Falls Church city, Virginia Income Statistics
Falls Church city Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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A+
Falls Church city Top gradeWealthiest county in Virginia
Source: Map AI Methodology
Income Statistics Overview
| Metric | Falls Church city | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $145,867 | $93,527 | $80,455 |
| Median Personal Income | $119,786 | $68,139 | $60,758 |
| Average Yearly Income Growth | 3.1% | 4.3% | 4.8% |
| Six-Figure Earners | 41.0% | 18.3% | 13.9% |
| $200k+ Households | 38.1% | 17.7% | 13.2% |
The median household income in Falls Church city is about 56% higher than in Virginia. Income has been growing slower in Falls Church city (3.1%/yr) than in Virginia (4.3%/yr).
About 41% of adults in Falls Church city earn six figures ($100,000 or more) a year, higher than the Virginia average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Falls Church city, Virginia grew by 28.5% from 2009 to 2024, reaching $145,867 in 2024. That's an average of about 3.1% per year.
Income Inequality and the Gender Pay Gap in Falls Church city
| Metric | Falls Church city | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.470 | 0.544 | 0.552 |
| Male Median Income | $128,801 | $78,585 | $69,667 |
| Female Median Income | $114,006 | $62,626 | $56,850 |
| Gender Pay Gap | 11.5% | 20.3% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Falls Church city, it is 0.470, lower than Virginia's 0.544, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 13% more than women's income in Falls Church city, Virginia. Over a 35-year career, a 13% wage gap accumulates to roughly $517,825 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Falls Church city, Virginia has narrowed from about 31% to 11% in 2024. Over that period the gap was widest at 47% in 2016. In dollar terms, the gap has narrowed by $18,551 since 2009.
Employment
| Metric | Falls Church city | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 4.1% | 5.2% |
| Working from Home | 32.7% | 18.3% | 15.0% |
| Commute time (minutes) | 26 | 23 | 22 |
Approximately 417 people are unemployed in Falls Church city, Virginia.
The average commute time in Falls Church city is 26 minutes, longer than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Falls Church city, Virginia has fallen from 6.2% to 4.9% in 2024. Over that period the rate peaked at 6.2% in 2023 and fell as low as 3.8% in 2019.
Falls Church city, VA Wealth Compared With Nearby Counties
Falls Church city, VA is the smallest of the 4 counties compared here, 14,710 residents against a local median of 678,314. The measure that sets Falls Church city, VA apart most is unemployment: 4.9%, 18% above the local median of 4.2%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 3.1%/yr against a local median of 3.7%/yr, 16% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Falls Church city, VA reads weaker than its neighbours on all of them. The counties themselves spread 3.1% on unemployment, so Falls Church city, VA sits at one end of an already wide local range rather than apart from it. Falls Church city, VA has the 3rd lowest unemployment of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Falls Church city, VA | 14,710 | $145,867 #2/4 | 3.1%/yr #4/4 | 4.9% #3/4 | 0.470 #2/4 |
| Arlington County, VA | 236,150 | $141,911 | 3.2%/yr | 3.2% | 0.449 |
| Fairfax County, VA | 1,147,383 | $153,857 | 3.7%/yr | 4.2% | 0.514 |
| District of Columbia, DC | 678,314 | $110,571 | 5.3%/yr | 6.3% | 0.501 |
Conclusion
Considering all these factors, Falls Church city, Virginia has an overall wealth index grade of A+, making it far better than Virginia, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Falls Church city, Virginia.
How Rich Is Falls Church city, Virginia?
Falls Church city has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $145,867, about 56% higher than the Virginia average of $93,527.
Are incomes growing in Falls Church city, Virginia?
Between 2009 and 2024, the median household income in Falls Church city, Virginia rose 29%, from $113,499 to $145,867. Over the same years, income here lagged behind Virginia as a whole: +29% against +55%.
What was the median household income in Falls Church city in 2023?
In 2023, the median household income in Falls Church city, Virginia was $155,021, down 4% from $161,807 in 2022. The Virginia median that year was $91,420.
What was the median household income in Falls Church city in 2020?
In 2020, the median household income in Falls Church city, Virginia was $145,642. By 2024 it was about the same, at $145,867.
Do many residents of Falls Church city, Virginia earn over $100,000?
Yes. 41% of adults in Falls Church city, Virginia earn $100,000 or more a year (about 1 in 2), against 18% (about 1 in 5) in Virginia. 38% of households have a combined income of $200,000 or more, compared with 18% in Virginia.
What is the Gini coefficient in Falls Church city, Virginia?
The Gini coefficient in Falls Church city is 0.470. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Falls Church city, Virginia?
Since 2009, the income gap between men and women in Falls Church city, Virginia has narrowed from about 31% to 11% in 2024. Over that period the gap was widest at 47% in 2016. In dollar terms, the gap has narrowed by $18,551 since 2009.
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