Falls Village is a village and census-designated place in the town of Canaan in Litchfield County, Connecticut, United States. As of the 2010 census it had a population of 538, out of 1,234 in the entire town of Canaan. Because Falls Village is the town center and principal constituent village in Canaan, the entire town is often referred to as "Falls Village". That usage also avoids confusion of the town with Canaan Village in the town of North Canaan, Connecticut, just to the north. Falls Village derives its name from a waterfall, known as Great Falls, on the Housatonic River within the village.

Canaan is a town in Litchfield County, Connecticut, United States. The population was 1,080 at the 2020 census, down from 1,234 at the 2010 census. The town is part of the Northwest Hills Planning Region. The town of Canaan is often referred to locally by the name of its principal settlement, Falls Village.