Cost of Living in Falls Church city, VA

What does it cost to live in Falls Church city? Income, housing, and affordability breakdown.

Median Income

$164,536

Median Rent

$2,074/mo

Median Home

$938,500

Affordability

233

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$4,746
Property Tax$837
Insurance$313

Total Monthly$5,896
% of Income43%

Renting

Median Rent$2,074
Renter's Insurance$25

Total Monthly$2,099
% of Income15.1%

Living in Falls Church city, Virginia

Falls Church city has a median household income of $164,536 with housing costs that represent 43% of income for owners and 15.1% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 233 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Virginia

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.