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Valley Falls is a village and census-designated place in the town of Cumberland in Providence County, Rhode Island, with a population of 12,094 at the 2020 census, 4,818 households, and 3,053 families.

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.

The census-designated place covers 3.67 square miles in total, with 3.55 square miles of land and 0.12 square miles of water, and its ZIP code is 02864.

Valley Falls is in the southern part of the town of Cumberland, bordered by the city of Central Falls to the south, Attleboro, Massachusetts to the east, and the town of Lincoln to the west, with the Blackstone River running along its western and southern edges.

The median age in Valley Falls was 42.1 years at the 2020 census, and 100.0 percent of residents lived in urban areas.

Valley Falls had 5,027 housing units at the 2020 census, with a population density of 3,408.7 people per square mile.

Valley Falls grew from 11,599 residents at the 2000 census to 12,094 at the 2020 census.

The 2016-2020 five-year American Community Survey estimated the median household income in Valley Falls at $88,927 and the median family income at $101,415.

Non-Hispanic White residents accounted for 77.5 percent of the population of Valley Falls at the 2020 census, and Hispanic or Latino residents of any race accounted for 12.7 percent.