Income & Economy in Fallston, MD

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$154,400

+111% vs national

Per Capita Income

$63,159

+70% vs national

Poverty Rate

4.9%

-64% vs national

Gini Index

0.3876

0 = perfect equality

Unemployment

0.5%

-90% vs national

SNAP Recipients

2.1%

of households

How Fallston Compares

Source: Census ACS (2023)

Fallston vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Fallston is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Fallston. The median household income here is $154,400.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.7%
$25-50K
4.9%
$50-75K
7.6%
$75-100K
11.8%
$100-150K
16.9%
$150-200K
20.7%
$200K+
31.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.5%

-89% vs MD avg

Labor Force

5,306

Employed

5,278

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

34.9%

of adults 25+

High School Diploma+

51.1%

of adults 25+

Median Age

47.6

Work from Home

19.5%

of workers

The median household income in Fallston, MD is $154,400, which is 110.9% above the national average of $73,224. Per capita income is $63,159. The poverty rate of 4.9% is lower than the MD state average of 9.4%. The Gini index of income inequality is 0.3876, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.5%, compared to the state average of 4.7%. 34.9% of adults hold a bachelor's degree or higher.