Cost of Living in Falls Church city, Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Falls Church city Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Falls Church city ranks #3,137 of 3,142 counties for affordability (bottom 1%)
Sourced county brief
Falls Church City Median Home Value Reaches $1,055,600 in ACS Estimates
The median home value in Falls Church city was estimated at $1,055,600 according to the U.S. Census Bureau American Community Survey 5-Year Estimates. This value is above the Virginia unweighted county mean of $295,808. For owner-occupied units, the median selected monthly owner cost is $3,574, which exceeds the state unweighted county mean of $1,190. Among renter-occupied housing units, the median gross rent is $2,190 per month, whereas the state unweighted county mean is $1,170. The official median gross rent as a percentage of household income (GRAPI), recorded in ACS table B25071, is 27.9%. This figure differs from the Virginia unweighted county mean official GRAPI of 28.6% by 0.7 percentage points. Additionally, the median renter-household income for the city was estimated at $100,167 for this period. These statistics provide a snapshot of local housing expenditures and renter income levels for the 2020-2024 window without describing market drivers. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Falls Church city
Affordability Verdict
ACS B25071 estimates median gross rent at 27.9% of renter household income in Falls Church city, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $2,190 per month; median selected monthly owner costs are $3,574. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $87,600 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Virginia unweighted mean of county median rents is $1,170 per month. Falls Church city's $2,190 median is 87.2% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Falls Church city
Rent Burden
18.3%
of gross income
Max Housing (28% Rule)
$3,343
per month
Owner Cost Burden
29.9%
of gross income
The median home in Falls Church city may be a stretch
Median home value is $1,055,600. Estimated monthly cost: $8,427 vs. your max of $3,343.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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