Zip Code
02863
City
Central Falls, RI
Population & Migration
What is the forecasted population for Zip code 02863 Central Falls, RI?
- Population census 2020
- 19,437
- Forecasted population 2025
- 23,775
- 22.3% vs. 2020
- Forecasted population 2030
- 25,847
- 33% vs. 2020
Zip code 02863 Central Falls, RI population is forecasted to grow 22.3% by 2025 (17.6 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 23,775 people for 2025 zip code 02863 Central Falls, RI will generate a good demand for housing, which is expected to have a deficit of 174 houses for 2030. Vacancy rate is 2.1 points above national US average.
- Total homes available 2020
- 6,932
- Estimated total home demand in 2030
- 7,106
- Total homes balance inventory
- 174
Average Household Income in zip code 02863 Central Falls, RI
from Internal Revenue Service
- Average household income in 2021
- $50,487
Affordability
- Affordability Index
- 6
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 02863 Central Falls, RI?
County total number of drinking water violations
1071
+436%
200
County total number of drinking water contaminations
89
+324%
21
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