Valley Falls
- Population
- 12,370
- Median household income
- $93,653
- Median home value
- $347,900
+4.1%’19–’23
+12.7%’19–’23
+45.6%’19–’23
Valley Falls is a community in Providence County, Rhode Island, home to 12,370 residents. At $93,653, its median household income sits above Providence County's $78,204.
Between 2019 and 2023, Valley Falls's population grew 4.1% from 11,882 to 12,370, while its median home value rose 45.6% from $239,000 to $347,900.
The typical home was built around 1964. 4.9% of residents live below the poverty line.
Demographics
ACS 2019–2023- Population
- 12,370
- Median age
- 42.8 yrs
- Median household income
- $93,653
- Median home value
- $347,900
- Median gross rent
- $1,160
- Housing units
- 5,078
- Homeownership rate
- 68.4%
- Bachelor's degree or higher
- 27.6%
- Unemployment rate
- 3.1%
Trends
ACS 5-year · 2019–202311,88212,370
$83,090$93,653
$239,000$347,900
$876$1,160
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 11,882 | $83,090 | $239,000 | $876 |
| 2020 | 11,548 | $88,927 | $265,800 | $910 |
| 2021 | 12,064 | $90,851 | $280,500 | $947 |
| 2022 | 12,072 | $93,901 | $322,800 | $1,049 |
| 2023 | 12,370 | $93,653 | $347,900 | $1,160 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 55.9%
5 to 1715.2%
18 to 246.7%
25 to 3410.7%
35 to 4414.6%
45 to 5413.3%
55 to 6416.7%
65 to 7411.5%
75 and over5.3%
| Count | Share | |
|---|---|---|
| Under 5 | 732 | 5.9% |
| 5 to 17 | 1,879 | 15.2% |
| 18 to 24 | 832 | 6.7% |
| 25 to 34 | 1,329 | 10.7% |
| 35 to 44 | 1,809 | 14.6% |
| 45 to 54 | 1,645 | 13.3% |
| 55 to 64 | 2,069 | 16.7% |
| 65 to 74 | 1,420 | 11.5% |
| 75 and over | 655 | 5.3% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 9,841 | 79.6% |
| Black or African American | 648 | 5.2% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 50 | 0.4% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 26 | 0.2% |
| Two or more races | 772 | 6.2% |
| Hispanic or Latino (any race) | 1,033 | 8.4% |
Educational attainment (age 25+)
No high school diploma15.0%
High school graduate28.0%
Some college or associate's29.3%
Bachelor's degree22.2%
Graduate or professional degree5.4%
| Count | Share | |
|---|---|---|
| No high school diploma | 1,343 | 15.0% |
| High school graduate | 2,496 | 28.0% |
| Some college or associate's | 2,620 | 29.3% |
| Bachelor's degree | 1,986 | 22.2% |
| Graduate or professional degree | 482 | 5.4% |
Commute to work
- Mean travel time to work
- 25 min
Drove alone78.2%
Carpooled12.6%
Public transit0.5%
Walked0.7%
Bicycle0.0%
Worked from home6.5%
Other means1.7%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 5,163 | 78.2% |
| Carpooled | 829 | 12.6% |
| Public transit | 31 | 0.5% |
| Walked | 43 | 0.7% |
| Bicycle | 0 | 0.0% |
| Worked from home | 426 | 6.5% |
| Other means | 109 | 1.7% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 1,183 | 19.2% |
| 15 to 29 min | 2,951 | 47.8% |
| 30 to 44 min | 1,324 | 21.4% |
| 45 to 59 min | 349 | 5.7% |
| 60+ min | 368 | 6.0% |
Households
- Average household size
- 2.54
- Poverty rate
- 4.9% (604 of 12,319)
| Count | Share | |
|---|---|---|
| Family households | 3,511 | 72.3% |
| Nonfamily households | 1,342 | 27.7% |
Housing
- Median year structure built
- 1964
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 4,853 | 95.6% |
| Vacant | 225 | 4.4% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 3,319 | 68.4% |
| Renter-occupied | 1,534 | 31.6% |
1-unit, detached65.8%
1-unit, attached2.2%
2 to 4 units22.9%
5 to 19 units1.4%
20 or more units6.5%
Mobile home & other1.2%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 3,339 | 65.8% |
| 1-unit, attached | 112 | 2.2% |
| 2 to 4 units | 1,163 | 22.9% |
| 5 to 19 units | 71 | 1.4% |
| 20 or more units | 332 | 6.5% |
| Mobile home & other | 61 | 1.2% |
Geography
- Place GEOID
- 4472500
- Type (LSAD)
- 57
- Land area
- 3.55 sq mi
- Water area
- 0.12 sq mi
- Center point
- 41.9235, -71.3905
Compare with nearby cities
5Rhode Island rankings
21- Largest by population in Rhode Island
- Most densely populated in Rhode Island
- Highest median household income in Rhode Island
- Highest median home value in Rhode Island
- Most affordable home values in Rhode Island
- Highest median gross rent in Rhode Island
- Cheapest median gross rent in Rhode Island
- Oldest by median age in Rhode Island
- Youngest by median age in Rhode Island
- Most college-educated in Rhode Island
- Highest poverty rate in Rhode Island
- Lowest poverty rate in Rhode Island
- Highest homeownership rate in Rhode Island
- Lowest homeownership rate in Rhode Island
- Longest commutes in Rhode Island
- Shortest commutes in Rhode Island
- Largest households in Rhode Island
- Newest housing in Rhode Island
- Oldest housing in Rhode Island
- Fastest-growing (2019–2023) in Rhode Island
- Fastest-shrinking (2019–2023) in Rhode Island