Source: ESRI
As of 2024 the population of Faulkton is 827. The population is expected to grow to 827 by 2029 - a growth rate of 0.00%.
The median age of Faulkton residents is 48.
The diversity index of Faulkton is 20.4, meaning that there is a 20% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Faulkton is $68,641 and projected to be $77,332 in 2029. Per capita income is $24,547, projected to be $27,159 in 2029. 0.36% of households – 3 – have an income of $200,000 or higher. Average net worth is $410,160 and the average disposable income is $59,068.
There are 387 housing units in Faulkton; 220 are owner-occupied, 73 are rented, and 94 are vacant. The average home value is $246,818, with 5 homes built in 2010 or later, and 111 built in 1939 or earlier.
There are 82 businesses in Faulkton, employing 534 workers and pulling from a labor force of 323 age 16 and above. 49 workers commute into Faulkton from outside the county or state. Key industries for the area include:
274 residents both live and work in/around Faulkton. The average travel time is 0.0 minutes. 55.84% people have a commute of less than 5 minutes while 0% commute 90 minutes or more each way. Of commuters, 260 drive alone, 19 carpool, and 0 take public transportation. 20 use other modes of transport such as motorcycle, bicycle, walking, etc. 24 residents work from home.
186 members of the workforce hold a high school diploma or GED. 103 have associates degrees, 78 have bachelor’s degrees, and 46 hold a graduate or professional degree.
