Falling Water, Tennessee Demographics & Population 2026
During the 2020–2024 ACS period, Falling Water, Tennessee had a total population of 2,315, the 193rd largest community in Tennessee, with a median household income of $111,842, which is 61% higher than the state average. The poverty rate is 7.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 61% above the state average — one of the wealthiest communities in Tennessee.
- 43.0% of adults hold a bachelor's degree or higher — top 10% in Tennessee.
- Near full employment with an unemployment rate of just 1.6%.
Falling Water Quick Facts
How Falling Water Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,090 | 2,315 | +10.8% |
| Median household income | $113,160 | $111,842 | -1.2% |
| Median home value | $398,400 | $420,600 | +5.6% |
How Falling Water Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 46 | National average: 61
Education
Educational Attainment (Adults 25+)
Falling Water Rankings in Tennessee
Explore Tennessee Rankings
Other Cities in Hamilton County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Chattanooga | 185,783 | $64,523 | 19.1% | $283,200 |
| East Ridge | 22,070 | $62,247 | 13.1% | $211,100 |
| Soddy-Daisy | 13,231 | $75,113 | 7.3% | $256,600 |
| Middle Valley | 12,187 | $95,000 | 5.1% | $319,400 |
| Red Bank | 12,010 | $63,983 | 12.0% | $269,400 |
| Collegedale | 11,330 | $70,246 | 7.3% | $365,100 |
| Signal Mountain | 8,860 | $141,008 | 3.3% | $544,300 |
| Harrison | 8,011 | $89,395 | 3.9% | $307,400 |
| Apison | 4,271 | $129,307 | 12.4% | $459,000 |
| Sale Creek | 2,955 | $53,932 | 5.0% | $299,700 |
Cities Similar to Falling Water
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Pegram | 2,089 | $111,172 | $387,100 | 35.8% | 0.3% |
| Gladeville | 2,199 | $97,148 | $464,400 | 50.0% | 1.7% |
| Rural Hill | 2,075 | $108,250 | $458,700 | 28.2% | 3.2% |
| Lakesite | 2,168 | $96,250 | $332,200 | 35.0% | 4.2% |
| Piperton | 2,569 | $130,100 | $618,800 | 46.0% | 4.6% |
Population Overview
Falling Water is a small community located in Tennessee, within Hamilton County. The total population is 2,315. It ranks as the 193rd most populous out of 502 Census-designated places in Tennessee.
Age Demographics
The median age in Falling Water is 46.3 years. This is 19% higher than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Falling Water is $111,842. This is 61% higher than the state median of $69,595. It is also 39% higher than the national median of $80,734. The poverty rate stands at 7.3%. This is 47% lower than the state poverty rate of 13.8%. The unemployment rate is 1.6%. This is 67% lower than the state rate of 4.7%. The median home value is $420,600. Housing costs are 47% higher than the state median of $286,700. The home-value-to-income ratio is 3.8x. 89.9% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 66.9%.
Race & Ethnicity
Falling Water has a predominantly White (non-Hispanic) population, comprising 89.5% 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 15.4%. The Hispanic or Latino population (2.3%) is well below the state average of 7.4%.
Education
43.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Falling Water in the top 10% of all cities in the state for educational attainment. This is 38% higher than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.4%. Notably, 15.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Falling Water, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Falling Water, Tennessee?
Falling Water, Tennessee has a population of 2,315 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Falling Water, TN?
The median household income in Falling Water is $111,842, which is 39% higher than the national median of $80,734.
What is the poverty rate in Falling Water, TN?
The poverty rate in Falling Water is 7.3%. This means approximately 167 residents live below the federal poverty line.
What is the racial makeup of Falling Water, Tennessee?
Falling Water's population is 89.5% White, 3.2% Black, 2.3% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Falling Water, TN?
The median home value in Falling Water is $420,600. The home-value-to-income ratio is 3.8x.
How educated is Falling Water, Tennessee?
43.0% of adults (25+) in Falling Water hold a bachelor's degree or higher, and 15.3% hold a graduate or professional degree.