Valley Falls, NY
Population 430 · New York
About Valley Falls, NY
Valley Falls is a small community located in New York with a population of 430 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,250 per year, which is 15% above the national median of $75,149. The median age of 46.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Valley Falls features a median home value of $188,500, which is 23% below the national median of $244,900. This positions Valley Falls in a moderately priced market relative to the rest of the country. Median monthly rent is $1,139, 2% below the national average of $1,163/month. Of the 195 total housing units, 66% are owner-occupied (122 units) and 34% are renter-occupied (64 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Valley Falls shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 1.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Valley Falls have an average one-way commute time of 33.8 minutes.
Education & Demographics
38.1% of Valley Falls residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.2% White, 0.2% Hispanic or Latino, 2.1% Black or African American, and 0.2% Asian residents, with 1.2% of the population being foreign-born.
Cost of Living in Valley Falls, NY
Compared to national averages, Valley Falls has a median household income of $86,250 (15% above the national median of $75,149). Home values average $188,500, which is 23% below the national median. Monthly rent at $1,139 is 2% below the US average of $1,163. Within New York, Valley Falls's income is 11% below the state average of $96,987, and home values are 51% below the state median of $387,181.
Why Live in Valley Falls, NY?
Valley Falls offers a strong local economy with a median household income of $86,250, well above the national average, and affordable housing with a median home value of $188,500, below the US average of $244,900, and rent that’s lower than the national average at $1,139/month. Additionally, the city features a well-educated community where 38.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.2%, better than the national average.
Valley Falls has a population of 430 with a median age of 46.5 years. Compare Valley Falls with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Valley Falls
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Depauville | 430 | $60,250 | $161,100 | Compare |
| Bliss | 429 | $48,542 | $111,700 | Compare |
| Perrysburg | 428 | $56,522 | $106,800 | Compare |
| Wyoming | 427 | $73,438 | $128,300 | Compare |
| York | 427 | $83,214 | $168,200 | Compare |
| Preston-Potter Hollow | 426 | $118,467 | $219,400 | Compare |
| Ovid | 436 | $62,596 | $107,800 | Compare |
| Savannah | 436 | $47,857 | $79,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Valley Falls
What is the population of Valley Falls, NY?
The population of Valley Falls, NY is 430 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in Valley Falls?
The median household income in Valley Falls, NY is $86,250 per year, which is 15% above the national median of $75,149.
What is the median home value in Valley Falls?
The median home value in Valley Falls, NY is $188,500, which is 23% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Valley Falls?
The median monthly rent in Valley Falls, NY is $1,139, which is 2% below the national average of $1,163/month.
What is the unemployment rate in Valley Falls?
The unemployment rate in Valley Falls, NY is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Valley Falls, NY a good place to live?
Valley Falls offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 430 and a median age of 46.5, the city appeals to established professionals and retirees.
How educated is Valley Falls, NY?
38.1% of residents in Valley Falls aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Valley Falls?
Key cost-of-living indicators for Valley Falls, NY: median home value is $188,500 (23% below national), median rent is $1,139/month, and median household income is $86,250. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Valley Falls?
The poverty rate in Valley Falls, NY is 1.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Valley Falls, NY?
Valley Falls's population is 0.2% White, 0.2% Hispanic or Latino, 2.1% Black or African American, 0.2% Asian, and 0.0% two or more races. 1.2% of residents are foreign-born.