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Falls Village, CT 06031 has a population of approximately 1,452 and experiences a population change rate of -1.36%. The population density is 37.8 / sq mi .
The median household income for Falls Village, CT 06031 is $84,167, with 630 households and an average household size of 2.26.
The median value of a home in Falls Village, CT 06031 is $421,100 with an appreciation rate of 14.10%. 63.41% of housing in the state is owned while 12.68% is rented.
The cost of living in Falls Village, CT 06031 is 117.3 %.
The unemployment rate in Falls Village, CT 06031 is 2.80%, and recent job growth is at -2.28%. Future job growth is projected at 33.94%.
The sales tax rate in Falls Village, CT 06031 is 6.35%, while the income tax rate is 5.50% .
School expenditures in Falls Village, CT 06031 are $26,218, and the school ratio is 11.5:1.
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 13.7 degrees. The average rainfall is approximately 49.1 inches per year, with 55.9 inches of snow per year.