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Falling Water CDP, Tennessee Demographics & Population 2026

As of 2026, Falling Water CDP, Tennessee has a total population of 2,090, the 206th largest city in Tennessee, with a median household income of $113,160, which is 69% higher than the state average. The poverty rate is 3.7%.

Key Takeaways

Falling Water CDP Quick Facts

Population 2,090
Median Household Income $113,160
Median Home Value $398,400
Poverty Rate 3.7%
Unemployment Rate 1.4%
Median Age 43.8 years
Homeownership Rate 89.9%
Affordability Ratio 3.5x
Bachelor's Degree or Higher 45.3%
High School Graduation Rate 97.1%
Diversity Index 19/100
Population 2,090 206th of 504
Median Income $113,160 top 10%
Poverty Rate 3.7% 70% lower national
Median Home Value $398,400 top 10%

How Falling Water CDP Compares

Economy & Housing

Employment

1.4% Unemployment Rate State: 4.7% | National: 5.2%
64.3% Labor Force Participation

Housing Overview

Owner 89.9%
Renter 10.1%
Affordability Index Affordable
3.5x home value to income ratio

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 46 | National average: 60

Education

Falling Water CDP Rankings in Tennessee

#206 Population of 504
#28 Median Income of 504
#35 Education of 504
#34 Home Value of 504

Cities Similar to Falling Water CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pegram town2,216$102,396$337,40034.8%0.0%
Lakesite city2,026$92,847$299,30036.0%7.4%
Fairmount CDP1,932$133,232$482,70051.8%3.7%
Three Way city1,965$91,845$231,20039.4%5.8%
Gladeville CDP2,263$94,693$457,30052.1%1.7%

Population Overview

Falling Water CDP is a small community located in Tennessee. The total population is 2,090. It ranks as the 206th most populous out of 504 cities and towns in Tennessee.

Age Demographics

The median age in Falling Water CDP is 43.8 years. This is 13% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Falling Water CDP is $113,160. This is 69% higher than the state median of $67,097. Compared to the national median of $78,538, household income here is 44% higher. The poverty rate stands at 3.7%. This is 73% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.4%. This is 71% lower than the state rate of 4.7%. The median home value is $398,400. Housing costs are 55% higher than the state median of $256,800. The home-value-to-income ratio is 3.5x. 89.9% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 67.0%.

Race & Ethnicity

Falling Water CDP has a predominantly White (non-Hispanic) population, comprising 89.6% of all residents. Black or African American residents account for 3.2%. The Black or African American population (3.2%) is well below the state average of 15.7%. The Hispanic or Latino population (2.3%) is well below the state average of 7.1%.

Education

45.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Falling Water CDP in the top 10% of all cities in the state for educational attainment. This is 49% higher than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.1%. Notably, 17.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Falling Water CDP, Tennessee 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 Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 504 Census-designated places in Tennessee. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Falling Water CDP, Tennessee?

Falling Water CDP, Tennessee has a population of 2,090 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Falling Water CDP, TN?

The median household income in Falling Water CDP is $113,160, which is 44% higher the national median of $78,538.

What is the poverty rate in Falling Water CDP, TN?

The poverty rate in Falling Water CDP is 3.7%. This means approximately 77 residents live below the federal poverty line.

What is the racial makeup of Falling Water CDP, Tennessee?

Falling Water CDP's population is 89.6% White, 3.2% Black, 2.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Falling Water CDP, TN?

The median home value in Falling Water CDP is $398,400. The home-value-to-income ratio is 3.5x.

How educated is Falling Water CDP, Tennessee?

45.3% of adults (25+) in Falling Water CDP hold a bachelor's degree or higher, and 17.4% hold a graduate or professional degree.