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EconPulse

Local economy signal dashboard

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PLACEThriving

Falls Church, VA

Thriving overall. Housing is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score71out of 100
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NA
71
67
74
NA

Population

14,710

Data freshness

Unknown

GDP / Output

Unavailable YoY

NA

Unavailable

Local GDP is unavailable for this geography.

Vintage date unknown

State growth5.4%
U.S. growth5.3%

Jobs

Unemployment rate

71

3.3%

Unemployment is 3.3% for July 2026.

Vintage date unknown

State avg3.7%
U.S. avg4.1%

Population

+2.8% 5-year

67

14,710

Population moved +2.8% over the latest ACS window.

Vintage date unknown

State population8,705,170
U.S. population334,922,499

Housing

Rent share of income

74

18.3%

Median rent consumes 18.3% of median household income: Affordable.

Vintage date unknown

State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

Unavailable per resident

NA

Unavailable

Federal spending data is unavailable for this geography.

Vintage date unknown

State totalUnavailable
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.

Population and output

Trend Snapshot

Reported share

Industry Breakdown

Industry GDP mix is unavailable for this geography.

FY2025

Federal Money

Federal obligations

Unavailable

No federal obligations were reported for this geography.

Top agencies

Dollars

No agencies reported.

Top recipients

Dollars

No recipients reported.

Affordable

Housing Affordability

18.3%

of median income

1BR estimate$1,796
2BR estimate$2,365
Median income$143,262
Median home value$1,055,600

ACS context

Quick Facts

Population

14,710

Median age

40.5

Bachelor's degree+

80.5%

Poverty rate

4.0%

Labor force participation

72.6%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

July 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-09

HUD Fair Market Rent

Latest available

Data notes
  • USAspending federal inflow temporarily unavailable.
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+0.6%

GDP CAGR

Unavailable

Federal flow

N/A

Population (5 years)
202014,309
202114,494
202214,576
202314,593
202414,710

2-year linear forecast

Predictive Outlook

Population forecast

202414,710
202514,807 *
202614,897 *

R² = 91.8% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$143,262/yr
Median rent$2,190/mo
Rent share of income18.3%
Est. mortgage (30yr, 6.5%)$64,052/yr
Mortgage share of income44.7%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate3.3%
State avg3.7%
U.S. avg4.1%
Labor force participation72.6%
Poverty rate4.0%

Data from BLS LAUS / CPS. July 2026.

valuation snapshot

Real Estate

Median home value$1,055,600
Median monthly rent$2,190
Price-to-rent ratio40.2x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateStrong
Composite score70/100
Economic growthN/A
Labor market71/100
Population momentum67/100
Overall stability71/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Falls Church city, Virginia

City/Town

Part of

Washington-Arlington-Alexandria, DC-VA-MD-WV

Nearby locations

West Falls Church, VAIdylwood, VASeven Corners, VAPimmit Hills, VALake Barcroft, VA