Falling Water vs Lakesite

A side-by-side comparison of Falling Water and Lakesite: population, income, housing, and more.

Falling Water and Lakesite are places in Tennessee. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Falling Water has the higher population (2,090 vs 2,026 in Lakesite). Falling Water has the higher median household income ($113,160 vs $92,847 in Lakesite). Falling Water has the higher median home value ($398,400 vs $299,300 in Lakesite).

Population, income & housing

	Falling Water	Lakesite
Population	2,090	2,026
Median age	43.8 yrs	40.3 yrs
Median household income	$113,160	$92,847
Median home value	$398,400	$299,300
Median gross rent	$711	$1,060
Housing units	819	877
Homeownership rate	89.9%	82.1%
Bachelor's degree or higher	45.3%	36.0%
Unemployment rate	1.4%	3.3%

Trends (ACS 5-year, 2019–2023)

	Falling Water	Lakesite
Population	1,280 → 2,090 (+63.3%)	2,028 → 2,026 (-0.1%)
Median household income	$71,458 → $113,160 (+58.4%)	$70,114 → $92,847 (+32.4%)
Median home value	$238,400 → $398,400 (+67.1%)	$215,700 → $299,300 (+38.8%)
Median gross rent	$917 → $711 (-22.5%)	$898 → $1,060 (+18.0%)

Falling Water

Population

1,2802,090

Median household income

$71,458$113,160

Median home value

$238,400$398,400

Median gross rent

$917$711

Lakesite

Population

2,0282,026

Median household income

$70,114$92,847

Median home value

$215,700$299,300

Median gross rent

$898$1,060

Age & race/ethnicity

Age distribution (share)

	Falling Water	Lakesite
Under 5	5.3%	8.8%
5 to 17	14.7%	18.2%
18 to 24	4.8%	7.3%
25 to 34	11.1%	9.1%
35 to 44	15.2%	13.8%
45 to 54	14.8%	11.0%
55 to 64	15.2%	13.4%
65 to 74	13.3%	13.3%
75 and over	5.5%	5.1%

Race & ethnicity (share)

	Falling Water	Lakesite
White (non-Hispanic)	89.6%	90.2%
Black or African American	3.2%	0.5%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.4%	0.0%
Some other race	0.0%	0.0%
Two or more races	4.5%	5.7%
Hispanic or Latino	2.2%	3.5%

Educational attainment (age 25+)

Share of adults 25+

	Falling Water	Lakesite
No high school diploma	2.9%	4.1%
High school graduate	15.5%	24.9%
Some college or associate's	36.3%	35.0%
Bachelor's degree	27.9%	28.1%
Graduate or professional degree	17.4%	7.9%

Commute to work

How workers get to work (share)

	Falling Water	Lakesite
Drove alone	71.3%	72.8%
Carpooled	6.5%	7.2%
Public transit	0.0%	0.4%
Walked	1.1%	0.4%
Bicycle	0.0%	0.0%
Worked from home	21.1%	15.3%
Other means	0.0%	4.0%

Housing

Units in structure (share)

	Falling Water	Lakesite
1-unit, detached	85.8%	79.8%
1-unit, attached	3.2%	0.7%
2 to 4 units	2.7%	7.1%
5 to 19 units	0.0%	5.9%
20 or more units	0.0%	1.1%
Mobile home & other	8.3%	5.4%

Poverty & households

	Falling Water	Lakesite
Poverty rate	3.7%	7.4%
Average household size	2.65	2.73
Mean commute (minutes)	29	27
Median year structure built	1996	1989