D

Falmouth, MI

Source:

Affordability Score: 46/100

Population: 1,126 · 1 ZIP codes

The affordability dashboard for Falmouth, MI aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,126 residents, then layers in county-level federal data to produce an overall grade of D (46/100). The headline inputs are median household income of $46,696, median home value of $151,000, median rent of $933 per month, and 12.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $973 per month (studio $689, 1BR $787, 3BR $1,194, 4BR $1,288). Department of Labor data lists infant center-based childcare at $6,926 per year, consuming 15% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages, so the grade is genuinely comparable across any city in the country. Pressure points are income, education. Unemployment currently reads 4.9% and poverty 9.4% - numbers worth keeping alongside the headline grade.

Score Breakdown

Income F
$46,696
Median household income
Education F
12.9%
Bachelor's degree or higher
Housing C
3.2x
Home value $151,000 vs income
Commute N/A
N/A
Average commute time
Rent B-
$973/mo
2BR fair market rent (25% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C-
$6,926/yr
Center-based infant care (15% of income)

Income & Employment

Median Income
$46,696
▼ 25% vs national
Per Capita Income
$27,075
Unemployment Rate
4.9%
Poverty Rate
9.4%

Housing

Median Home Value
$151,000
▼ 45% vs national
Median Rent
$933/mo
Owner Occupied
91.4%
2BR Fair Market Rent
$973/mo
▼ 19% vs national

Fair Market Rents by Bedroom

Studio
$689
1BR
$787
2BR
$973
3BR
$1,194
4BR
$1,288

Safety

Violent Crime Rate
-
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
12.9%
▼ 17 ppt vs national
High School+
57.2%
Median Age
53.7
Avg. Commute
-

Childcare Costs

Infant (Center)
$6,926/yr
15% of income
Toddler (Center)
$6,926/yr
Preschool (Center)
$6,033/yr
School-Age (Center)
$5,782/yr

What This Means

Falmouth, MI receives an overall affordability grade of D (46/100), aggregated from 1 ZIP codes with a total population of 1,126. Challenges include income and education. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Falmouth, MI affordable?
Falmouth, MI receives an overall affordability grade of D (46/100) based on Census, HUD, FBI, and DOL data. Median household income is $46,696. Median home value is $151,000.
What is the cost of living in Falmouth?
Key cost metrics: Median rent $933/mo. 2BR fair market rent $973/mo. Infant childcare $6,926/yr. Median home value $151,000.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →