Falmouth 71 Excellent
Falmouth Livability #126 ranked city in Kentucky#6,162 ranked city in the USARanks better than 78% of areas

Pros and Cons of Living in Falmouth

PROS
  • Amenities

    The area boasts an ample array of local amenities, such as restaurants, entertainment options, grocery stores and parks, all conveniently located within walking distance.

  • Cost Of Living

    The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.

  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

CONS
  • Commute

    Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.

  • Employment

    Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.

  • Schools

    The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.

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What's it like Living in Falmouth?

Falmouth is a smaller city located in the state of Kentucky. The city has a population of 2,879 residents. According to the most recent Census, 98% of Falmouth residents are White, 1% Black and 0% Asian. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Falmouth offers up a higher than average one way commute time of 40 minutes.

Without the right tools, relocating to any new city can be very stressful and challenging. Living in Falmouth, Kentucky could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like cost of living, health & safety, education, employment and other key data points, finding the best places to live in Falmouth and in the areas around Falmouth is a much easier task.

With a livability score of 68/100, Falmouth is ranked #7,866 in the United States and #162 in Kentucky. If we take a closer look at each of the categories on their own, we see that Falmouth ranks well for amenities (B+), crime (B-) and housing (A). The bad news for Falmouth, there are some categories for which it does not rank well, this includes: education (F) and employment (F).

If you're considering living in Falmouth, it comes with numerous advantages, particularly in the form of an extensive selection of local amenities. These amenities play a pivotal role in elevating the quality of life within this vibrant community. From easily accessible grocery stores, to conveniently located fitness facilities, a diverse range of dining establishments and a multitude of shopping options, Falmouth provides a comprehensive array of resources for its residents. This ensures the effortless fulfillment of your daily needs and creates ample opportunities for relaxation and recreation. The convenience of these local offerings greatly contributes to the overall appeal of the area, making it an enticing destination for those in search of convenience, diversity, and a gratifying lifestyle. If you're contemplating a move, the abundance of local amenities could very well be a defining characteristic of this area.

Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 0 crimes per 100,000 residents, which signifies that Falmouth boasts an impressively low violent crime rate that falls well below the national average.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Falmouth market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Falmouth is real estate affordability. Median real estate prices in Falmouth come in at $80,900, which is 35.8% lower than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Falmouth, the home price to income ratio is 2.6, which is 7.1% lower than the Kentucky average.

Best Places to Live in and Around Falmouth

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Compare Falmouth, KY Livability

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      Falmouth transportation information

      Statistic Falmouth Kentucky National
      Average one way commute40min23min26min
      Workers who drive to work92.2%82.2%76.4%
      Workers who carpool5.9%9.7%9.3%
      Workers who take public transit1.0%1.1%5.1%
      Workers who bicycle0.0%0.2%0.6%
      Workers who walk0.3%2.4%2.8%
      Working from home0.5%3.3%4.6%
      Source: The Falmouth, KY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).