thumb|right|Mills in 1906
Valley Falls is a village and census-designated place (CDP) in the town of Cumberland, Rhode Island, United States. The population was 12,094 at the 2020 census.
Warren Buffett's company Berkshire Hathaway was founded in 1839 by Oliver Chace in Valley Falls as a cotton-manufacturing company, called the Valley Falls Company. Valley Falls is also the home of the Ann & Hope Mill.
Geography
Valley Falls is located at in the southern part of the town of Cumberland. It is bordered by the city of Central Falls to the south, the city of Attleboro, Massachusetts to the east, and the town of Lincoln to the west. The Blackstone River runs along the western and southern edges of the community.
According to the United States Census Bureau, the CDP has a total area of , of which is land and (3.01%) is water.
Demographics
2020 census
As of the 2020 census, Valley Falls had a population of 12,094, with 4,818 households and 3,053 families. The population density was , and there were 5,027 housing units at an average density of .
The median age was 42.1 years. 20.4% of residents were under the age of 18, 6.8% were from 18 to 24, 26.1% were from 25 to 44, 28.4% were from 45 to 64, and 18.2% were 65 years of age or older. For every 100 females there were 94.9 males, and for every 100 females age 18 and over there were 91.3 males age 18 and over.
There were 4,818 households, of which 29.7% had children under the age of 18 living in them. Of all households, 48.1% were married-couple households, 18.1% were households with a male householder and no spouse or partner present, and 25.6% were households with a female householder and no spouse or partner present. About 26.0% of all households were made up of individuals and 11.8% had someone living alone who was 65 years of age or older.
! Race !! Number !! Percent
|-
| White || 9,704 || 80.2%
|-
| Black or African American || 360 || 3.0%
|-
| American Indian and Alaska Native || 42 || 0.3%
|-
| Asian || 186 || 1.5%
|-
| Native Hawaiian and Other Pacific Islander || 4 || 0.0%
|-
| Some other race || 846 || 7.0%
|-
| Two or more races || 952 || 7.9%
|-
| Hispanic or Latino (of any race) || 1,538 || 12.7%
|}
Demographic estimates
The average household size was 2.5 and the average family size was 3.0. The percent of those with a bachelor's degree or higher was estimated to be 21.0% of the population.
Income and poverty
The 2016-2020 5-year American Community Survey estimates show that the median household income was $88,927 (with a margin of error of +/- $8,183) and the median family income was $101,415 (+/- $9,974). Males had a median income of $47,752 (+/- $5,915) versus $45,116 (+/- $8,018) for females. The median income for those above 16 years old was $46,121 (+/- $3,101). Approximately, 4.8% of families and 7.6% of the population were below the poverty line, including 11.1% of those under the age of 18 and 10.0% of those ages 65 or over.
2000 census
As of the census