The Falls area of town was a center of early industrialization along the Connecticut River. Later on it became the location of several industrial mills. With the mills came prosperity for the Falls, and housing for the mill workers, managers, and owners. While the mills are gone, some of the historic housing still remains. Falls residents should rightly be proud of this visual history, not just because of its historic value, but also because it creates pride in the community and stabilizes the value of all properties in the Falls.