Valley Falls, Rhode Island

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
12,072
Population
$93,901
Median Income
$322,800
Home Value
46.4
Median Age

Demographics

Valley Falls has a population of 12,072 with a median age of 46.4. Here is the racial and ethnic breakdown of the population:

White
84.8%
Hispanic
11.2%
Black
2.6%
Other
1.0%
Demographic Value
Total Population12,072
Median Age46.4
White84.8%
Black or African American2.6%
Asian0.4%
Hispanic or Latino11.2%
Other / Two or More Races1.0%

Income & Economy

The median household income in Valley Falls is $93,901, which is 25.0% above the national median of $75,149. The per capita income is $42,156. The poverty rate is 6.3%.

$93,901
Median Household Income
$42,156
Per Capita Income
6.3%
Poverty Rate

Employment

The unemployment rate in Valley Falls is 2.8%, compared to the national rate of 5.4%.

Education

In Valley Falls, 84.0% of residents age 25+ have a high school diploma or higher, and 27.2% hold a bachelor's degree or higher (5.8% with a graduate or professional degree).

HS Diploma+
84.0%
Bachelor's+
27.2%
Graduate+
5.8%
Education Level % of Adults (25+)
High School Diploma or Higher84.0%
Bachelor's Degree or Higher27.2%
Graduate or Professional Degree5.8%

Housing

The median home value in Valley Falls is $322,800, above the national median of $281,900. The median monthly rent is $1,049. The homeownership rate is 70.4%.

$322,800
Median Home Value
$1,049/mo
Median Rent
70.4%
Homeownership Rate
Housing Metric Value
Median Home Value$322,800
Median Monthly Rent$1,049
Homeownership Rate70.4%
Vacancy Rate3.7%

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Frequently Asked Questions

What is the population of Valley Falls, Rhode Island?
The population of Valley Falls, Rhode Island is 12,072 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Valley Falls, Rhode Island?
The median household income in Valley Falls, Rhode Island is $93,901. This is 25.0% above the national median of $75,149.
What is the median home value in Valley Falls, Rhode Island?
The median home value in Valley Falls, Rhode Island is $322,800. The median monthly rent is $1,049.
What percentage of people in Valley Falls have a college degree?
In Valley Falls, Rhode Island, 27.2% of adults age 25 and older hold a bachelor's degree or higher, and 84.0% have a high school diploma or higher.
Is Valley Falls, Rhode Island an affordable place to live?
The home price-to-income ratio in Valley Falls, Rhode Island is 3.4x (median home value $322,800 vs. median income $93,901), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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