This study aimed to assess the effect of Kilangin Falls on the socioeconomic well-being of selected residents in Liliw, Laguna. The research focused on various dimensions, including access to quality education, property ownership, community resources, and employment opportunities. Employing a quantitative descriptive research design, the study utilized a survey-based approach with a sample of forty residents. Data collection involved distributing structured questionnaires to gather insights on the residents perceptions of Kilangin Falls effects, utilizing checklist and Likert scales for comprehensive insights. The collected data were analyzed using appropriate statistical treatments. The findings revealed that Kilangin Falls significantly enhances the socioeconomic well-being of the respondents, particularly in terms of access to quality education, community resources, and employment opportunities. However, its contribution to property ownership remains limited, indicating a need for action to support residents in achieving long-term economic stability. Additionally, the study identified significant difference between the demographic profile and the socioeconomic well-being, indicating that factors such as age, sex, marital status, educational attainment, occupation, and monthly income influenced how residents perceived the effect of Kilangin Falls on their lives. In conclusion, the research provided significant insights into the socioeconomic benefits associated with Kilangin Falls, emphasizing the importance of developing targeted programs to further enhance its tourism appeal and support local community development.