Top Industries in Falmouth
Falmouth is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Falmouth include:
Healthcare
Healthcare remains a cornerstone of Falmouth's economy, with significant contributions from local hospitals and clinics. The demand for healthcare professionals continues to rise, driven by an aging population and advancements in medical technology.
Range: $50-$120k
Growth rate: 5% annually
Tourism and Hospitality
Tourism is a vital industry in Falmouth, attracting visitors to its scenic beaches and historic sites. The hospitality sector offers a range of employment opportunities, particularly during the peak tourist season.
Range: $30-$70k
Growth rate: 3% annually
Marine Research
Falmouth is renowned for its marine research institutions, contributing significantly to scientific advancements and environmental conservation. This sector offers specialized roles for researchers and technicians.
Range: $60-$130k
Growth rate: 4% annually
Education
Education is a key sector in Falmouth, with opportunities ranging from primary education to specialized research roles. The presence of renowned educational institutions supports a steady demand for educators and administrative staff.
Range: $40-$90k
Growth rate: 2% annually
Employment Trends and Growth Rates
Falmouth's employment trends in 2024 indicate a steady growth in sectors like healthcare and marine research, driven by local demand and innovation.
The town's job market is adapting to changes with a focus on sustainable practices and technological integration.
Income inequality remains a concern, with efforts underway to address disparities through community programs and educational initiatives.
Job turnover rates are relatively stable, with a notable increase in demand for skilled professionals in healthcare and research.
Job Market for Remote and Freelance Workers in Falmouth
Remote work is gaining traction in Falmouth, with approximately 35% of the workforce engaging in remote or hybrid roles.
Local companies in tech and marketing are increasingly offering remote positions, reflecting national trends.
Falmouth's proximity to major urban centers enhances its appeal for remote workers seeking a balanced lifestyle.
City-specific job boards and networking events are emerging to support the growing remote workforce.
Job Resources and Networking
Falmouth offers a variety of job resources, including local job boards and career fairs tailored to the community's needs.
Key resources include the Falmouth Chamber of Commerce and local career development centers.
Networking events and workshops are regularly held to connect job seekers with potential employers.
Local platforms such as CapeCodWorks.com provide targeted job listings for the region.
Property Prices Rankings
The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Full Property Prices Rankings