Falls Church: Economy & Jobs

Falls Church reports a median household income of $143,262 (about the same as Falls Church city median $143,262; 1.5× higher than Virginia median $93,170), with homes at a median value of $1,055,600. The surrounding county supports 12,423 jobs (avg $83,495).

Income & Affordability

Median household income $143,262 — above the Virginia median ($92,968). Poverty rate 4.0% (U.S. average ~12.5%). 34% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income7.4×
Affordability · Home Affordabilityvery expensive
Affordability · Rent Pct Income18.5%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened34.3%
Affordability · Poverty Rate4.0%
Affordability · Property Tax Pct Income7.0%
Irs Income · IRS tax returns filed$7,280
Irs Income · Total Adjusted Gross Income (thousands)$1,464,361
Irs Income · Average AGI per return$201,148 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$176,322
Median Household Income$143,262 (vs Virginia $92,968) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate4.0%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryProfessional
Economic Character · Income Levelaffluent
Economic Character · Median Income$143,262

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.6% — below the U.S. average of ~4%. 33% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min28.70
Commuter Profile · Work From Home Pct32.7%
Commuter Profile · Profileremote work hub
Employment · Avg annual employment (county)12,423
Employment · Total annual wages (county)$1,037,268,184
Employment · Average annual pay$83,495
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment3,981,130
Unemployment Rate3.6% (vs Virginia 2.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Business Patterns · Establishments (employer count)882
Business Patterns · Total Employees9,733
Business Patterns · Annual Payroll Thousands627,607
Business Patterns · Year2022

Sources: Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores10
Local Businesses · Convenience Stores3
Local Businesses · Liquor Stores3
Local Businesses · Gas Stations6
Local Businesses · Electronics Stores4
Local Businesses · New Car Dealers3
Local Businesses · Used Car Dealers5
Local Businesses · Barber Shops4

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants51
Dining Scene · Fast Food34
Dining Scene · Coffee Snacks16

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (20)

JPMorgan Chase Bank, National Association
SEVEN CORNERS · 6367 Seven Corners Ctr · 22044
Wells Fargo Bank, National Association
MERRIFIELD BRANCH · 2903 Gallows Rd · 22042
TD Bank, National Association
SEVEN CORNERS BRANCH · 6198 Arlington Blvd · 22044
Bank of America, National Association
SEVEN CORNERS BRANCH · 6307 Arlington Blvd · 22044
Manufacturers and Traders Trust Company
TYSONS CORNER BRANCH · 7799 Leesburg Pike · 22043
Truist Bank
BAILEY'S CROSSROADS BRANCH · 5871 Leesburg Pike · 22041
Manufacturers and Traders Trust Company
FALLS CHURCH BRANCH · 133 S Washington St · 22046
PNC Bank, National Association
BOULEVARD BRANCH · 7267 Arlington Blvd · 22042
Wells Fargo Bank, National Association
JEFFERSON VILLAGE BRANCH · 2928 Annandale Rd · 22042
Capital One, National Association
IDYLWOOD PLAZA BRANCH · 7501 Leesburg Pike · 22043
Truist Bank
FALLS PLAZA BRANCH · 1202 W Broad St · 22046
Wells Fargo Bank, National Association
FALLS CHURCH BRANCH · 1000 W Broad St · 22046
Burke & Herbert Bank & Trust Company
SKYLINE BRANCH · 5705 Seminary Rd · 22041
United Bank
FALLS CHURCH BRANCH · 7115 Leesburg Pike · 22043
PNC Bank, National Association
BAILEY'S CROSSROADS BRANCH · 3558 S Jefferson St · 22041
Citibank, National Association
MERRIFIELD BRANCH · 8191 Strawberry Ln · 22042
Truist Bank
WESTLAWN BRANCH · 3030 Annandale Rd · 22042
Wells Fargo Bank, National Association
BAILEYS CROSSROADS BRANCH · 5797 Leesburg Pike · 22041
Burke & Herbert Bank & Trust Company
FALLS CHURCH BRANCH · 225 W Broad St · 22046
Bank of America, National Association
YORKTOWNE BRANCH · 8128 Arlington Blvd · 22042

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

CVS Pharmacy 1411
Other · 8124 Arlington Rd
Ummah Market
Other · 6053 Leesburg Pike
HARRIS TEETER 279
Super Store · 6351 Columbia Pike
CVS PHARMACY 1905
Other · 134 W Broad St
Fair Food Supermarket Inc
Grocery Store · 6019 Leesburg Pike
Nearest Snap · NameCVS Pharmacy 1411
Nearest Snap · Total In Area82

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameGREATER FALLS CHURCH CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$116,322,307
Federal Spending · Per Capita7,935.76 (vs Virginia $14,580)
Federal Spending · Population14,658 people (vs Virginia 42,214)

Sources: USAspending API

Other

Pct Drove Alone49.2%
Pct Public Transit3.5%
Pct Walked32.7%
Retirement Score · Median age40.5 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct23.0%
Retirement Score · Va AccessYes
Retirement Score · Factorsolder population, VA nearby
Retirement Score · Ratingfair

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12