
Rhode Island · Census place 72500
Valley Falls, RI population, income and ZIP codes
Quick answer
The population of the city of Valley Falls, Rhode Island (Valley Falls, RI — Census place “Valley Falls CDP”) is 12,370 residents, ranking #10 of 36 places in Rhode Island. Median household income is $93,653, the median home is worth $347,900 and median gross rent runs $1,160 a month. Looking for the Valley Falls Rhode Island ZIP code list? 1 ZIP codes serve Valley Falls, RI: 02864.
- Population
- 12,370Valley Falls CDP residents
- Median household income
- $93,653Past 12 months, inflation adjusted
- Median home value
- $347,900Owner-occupied units
- Median gross rent
- $1,160Rent plus utilities, monthly
- Median age
- 42.8 yrsAll residents
- Homeownership rate
- 68.4%Owner-occupied households
Valley Falls ZIP codes (Rhode Island)
Census ZCTAs whose delivery area overlaps Valley Falls.
The Valley Falls RI ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
What the numbers mean in Valley Falls CDP
Housing cost measured against local earnings.
A household earning the Valley Falls CDP median would spend about 14.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.9% of residents and 68.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Valley Falls CDP, RI in context
How this area compares with national benchmarks.
Valley Falls CDP is a mid-size town in Rhode Island, with 12,370 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #10 of 36 ranked by population — larger than 74% of them. The median age here is 42.8 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.
Households in Valley Falls CDP earn a median of $93,653 a year, 19.2% above the national figure of $78,538 and within a couple of points of the $93,653 median for the 28 Rhode Island cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 4.9% of residents here, less than half the 12.4% national rate.
The typical owner-occupied home in Valley Falls CDP is valued at $347,900, 14.7% above the national figure and 3% below the $358,200 peer median, while median gross rent runs $1,160 a month, 17.5% below the national figure, or roughly $13,920 across a full year. A household on the local median income would put about 14.9% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.7×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 68.4% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.
Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Rhode Island.
- Newport East CDP 11,262
- Westerly CDP 18,528
- Wakefield-Peace Dale CDP 9,812
- Central Falls city 22,481
- Cumberland Hill CDP 8,638
- Newport city 25,029
- Greenville CDP 8,586
- Woonsocket city 43,074
Keep going
More Rhode Island coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Valley Falls CDP?
- Valley Falls CDP has 12,370 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #10 of 36 in Rhode Island.
- What is the median household income in Valley Falls CDP?
- Median household income in Valley Falls CDP is $93,653 a year, 19.2% above the national figure of $78,538.
- How much does it cost to rent or buy in Valley Falls CDP?
- Median gross rent is $1,160 a month and the median home value is $347,900, so rent absorbs about 14.9% of median household income.
- Is Valley Falls CDP affordable compared with the rest of the US?
- Homes cost about 3.7× the local median income here versus roughly 3.9× nationally, so Valley Falls CDP is more affordable to buy in than the typical US market, and rent takes 14.9% of median income against the 30% cost-burden line.
- How current is this Valley Falls CDP data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.