Pros and Cons of Living In Valley Falls, Rhode Island. Is Valley Falls, RI a Nice Place To Live or Retire?

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Valley Falls, Rhode Island

Moving to Valley Falls In Rhode Island ? Is Valley Falls, RI a Nice Place To Live? Pros and Cons of Living in Valley Falls, Rhode Island. Find out the best and worst about to live, raise a family or retire in Valley Falls.

DEMOGRAPHICS

Population
11548
Unemployment
2.2%
53% NAT AVG.
Poverty
7.6%
46% NAT AVG.
Cost Of Living
115
15% NAT AVG.

ECONOMICS

Median Home Cost
$265800
16% NAT AVG.
Median Income
$88927
32% NAT AVG.
Median Rent
$910
22% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 13
Unemployed People
1 in 45
People Earning < $10,000
1 in 19
People Earning < $50,000
32.5%
People With Any Degree
1 in 2.6

ETHNICITY

Ethnicity Valley Falls USA
White 80.4% 60.1%
African American 2.3% 12.2%
American Indian 0% 0.6%
Asian 1.2% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.3% 2.8%
Hispanic 15.7% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Valley Falls USA
Less than $10,000 5.2% 5.8%
$10,000 to $14,999 4.8% 4.1%
$15,000 to $24,999 3.6% 8.5%
$25,000 to $34,999 9.5% 8.6%
$35,000 to $49,999 9.4% 12.0%
$50,000 to $74,999 11.4% 17.2%
$75,000 to $99,999 14.2% 12.8%
$100,000 to $149,999 28.6% 15.6%
$150,000 to $199,999 7.8% 7.1%

EDUCATION

Education Valley Falls USA
< 9th Grade 9% 5.0%
9-12th Grade 7% 7.0%
High School or GED 28% 27.0%
Other College 17% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 24% 20.0%
Master's Degree 4% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
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. The unemployment rate of Valley Falls remained 2.2%, which is 53% lower than national rate.

Cost of living in Valley Falls is 115, which is 15% higher than national average. In Valley Falls, only 29% of adults have a bachelor's degree and 27% have some college but no degree. 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.
Valley Falls Scorecard

Jobs90%

Housing80%

Affordability85%

Safety90%

Amenities90%

Diversity80%

Education70%

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