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Valley Falls, Rhode Island Demographics & Population 2026

During the 2020–2024 ACS period, Valley Falls, Rhode Island had a total population of 12,657, the 10th largest community in Rhode Island, with a median household income of $92,901, which is 6% higher than the state average. The poverty rate is 4.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Valley Falls Quick Facts

Population 12,657
Median Household Income $92,901
Median Home Value $375,200
Poverty Rate 4.1%
Unemployment Rate 3.4%
Median Age 41.7 years
Homeownership Rate 67.8%
Affordability Ratio 4.0x
Bachelor's Degree or Higher 29.1%
High School Graduation Rate 87.4%
Diversity Index 38/100
Population 12,657 10th of 36
Median Income $92,901 average
Poverty Rate 4.1% 67% lower than national
Median Home Value $375,200 below average

How Valley Falls Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population12,37012,657+2.3%
Median household income$93,653$92,901-0.8%
Median home value$347,900$375,200+7.8%

How Valley Falls Compares

Economy & Housing

Household Income Distribution

Under $25K 8.6%
$25K-$50K 17.9%
$50K-$100K 26.7%
$100K+ 46.9%
Detailed income brackets
Under $10K
1.5%
$10K-$15K
1.7%
$15K-$20K
2.7%
$20K-$25K
2.6%
$25K-$30K
3.7%
$30K-$35K
3.6%
$35K-$40K
2.9%
$40K-$45K
2.6%
$45K-$50K
5.1%
$50K-$60K
2.6%
$60K-$75K
12.7%
$75K-$100K
11.3%
$100K-$125K
13.8%
$125K-$150K
14.4%
$150K-$200K
11.8%
$200K+
6.9%

Employment

3.4% Unemployment Rate State: 5.8%|National: 5.2%
71.0% Labor Force Participation

Housing Overview

Owner 67.8%
Renter 32.2%
Affordability Index Moderate
4.0x home value to income ratio
Median gross rent $1,362/mo 17.6% of median household income annually

People & Demographics

Diversity Index

38out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 50 | National average: 61

Education

Valley Falls Rankings in Rhode Island

#10 Population of 36
#21 Median Income of 35
#26 Education of 36
#22 Home Value of 35

Other Cities in Providence County

CityPopulationMedian IncomePovertyHome Value
Providence 191,767 $68,119 20.7% $362,200
Cranston 83,250 $90,206 10.2% $378,300
Pawtucket 75,893 $68,310 13.3% $325,500
East Providence 47,281 $75,912 10.1% $365,500
Woonsocket 43,521 $61,059 18.7% $311,000
Central Falls 22,701 $49,285 24.6% $352,100
Cumberland Hill 8,648 $130,506 4.7% $394,300
Greenville 8,296 $97,234 4.8% $434,700
Pascoag 4,410 $121,369 11.4% $365,000
Chepachet 1,923 $92,971 3.5% $279,400

Cities Similar to Valley Falls

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Newport East11,069$89,028$485,40042.3%11.7%
Wakefield-Peace Dale9,302$106,551$494,40059.6%9.5%
Westerly18,411$95,207$448,80043.3%5.7%
Greenville8,296$97,234$434,70038.1%4.8%
Tiverton8,091$99,158$407,20040.2%4.4%

Population Overview

Valley Falls is a small city located in Rhode Island, within Providence County. The total population is 12,657. It ranks as the 10th most populous out of 36 Census-designated places in Rhode Island.

Age Demographics

The median age in Valley Falls is 41.7 years. This is 3% higher than the state median of 40.6 years.

Economy, Income & Housing

The median household income in Valley Falls is $92,901. This is 6% higher than the state median of $87,796. It is also 15% higher than the national median of $80,734. The poverty rate stands at 4.1%. This is 63% lower than the state poverty rate of 11.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.4%. This is 42% lower than the state rate of 5.8%. The median home value is $375,200. Housing costs are 7% lower than the state median of $404,200. The home-value-to-income ratio is 4.0x. 67.8% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 63.6%.

Race & Ethnicity

The largest racial or ethnic group in Valley Falls is White (non-Hispanic), making up 77.5% of the population. Hispanic or Latino residents account for 9.2%. The Asian population (0.5%) is well below the state average of 3.5%.

Education

29.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 23% lower than the state rate of 37.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.4%.

Data Sources & Methodology

All demographic data for Valley Falls, Rhode Island is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Rhode Island state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 36 Census-designated places in Rhode Island. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Rhode Island city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Valley Falls, Rhode Island?

Valley Falls, Rhode Island has a population of 12,657 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Valley Falls, RI?

The median household income in Valley Falls is $92,901, which is 15% higher than the national median of $80,734.

What is the poverty rate in Valley Falls, RI?

The poverty rate in Valley Falls is 4.1%. This means approximately 520 residents live below the federal poverty line.

What is the racial makeup of Valley Falls, Rhode Island?

Valley Falls's population is 77.5% White, 6.6% Black, 9.2% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Valley Falls, RI?

The median home value in Valley Falls is $375,200. The home-value-to-income ratio is 4.0x.

How educated is Valley Falls, Rhode Island?

29.1% of adults (25+) in Valley Falls hold a bachelor's degree or higher, and 6.4% hold a graduate or professional degree.