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Falling Waters, West Virginia Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Falling Waters, West Virginia had a total population of 2,183, the 73rd largest community in West Virginia, with a median household income of $88,466, which is 48% higher than the state average. The poverty rate is 4.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Falling Waters Quick Facts

Population 2,183
Median Household Income $88,466
Median Home Value $212,900
Poverty Rate 4.3%
Unemployment Rate 10.8%
Median Age 32.6 years
Homeownership Rate 57.1%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 20.1%
High School Graduation Rate 96.1%
Diversity Index 20/100
Population 2,183 73rd of 429
Median Income $88,466 top 10%
Poverty Rate 4.3% 66% lower than national
Median Home Value $212,900 top 20%

How Falling Waters Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,3842,183-8.4%
Median household income$87,632$88,466+1.0%
Median home value$207,200$212,900+2.8%

How Falling Waters Compares

Economy & Housing

Household Income Distribution

Under $25K 4.5%
$25K-$50K 17.9%
$50K-$100K 34.8%
$100K+ 42.7%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
2.5%
$15K-$20K
2.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
12.8%
$40K-$45K
0.0%
$45K-$50K
5.1%
$50K-$60K
2.8%
$60K-$75K
11.5%
$75K-$100K
20.6%
$100K-$125K
29.0%
$125K-$150K
4.5%
$150K-$200K
6.5%
$200K+
2.8%

Employment

10.8% Unemployment Rate State: 5.4%|National: 5.2%
68.8% Labor Force Participation

Housing Overview

Owner 57.1%
Renter 42.9%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $1,320/mo 17.9% of median household income annually

People & Demographics

Diversity Index

20out of 100
Very Low Diversity

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

State average: 19 | National average: 61

Education

Falling Waters Rankings in West Virginia

#73 Population of 429
#30 Median Income of 337
#153 Education of 429
#39 Home Value of 331

Other Cities in Berkeley County

CityPopulationMedian IncomePovertyHome Value
Martinsburg 18,904 $59,555 19.8% $240,000
Inwood 2,794 $84,286 14.5% $268,400
Hedgesville 379 $89,141 6.6% $207,800

Cities Similar to Falling Waters

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
St. Marys2,174$63,547$147,30023.7%6.7%
Nutter Fort2,075$68,068$121,00029.0%8.4%
Shinnston2,352$69,844$153,20026.1%11.8%
Bethlehem2,592$83,409$200,00045.3%8.8%
Chester2,179$56,607$112,00022.5%15.6%

Population Overview

Falling Waters is a small community located in West Virginia, within Berkeley County. The total population is 2,183. It ranks as the 73rd most populous out of 429 Census-designated places in West Virginia.

Age Demographics

The median age in Falling Waters is 32.6 years. This is 24% lower than the state median of 42.7 years. With 29.0% of the population under 18, Falling Waters has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Falling Waters is $88,466. This is 48% higher than the state median of $59,608. It is also 10% higher than the national median of $80,734. The poverty rate stands at 4.3%. This is 74% lower than the state poverty rate of 16.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 10.8%. This is 99% higher than the state rate of 5.4%. The median home value is $212,900. Housing costs are 31% higher than the state median of $162,600. With a home-value-to-income ratio of just 2.4x, Falling Waters is one of the most affordable housing markets in the area. 57.1% of occupied housing units are owner-occupied. This homeownership rate is 24% lower than the state average of 74.9%.

Race & Ethnicity

Falling Waters has a predominantly White (non-Hispanic) population, comprising 88.9% of all residents. Black or African American residents account for 3.2%.

Education

20.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% lower than the state rate of 24.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.1%.

Data Sources & Methodology

All demographic data for Falling Waters, West Virginia 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 West Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 429 Census-designated places in West Virginia. 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 Waters, West Virginia?

Falling Waters, West Virginia has a population of 2,183 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Falling Waters, WV?

The median household income in Falling Waters is $88,466, which is 10% higher than the national median of $80,734.

What is the poverty rate in Falling Waters, WV?

The poverty rate in Falling Waters is 4.3%. This means approximately 83 residents live below the federal poverty line.

What is the racial makeup of Falling Waters, West Virginia?

Falling Waters's population is 88.9% White, 3.2% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Falling Waters, WV?

The median home value in Falling Waters is $212,900. The home-value-to-income ratio is 2.4x.

How educated is Falling Waters, West Virginia?

20.1% of adults (25+) in Falling Waters hold a bachelor's degree or higher, and 2.6% hold a graduate or professional degree.