Valley Falls, RI

Full City Profile · Rhode Island · Providence County County

4.2 /5.0
A Great
12,370 Population 3,485/sq mi density
$93,653 Median Income $41,570 per capita
$347,900 Home Value $374,153 Zillow
$1,160 Median Rent 28.6% income on rent
51°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.7 / 5.0
$93,653 median income, 3.1% unemployment
A+
Affordability
4.6 / 5.0
$347,900 home value, $1,160/mo rent
B
Education
3.2 / 5.0
27.6% bachelor's degree or higher

Valley Falls, RI

At a Glance

Median Income
$93,653
25% above
$41,570 per capita
Home Value
$347,900
23% above
Zillow: $374,153
Median Rent
$1,160/mo
0% below
28.6% of income on rent
Bachelor's Degree+
27.6%
18% below
85.0% high school+
Unemployment
3.1%
14% below
3.9% poverty rate
Obesity Rate
31.6%
2% below
12.5% smoking rate
Avg Temperature
51°F

How Valley Falls Compares to the U.S. Average

Each bar shows Valley Falls's value as a percentage of the national average (100% = U.S. avg)

Income
125%
Home Value
123%
Rent
100%
Poverty
31%
Bachelor's
82%
Unemployment
86%
Thin vertical line = U.S. national average (100%)

Is Valley Falls a Good Place to Live?

A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Valley Falls residents earn a median household income of $93,653 , which is 25% above the national average of $75,149. Per capita income is $41,570. The unemployment rate stands at 3.1% (14% below the U.S. rate of 3.6%). 3.9% of residents live below the poverty line. The area is home to 24,426 business establishments, including 1,793 restaurants.

Housing & Cost of Living

The median home value in Valley Falls is $347,900 , 23% above the national median of $281,900. Zillow estimates the typical home at $374,153. Median rent is $1,160/month, with 28.6% of renters spending more than 30% of income on housing. The cost of living index is 102.3 (100 = national average). The median home was built in 1965.

Education

27.6% of adults in Valley Falls hold a bachelor's degree or higher (18% below the national average). 85.0% have completed high school. Local schools score 4.9/10 in standardized testing.

Climate & Weather

Valley Falls has an average annual temperature of 51°F (11°C). Winters average 28°F in January while summers reach 74°F in July. Annual precipitation totals 51.9 inches. Air quality is rated Good with a median AQI of 38.

Data Overview

People

Population12,370
Median Age42.8 yrs
Density3,485/mi²
Male / Female49% / 52%
Foreign Born15.5%
Veterans3.9%

Economy

A+
Median Income$93,653
Per Capita$41,570
Unemployment3.1%
Poverty3.9%
County GDP$46,727M
Avg Weekly Wage$1,324

Housing

A+
Home Value$347,900
Rent$1,160
Ownership68.4%
Zillow$374,153
Housing Units5,122
Rent Burden28.6%

Health

Obesity31.6%
Diabetes8.9%
Smoking12.5%
Heart Disease5.2%
Premature Death7,036/100K

Climate

Avg Temp51°F
Rain51.9 in/yr
AQI38 (Good)
Elevation173 ft

Education

B
Bachelor's+27.6%
High School+85.0%
Graduate+5.8%
School Score4.9/10

Community

2024 VoteR 42% / D 56%
Commute25 min
Broadband87.4%
Internet Speed261 Mbps
EV Stations5
Libraries39

Did You Know?

The median home in Valley Falls was built in 1965.
The nearest airport is Rhode Island Tf Green International (14 miles).
The Gini coefficient (income inequality) is 0.462 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
12.4% of the population has a disability.
15.5% of residents are foreign-born.
Average internet download speed is 261 Mbps.
There are 1,793 restaurants in the area.
The county recorded 28 fatal vehicle crashes.
91 declared natural disasters on record.