Is Valley Falls, Rhode Island a Good Place To Live? - Living In Valley Falls, RI
Is Valley Falls, Rhode Island a good place to live?
Valley Falls is a city in Rhode Island state in USA with a population of 11548 residents..
The poverty rate of Valley Falls is 7.6%, which is 46% lower than national average.
The typical household in Valley Falls earns $88927 a year, compared to the national median of $67,500.
Nearly 32.5% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Valley Falls, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Valley Falls remained 2.2%, which is 53% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Valley Falls, only 29% of adults have a bachelor's degree and 27% have some college but no degree.
Cost of living in Valley Falls is 115, which is 15% higher than national average. Median home value in Valley Falls is $265800 , which is 16% higher than national average. While median income in Valley Falls remained $88927, which is 32% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Valley Falls, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Valley Falls remained 2.2%, which is 53% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Valley Falls, only 29% of adults have a bachelor's degree and 27% have some college but no degree.
Cost of living in Valley Falls is 115, which is 15% higher than national average. Median home value in Valley Falls is $265800 , which is 16% higher than national average. While median income in Valley Falls remained $88927, which is 32% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
11548
Unemployment
2.2%
Poverty
7.6%
Overall Score
7
Median Home Cost
$265800
16%
NAT AVG.
Median Income
$88927
32%
NAT AVG.
Median Rent
$910
22%
NAT AVG.
Cost Of Living
115
15%
NAT AVG.
People Living BPL
1 in 13
Unemployed People
1 in 45
People Earning < $10,000
1 in 19
People Earning < $50,000
32.5%
People with <= High School
1 in 2.3
People With Any Degree
1 in 2.6
Pros & Cons Overview
Jobs90%
Housing80%
Affordability85%
Safety90%
Amenities90%
Diversity80%
Education70%
Commute80%
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