Fallcrest is ruled by the Markelhay Family, and the current Lord of Fallcrest is Kolvir Markelhay. Noble rule is diminishing as the coffers grow empty and the guards look for other means of filling their pockets, by legitimate means or otherwise.
Fallcrest's trade is mostly agricultural, with farmsteads pockmarking the surrounding hills, but within the city walls there are inns, smiths, merchants, and shady fences aplenty. Fallcrest's population is primarily human, but travelers of most races have settled there, including dwarves, a few elves, and the occasional dragonborn.
Fallcrest is beset by poverty, crime, and superstition. Antagonism against orcs, half-demon tieflings, and some magic practitioners has become commonplace, and recent executions of accused "witches" by barbarian clans in the town's square have caused major concern's for the Markelhays, who seek to maintain their power.