HomeAlabamaMorgan CountyFalkville
Falkville, Alabama: commercial real estate data.
Falkville is a Census town of 1,606 people across 4.26 square miles of land, in Morgan County. Median household income is $46,888, 78.7 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $61,300 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Falkville
What Falkville is
- Census place typetown
- Land area4.26 sq mi
- Water area0.02 sq mi
- Population per square mile of land377 plus or minus 89
- County holding the largest share of its areaMorgan County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Falkville
How many people live in Falkville
- Population1,606 plus or minus 379
- Median age53.5 plus or minus 14.6
- Population under 18231 plus or minus 81
- Share under 1814.4 percent plus or minus 3.7
- Population 65 and over612 plus or minus 191
- Share 65 and over38.1 percent plus or minus 7.8
- Households516 plus or minus 160
- Family households286 plus or minus 89
- Share of households that are families55.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Falkville
Income and work in Falkville
- Median household income$46,888
- Per capita income$25,894
- Civilian labor force670 plus or minus 213
- Employed657 plus or minus 211
- Unemployed13 plus or minus 14
- Unemployment rate1.9 percent plus or minus 2.0
- Adults 25 and over1,172 plus or minus 284
- Adults 25 and over with a high school diploma or higher89.4 percent plus or minus 28.8
- Adults 25 and over with a bachelor degree or higher8.2 percent plus or minus 3.7
- Adults 25 and over with a graduate degree3.7 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Falkville
Housing in Falkville
- Housing units545 plus or minus 160
- Occupied units516 plus or minus 160
- Vacant units29 plus or minus 28
- Vacancy rate5.3 percent plus or minus 4.9
- Owner occupied406 plus or minus 157
- Renter occupied110 plus or minus 51
- Ownership rate78.7 percent plus or minus 18.2
- Median owner-occupied home value$139,600 plus or minus $54,140
- Median gross rent, monthly$693
- Annual rent as a share of median income17.7 percent
- Single family units469 plus or minus 152
- Share single family86.1 percent
- Units in buildings of two or more43 plus or minus 31
- Share in buildings of two or more7.9 percent plus or minus 5.2
- Mobile homes33 plus or minus 31
- Median year structure built1968
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Falkville
How Falkville gets to work
- Workers 16 and over who commute650 plus or minus 210
- Commuting under 15 minutes154 plus or minus 71
- Share commuting under 15 minutes23.7 percent plus or minus 7.8
- Commuting 30 minutes or more149 plus or minus 57
- Share commuting 30 minutes or more22.9 percent plus or minus 4.7
- Drove alone86.6 percent
- Carpooled11.9 percent plus or minus 10.0
- Public transport0.0 percent
- Walked0.8 percent plus or minus 1.5
- Worked from home0.8 percent plus or minus 1.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Falkville
SBA loans in Falkville (7(a))
- Approvals1
- Gross approval$61,300
- Average approval$61,300
- Median approval$61,300
- Largest approval$61,300
- Jobs supported2
- Jobs per approval2.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Falkville, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Falkville
Flood risk in Falkville
- NFIP communityTown of Falkville
- NFIP community number010177
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/16/18
The Town of Falkville participates in the National Flood Insurance Program as community 010177 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Morgan County, not Falkville
Morgan County context, not Falkville figures
- Establishments in Morgan County2,684
- Covered employment, Morgan County52,617
- Average annual pay, Morgan County$59,944
- Housing units permitted, Morgan County229
Every figure in this section is published for Morgan County as a whole and is not a measurement of Falkville.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Falkville questions, answered from the record.
How many people live in Falkville, Alabama?
1,606, in 516 households. Falkville town covers 4.26 square miles of land, which is 377 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Falkville in?
Morgan County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Falkville?
$46,888. The median owner-occupied home is valued at $139,600. Median gross rent is $693 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Falkville businesses?
1 7(a) approvals totaling $61,300 since FY2020, across 1 lenders, median approval $61,300. These count approvals to borrowers whose address is in Falkville, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Falkville borrowers get paid back?
No rate is published for Falkville. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Falkville in the National Flood Insurance Program?
Yes. Falkville appears in the FEMA Community Status Book as Falkville, town of, community 010177, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Falkville figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morgan County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Falkville.
Is zoning published for Falkville?
No. Nothing on this page presents parcel level zoning.
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