Places/Virginia/Falls Church city, Virginia
County profile

Falls Church city, Virginia

United States · US territory
EA Place Score
methodology in progress
GDP
no BEA GDP
GDP growth (YoY)
1 yr only
Jobs tracked
10,152
Census CBP · 2023
Employers
883
Census CBP · 2023
Avg. wage
$79.5k
BLS QCEW · 2023
Population
15,159
Census PEP · 2025
Labor, income & education
Unemployment
3.6%
Median HH income
$143.3k±$15.4k
Bachelor's degree+
80.5%±5.2%
Poverty rate
4.0%±1.6%
Business applications
337 · 2025
Retail establishments
94
62.5/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care29%
Professional services19%
Food & accommodation17%
Retail trade15%
Other services11%
Construction9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
15,159
residents · 2025 · +3.3% since 2020
COMPONENTS OF CHANGE · 20212025
Domestic migration127
International migration+433
Natural change+176

Real estate & risk

FHFA · ACS · FEMA
Median home value
$1.1M±$60.3k
Median gross rent
$2.2k/mo±$104/mo
Vacancy rate
4.7%±2.3%
Affordability
13.3× wages
Residential permits
$13.8M
18 units · 1.2/1k pop
FEMA risk score
1.6
HUD Fair Market Rent (2BR):$2.2k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 54Lightning 53Heat wave 31
FHFA HOUSE PRICE INDEX · 20162025
1343
2016
1338
2017
1385
2018
1441
2019
1441
2020
1514
2021
1709
2022
1623
2023
1825
2024
2039
2025
RESIDENTIAL PERMITS · 20212025
-5% since 2021
19
2021
872
2022
17
2023
18
2024
18
2025

Transport access

BTS · FAA · USACE
Nearest interstate
0.3 km
I-66
Nearest freight rail
6.3 km
Freight rail
Nearest port
12.7 km
BUZZARD POINT BOAT YARD
Nearest commercial airport
11.3 km
RONALD REAGAN WASHINGTON NTL
Wage trend
BLS QCEW · 20192023
$79.5k
avg. annual pay · +11% since 2019
The read

What is Falls Church city’s economy like?

Falls Church city is home to 15,159 residents and 10,152 jobs across 883 employers, led by health care. BEA does not publish state-level GDP for US territories, so no GDP figure is shown.

GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.