher than the state average (5.7% vs 1.4%).

Education

6.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 77% lower than the state rate of 27.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.4%.

Data Sources & Methodology

All demographic data for Falkville town, Alabama is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Alabama state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 589 Census-designated places in Alabama. For official data, visit data.census.gov.