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
24,960
28.4% vs. 2020
Forecasted population 2030
27,029
39.1% vs. 2020

Zip code 02863 Central Falls, RI population is forecasted to grow 28.4% by 2025 (23.7 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 24,960 people for 2025 zip code 02863 Central Falls, RI will generate a good demand for housing, which is expected to have a deficit of 2,707 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
9,639
Total homes balance inventory
2,707

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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Drinking water violations

How is the quality of drinking water in Zip code 02863 Central Falls, RI?

County total number of drinking water violations

1133

+401%

226

County total number of drinking water contaminations

89

+287%

23

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