Valley Falls, Rhode Island
Moving to or Living in Valley Falls Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Valley Falls, Rhode Island
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Explore the life in Valley Falls based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Valley Falls, Rhode Island
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
$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%
Cost of Living
Expense | Valley Falls | Rhode Island | National Avg. |
---|---|---|---|
Services | 118 | 118 | 100 |
Groceries | 110 | 108 | 100 |
Health | 108 | 108 | 100 |
Housing | 111 | 118 | 100 |
Transportation | 104 | 104 | 100 |
Utilities | 124 | 127 | 100 |
Cost of Living
Gender
Gender | Valley Falls | Rhode Island | Country |
---|---|---|---|
Female | 51% | 51.4% | 50.8% |
Male | 49% | 48.6% | 49.2% |
Gender
Household Income
Income | Valley Falls | Rhode Island | Country |
---|---|---|---|
Less than $10,000 | 5.2% | 5.6% | 5.8% |
$10,000 to $14,999 | 4.8% | 4.9% | 4.1% |
$15,000 to $24,999 | 3.6% | 8.1% | 8.5% |
$25,000 to $34,999 | 9.5% | 7.8% | 8.6% |
$35,000 to $49,999 | 9.4% | 10.8% | 12.0% |
$50,000 to $74,999 | 11.4% | 15.8% | 17.2% |
$75,000 to $99,999 | 14.2% | 13.3% | 12.8% |
$100,000 to $149,999 | 28.6% | 18.3% | 15.6% |
$150,000 to $199,999 | 7.8% | 7.8% | 7.1% |
$200,000 or more | 5.5% | 7.6% | 8.3% |
Education
Education | Valley Falls | Rhode Island | Country |
---|---|---|---|
< 9th Grade | 9% | 5% | 5.0% |
9-12th Grade | 7% | 6% | 7.0% |
High School or GED | 28% | 28% | 27.0% |
Other College | 17% | 18% | 20.0% |
Associate's Degree | 10% | 8% | 9% |
Bachelor's Degree | 24% | 21% | 20.0% |
Master's Degree | 4% | 10% | 9.0% |
Professional Degree | 1% | 2% | 2.0% |
Doctorate Degree | 0% | 2% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Valley Falls | Rhode Island | Country |
---|---|---|---|
White | 80.4% | 71.4% | 60.1% |
African American | 2.3% | 5.5% | 12.2% |
American Indian | 0% | 0.3% | 0.6% |
Asian | 1.2% | 3.4% | 5.6% |
Hawaiian | 0% | 0.1% | 0.2% |
Other | 0.1% | 0.6% | 0.3% |
Multiracial | 0.3% | 2.8% | 2.8% |
Hispanic | 15.7% | 15.9% | 18.2% |