Fallston, NC Profile: Facts & Data

The Town of Fallston had a population of 649 as of July 1, 2024. Fallston ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in North Carolina. See peer rankings below.

The primary coordinate point for Fallston is located at latitude 35.429 and longitude -81.5015 in Cleveland County. The formal boundaries for the Town of Fallston encompass a land area of 2.16 sq. miles and a water area of 0 sq. miles. Cleveland County is in the Eastern time zone (GMT -5).

The Town of Fallston has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Fallston is located within , a minor civil division (MCD) of Cleveland County.

Fallston, NC Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	649 (100%)
Population in Households	629 (96.9%)
Population in Families	518 (79.8%)
Population in Group Quarters¹	20 ( 3.1%)
Population Density	300
Diversity Index²	31


INCOME
Median Household Income	$63,083
Average Household Income	$83,614
% of Income for Mortgage⁴	22%
Per Capita Income	$32,373
Wealth Index⁵	77
Socioeconomic Status Index⁶	Moderate (47.5)

HOUSING
Total HU (Housing Units)	275 (100%)
Owner Occupied HU	193 (70.2%)
Renter Occupied HU	58 (21.1%)
Vacant Housing Units	24 ( 8.7%)
Median Home Value	$221,667
Average Home Value	$228,756
Housing Affordability Index³	115

HOUSEHOLDS
Total Households	251
Average Household Size	2.51
Family Households	160
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Fallston, NC - Peer Comparisons by Rank and Percentile

The table below compares Fallston to the other 777 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.81%	0.40%
Households	1.46%	0.55%
Families		2.50%
Median Household Income		0.11%
Per Capita Income		3.72%
Owner Occupied HU		2.18%

Variable Description	Rank	Percentile
Total Population	# 524	33rd
Population Density	# 582	25th
Median Household Income	# 317	59th
Housing Affordability Index	# 502	65th
Per Capita Income	# 382	51st
Diversity Index	# 648	17th

Fallston, NC Profile: Facts & Data

Fallston, North Carolina - Basic Facts

Fallston, NC Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fallston, NC - Peer Comparisons by Rank and Percentile

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