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
- 24,561
- 26.4% vs. 2020
- Forecasted population 2030
- 26,630
- 37% vs. 2020
Zip code 02863 Central Falls, RI population is forecasted to grow 26.4% by 2025 (21.7 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 24,561 people for 2025 zip code 02863 Central Falls, RI will generate a good demand for housing, which is expected to have a deficit of 2,565 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
- 9,497
- Total homes balance inventory
- 2,565
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
1213
+418%
234
County total number of drinking water contaminations
90
+291%
23
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