Falls Church city, Virginia: commercial real estate data.
Falls Church city, Virginia had an estimated 15,034 residents on July 1, 2024, up 2.6 percent since the 2020 census base of 14,657, across 2 square miles. 883 establishments operate here, and the SBA record carries 43 7(a) approvals worth $14.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Falls Church city
How many people live in Falls Church city
- Population, American Community Survey 2020-202414,710
- Households6,273
- Average household size2.34
- Median household income$143,262
- Median age40.5
- Median gross rent$2,190 per month
- Median owner-occupied home value$1,055,600
- Home value to household income7.4 times
- Annual rent as a share of median income18.3 percent
- Adults 25 and over with a bachelor degree or higher80.5 percent
- Adults 25 and over with a graduate degree51.8 percent
- Adults 25 and over10,140
- Population under 183,524
- Share under 1824.0 percent
- Population 65 and over2,265
- Share 65 and over15.4 percent
- Working age population, 18 to 648,921
- Civilian labor force8,380
- Unemployment rate5.0 percent
- Labor force participation, adults 18 and over74.9 percent
- Rank by population among Virginia independent cities101st of 133
- Rank by population among US county-equivalents, Puerto Rico included2177th of 3,222
Falls Church city is the 101st largest of 133 Virginia independent cities by population. A median home costs 7.4 times median household income, which is severely unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 24.0 percent against 15.4 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Falls Church city
Is Falls Church city's population growing?
- Population, July 1, 202415,034
- Census 2020 base population14,657
- Population change since the 2020 census base2.57 percent
- Population change, 2023 to 2024229
- Births, 2024158
- Deaths, 2024101
- Natural change, 202457
- Net domestic migration, 202440
- Net international migration, 2024132
- Total net migration, 2024172
- Cumulative net domestic migration, 2021 to 2024-130
- Rank by growth among US county-equivalents989th of 3,144
The county has grown 2.57 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Falls Church city
Where are people moving to Falls Church city from?
- Tax returns filed by households arriving1,053
- People arriving, from those returns1,664
- Tax returns filed by households leaving917
- Net household movement136
- Adjusted gross income arriving$121.6 m
- Net adjusted gross income movement$-22.4 m
- Average income of an arriving household$115,511
- Average income of a leaving household$157,019
- Largest single originFairfax County (323 households)
- Largest single destinationFairfax County (297 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Fairfax County | 323 | 484 | $39.1 m |
| Arlington County | 157 | 225 | $18.8 m |
| District of Columbia | 50 | 76 | $6.6 m |
| Alexandria city | 42 | 63 | $4.4 m |
| Montgomery County | 37 | 48 | $3.7 m |
| Foreign - APO/FPO ZIPs | 30 | 120 | $5.0 m |
| Loudoun County | 26 | 48 | $3.1 m |
| Prince William County | 24 | 39 | $2.1 m |
Households arriving report $41,508 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Fairfax County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Falls Church city
Employment by industry in Falls Church city
- Covered employment, annual average12,423
- Establishments reporting1,054
- Average annual pay$83,495
- Average weekly wage$1,606
- Health care and social assistance, employment2,133
- Health care and social assistance, average annual pay$70,060
- Accommodation and food services, employment1,398
- Accommodation and food services, average annual pay$31,645
- Professional, scientific and technical services, employment1,276
- Professional, scientific and technical services, average annual pay$133,997
- Retail trade, employment1,217
- Retail trade, average annual pay$55,752
- Other services, except public administration, employment630
- Educational services, employment562
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 2,133 | 144 | $70,060 |
| Accommodation and food services | 1,398 | 105 | $31,645 |
| Professional, scientific and technical services | 1,276 | 180 | $133,997 |
| Retail trade | 1,217 | 84 | $55,752 |
| Other services, except public administration | 630 | 186 | $64,035 |
| Educational services | 562 | 18 | $24,655 |
| Construction | 491 | 49 | $113,651 |
| Arts, entertainment and recreation | 338 | 16 | $15,605 |
Health care and social assistance is the largest private sector at 2,133 jobs, 17.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Falls Church city
How many businesses are in Falls Church city?
- Establishments, all industries883
- Employment at those establishments10,152
- Annual payroll$663.1 m
- Establishments per 1,000 residents60.0
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Falls Church city
Building permits in Falls Church city
- Housing units authorized by permit, 202418
- Declared construction value permitted$12.8 m
- Single family units authorized18
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$710,111
- Units authorized per 1,000 households2.9
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Falls Church city
SBA loans in Falls Church city (7(a) and 504)
- 7(a) approvals recorded43
- 7(a) gross approval dollars$14.5 m
- Average 7(a) approval$337,879
- Median 7(a) approval$150,000
- 10th percentile approval$25,200
- 90th percentile approval$723,600
- Largest single approval$2,439,000
- Jobs reported supported, 7(a)570
- Jobs per approval13.3
- Distinct 7(a) lenders active23
- Distinct industries receiving approvals30
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer7.0 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter35
- Franchise loans7
- Franchise share of approvals16.3 percent
- Leading industry by approval countSports and Recreation Instruction (4)
- Most active lenderManufacturers and Traders Trust Company (11)
- 504 approvals recorded15
- 504 gross approval dollars$13.4 m
- Average 504 approval$891,867
- Median 504 approval$359,000
- Distinct CDCs active3
- 504 jobs per approval10.5
- 504 jobs per million dollars approved11.7
- Most active CDCBusiness Finance Group, Inc. (12)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$27.9 m
The average approval of $337,879 sits well above the median of $150,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 7.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Falls Church city
SBA loan default and charge-off rates in Falls Church city
Do SBA loans in Falls Church city get paid back?
- Loans with a final outcome recorded7
- Paid in full7
- Charged off0
- Status: Cancelled3
- Status: Exempt from disclosure28
- Status: Paid in full7
- Status: Committed, not yet disbursed5
Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Falls Church city
SBA lending by place in Falls Church city
- Borrower cities with recorded lending3
- Falls Church, approvals41
- Aldie, approvals1
- McLean, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Falls Church | 41 | $13,743,800 |
| Aldie | 1 | $710,000 |
| McLean | 1 | $75,000 |
Falls Church accounts for 41 approvals against 1 in Aldie. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Falls Church city
How large is Falls Church city?
- Land area2 sq mi
- Rank by land area among Virginia independent cities132nd of 133
- Width, east to west2.4 mi
- Height, north to south1.7 mi
- Geographies sharing a boundary2
- Residents per square mile of land7,355
- Establishments per square mile441.50
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Falls Church city
Flood risk in Falls Church city
- Participation of the county's own NFIP community Falls Church, city ofParticipating, community 510054
- Community Rating System class of the county's own communityClass 7
- Communities in the county in the NFIP Community Status Book1
- Of those, participating in the NFIP1
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class1
- Radon levels in Falls Church city, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, the City of Falls Church (community 510054), participates in the National Flood Insurance Program and carries Community Rating System class 7, a flood insurance premium discount for policies written there. The EPA places Falls Church city in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 7, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Falls Church city site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Falls Church city site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202414,710
- Households6,273
- Average household size2.34
- Median household income$143,262
- Median age40.5
Common questions
Falls Church city questions, answered from the record.
How many people live in Falls Church city, Virginia?
The Census Bureau estimates 15,034 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 14,710, in 6,273 households, ranking 101st of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Falls Church city's population growing?
The population has grown 2.57 percent since the 2020 census base of 14,657, to 15,034 on July 1, 2024. In 2024 there were 158 births against 101 deaths, with net migration of 172. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Falls Church city?
$143,262. The median owner-occupied home is valued at $1,055,600, which is 7.4 times income, and median gross rent is $2,190 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Falls Church city?
883 establishments, employing 10,152 people with an annual payroll of $663.1 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Falls Church city?
Health care and social assistance is the largest private sector at 2,133 jobs, 17.2 percent of covered employment. Covered employment averages 12,423 jobs at an average annual pay of $83,495, or $1,606 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Falls Church city?
43 7(a) approvals totaling $14.5 m since FY2020, across 23 lenders, with a median approval of $150,000, plus 15 504 approvals worth $13.4 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Falls Church city?
18 housing units were authorized by permit in 2024, with a declared construction value of $12.8 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Falls Church city?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Falls Church city come from?
The largest single origin is Fairfax County, with 323 households. Arriving households report an average income of $115,511 against $157,019 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Falls Church city on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Falls Church city?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
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