Valley Falls, Rhode Island
Encyclopedia
Valley Falls is a village and census-designated place
(CDP) in the town of Cumberland
, Providence County
, Rhode Island, United States. Valley Falls
is located in the southern part of Cumberland, Rhode Island
and borders the city of Central Falls, Rhode Island
,the city of Attleboro, Massachusetts
, and the town of Lincoln, RI. The population was 11,599 at the 2000 census
.
Warren Buffett
's company Berkshire Hathaway
was originally 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.
According to the United States Census Bureau
, the CDP has a total area of 9.5 km2 (3.7 mi2). 9.2 km2 (3.5 mi2) of it is land and 0.3 km2 (0.1 mi2) of it (3.01%) is water.
was 1,261.5/km2 (3,269.5/mi2). There were 4,668 housing units at an average density of 507.7/km2 (1,315.8/mi2). The racial makeup of the CDP was 95.88% White, 0.83% African American, 0.11% Native American, 0.52% Asian, 1.42% from other races
, and 1.24% from two or more races. Hispanic or Latino of any race were 3.94% of the population. Valley Falls has an extremely large Portuguese population.
There were 4,494 households out of which 32.2% had children under the age of 18 living with them, 57.3% were married couples living together, 11.4% had a female householder with no husband present, and 27.5% were non-families. 23.5% of all households were made up of individuals and 11.5% had someone living alone who was 65 years of age or older. The average household size was 2.57 and the average family size was 3.05.
In the CDP the population was spread out with 23.3% under the age of 18, 7.1% from 18 to 24, 30.4% from 25 to 44, 22.8% from 45 to 64, and 16.6% who were 65 years of age or older. The median age was 39 years. For every 100 females there were 90.3 males. For every 100 females age 18 and over, there were 88.0 males.
The median income for a household in the CDP was $46,163, and the median income for a family was $52,414. Males had a median income of $35,334 versus $25,422 for females. The per capita income
for the CDP was $20,373. About 3.8% of families and 5.0% of the population were below the poverty line, including 4.7% of those under age 18 and 10.6% of those age 65 or over.
Census-designated place
A census-designated place is a concentration of population identified by the United States Census Bureau for statistical purposes. CDPs are delineated for each decennial census as the statistical counterparts of incorporated places such as cities, towns and villages...
(CDP) in the town of Cumberland
Cumberland, Rhode Island
Cumberland is a town in Providence County, Rhode Island, United States, incorporated in 1746. The population was 33,506 at the 2010 census.-History:...
, Providence County
Providence County, Rhode Island
-Demographics:As of the census of 2000, there were 621,602 people, 239,936 households, and 152,839 families residing in the county. The population density was 1,504 people per square mile . There were 253,214 housing units at an average density of 613 per square mile...
, Rhode Island, United States. Valley Falls
Valley Falls
Valley Falls may refer to a place in the United States:* Valley Falls, Kansas* Valley Falls, New York* Valley Falls, Rhode Island* Valley Falls, South Carolina...
is located in the southern part of Cumberland, Rhode Island
Cumberland, Rhode Island
Cumberland is a town in Providence County, Rhode Island, United States, incorporated in 1746. The population was 33,506 at the 2010 census.-History:...
and borders the city of Central Falls, Rhode Island
Central Falls, Rhode Island
Central Falls is a city in Providence County, Rhode Island, United States. The population was 19,376 at the 2010 census. With an area of only , it is the smallest and most densely populated city in the smallest state, and the thirty-second most densely populated incorporated place in the United...
,the city of Attleboro, Massachusetts
Attleboro, Massachusetts
Attleboro is a city in Bristol County, Massachusetts, United States and is immediately north of Pawtucket, Rhode Island. Once known as "The Jewelry Capital of the World" for its many jewelry manufacturers, Attleboro had a population of 42,068 at the 2000 census, and a population of 43,645 as of...
, and the town of Lincoln, RI. The population was 11,599 at the 2000 census
United States Census, 2000
The Twenty-second United States Census, known as Census 2000 and conducted by the Census Bureau, determined the resident population of the United States on April 1, 2000, to be 281,421,906, an increase of 13.2% over the 248,709,873 persons enumerated during the 1990 Census...
.
Warren Buffett
Warren Buffett
Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is widely regarded as one of the most successful investors in the world. Often introduced as "legendary investor, Warren Buffett", he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is...
's company Berkshire Hathaway
Berkshire Hathaway
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States, that oversees and manages a number of subsidiary companies. The company averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years,...
was originally founded in 1839 by Oliver Chace
Oliver Chace
Oliver Chace was the founder of several New England textile manufacturing companies in the early 19th century, including the Valley Falls Company, the original antecedent of Berkshire Hathaway, currently one of the largest companies in the world.-Early life:Chace was born on August 24, 1769 in...
in Valley Falls as a cotton manufacturing company, called the Valley Falls Company
Valley Falls Company
The Valley Falls Company was founded in 1839 by Oliver Chace, in Valley Falls, Rhode Island, an historic mill village on both sides of the Blackstone River, within the modern-day towns of Cumberland and Central Falls, Rhode Island...
. Valley Falls is also the home of the Ann & Hope Mill.
Geography
Valley Falls is located at 41.917366°N 71.392353°W.According to the United States Census Bureau
United States Census Bureau
The United States Census Bureau is the government agency that is responsible for the United States Census. It also gathers other national demographic and economic data...
, the CDP has a total area of 9.5 km2 (3.7 mi2). 9.2 km2 (3.5 mi2) of it is land and 0.3 km2 (0.1 mi2) of it (3.01%) is water.
Demographics
As of the census of 2000, there were 11,599 people, 4,494 households, and 3,258 families residing in the CDP. The population densityPopulation density
Population density is a measurement of population per unit area or unit volume. It is frequently applied to living organisms, and particularly to humans...
was 1,261.5/km2 (3,269.5/mi2). There were 4,668 housing units at an average density of 507.7/km2 (1,315.8/mi2). The racial makeup of the CDP was 95.88% White, 0.83% African American, 0.11% Native American, 0.52% Asian, 1.42% from other races
Race (United States Census)
Race and ethnicity in the United States Census, as defined by the Federal Office of Management and Budget and the United States Census Bureau, are self-identification data items in which residents choose the race or races with which they most closely identify, and indicate whether or not they are...
, and 1.24% from two or more races. Hispanic or Latino of any race were 3.94% of the population. Valley Falls has an extremely large Portuguese population.
There were 4,494 households out of which 32.2% had children under the age of 18 living with them, 57.3% were married couples living together, 11.4% had a female householder with no husband present, and 27.5% were non-families. 23.5% of all households were made up of individuals and 11.5% had someone living alone who was 65 years of age or older. The average household size was 2.57 and the average family size was 3.05.
In the CDP the population was spread out with 23.3% under the age of 18, 7.1% from 18 to 24, 30.4% from 25 to 44, 22.8% from 45 to 64, and 16.6% who were 65 years of age or older. The median age was 39 years. For every 100 females there were 90.3 males. For every 100 females age 18 and over, there were 88.0 males.
The median income for a household in the CDP was $46,163, and the median income for a family was $52,414. Males had a median income of $35,334 versus $25,422 for females. The per capita income
Per capita income
Per capita income or income per person is a measure of mean income within an economic aggregate, such as a country or city. It is calculated by taking a measure of all sources of income in the aggregate and dividing it by the total population...
for the CDP was $20,373. About 3.8% of families and 5.0% of the population were below the poverty line, including 4.7% of those under age 18 and 10.6% of those age 65 or over.