Income & Economy in Falmouth CDP, VA (22405)
Median Income
$128,315
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,037
Wealth inflow
Population
36,093
Unemployment
3.3%
0.4pp below US avg
IRS migration statistics show a net inflow of about 2,037 for ZIP 22405 (Falmouth CDP, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 22405 (2020–Present)
Since 2020, population grew 7.8%, median income rose 2.5% (inflation-adjusted), home values increased 7.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $128,315 |
| Unemployment | 3.3% |
| Establishments | 601 |
| Employees | 5,247 |