02863 Zip Code

April 16, 2024

Zip Code:	02863
City/Town:	Central Falls
State:	Rhode Island

Population:	19,385
Per Capita Income:	$13,090
Mean Household Income:	$39,134

Total Housing Units:	6,531
Median Home Value:	$88,800
Median Year Homes Built:	1942

Land Area:	1.2 sq miles 3.1 sq kilometers
Water Area:	0.1 sq miles 0.2 sq kilometers

Population Information (02863 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

19,385

Male:

9,829

50.7%

49.2%

Female:

9,556

49.3%

50.8%

Median Age:

30.1 yrs

37.2 yrs

Under 5 years:

1,727

8.9%

6.5%

5 to 9 years:

1,540

8.0%

6.6%

10 to 19 years:

2,990

15.4%

13.8%

20 to 29 years:

3,409

17.6%

13.8%

30 to 39 years:

2,909

15.0%

13.0%

40 to 49 years:

2,617

13.5%

14.2%

50 to 59 years:

1,882

9.7%

13.6%

60 to 69 years:

1,090

5.6%

9.4%

70 to 79 years:

694

3.6%

5.4%

80 years and over:

527

2.7%

3.7%

Housing Information (02863 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$88,800

$119,600

Median year homes build:

1942

1971

Median real estate taxes:

$1,947 / yr.

$1,334 / yr.

Median rent:

$388 / mo.

$519 / mo.

Total households:

6,531

Family households:

4,360

66.8%

66.4%

Nonfamily households:

2,171

33.2%

33.6%

Households with individuals under 18 years:

2,898

44.4%

33.4%

Households with individuals 65 years and over:

1,302

19.9%

24.9%

Average household size:

2.9

Average family size:

3.5

Total housing units:

7,484

Occupied housing units:

6,531

87.3%

88.6%

Vacant housing units:

953

12.7%

11.4%

For rent:

545

7.3%

3.1%

Rented, not occupied:

0.2%

For sale only:

0.6%

1.4%

Sold, not occupied:

0.0%

0.3%

For seasonal, recreational, or occasional use:

0.1%

3.5%

All other vacants:

342

4.6%

2.8%

Homeowner vacancy rate:

3.0%

2.4%

Rental vacancy rate:

9.7%

9.2%

Owner-occupied housing units:

1,464

Population in owner-occupied housing units:

4,464

Average household size of owner-occupied units:

3.1

2.65

Renter-occupied housing units:

5,067

Population in renter-occupied housing units:

14,411

Average household size of renter-occupied units:

2.8

2.44

Educational Attainment (02863 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

11,294

Less than 9th grade:

2,738

24.2%

6.2%

9th to 12th grade, no diploma:

3,003

26.6%

8.7%

High school graduate (includes equivalency):

3,165

28.0%

29.0%

Some college, no degree:

1,345

11.9%

20.6%

Associate degree:

399

3.5%

7.5%

Bachelor's degree:

428

3.8%

17.6%

Graduate or professional degree:

216

1.9%

10.3%

Percent high school graduate or higher:

49.2%

85.0%

Percent bachelor's degree or higher:

5.7%

27.9%

Income Information (02863 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

5,850

30.2%

50.4%

Median income:

$18,074 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,969

15.3%

59.7%

Median income:

$24,758 / yr.

$38,349 / yr.

Females 15 years and over with income:

6,192

31.9%

49.6%

Median income:

$10,825 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,965

10.1%

40.3%

Median income:

$18,867 / yr.

$28,135 / yr.

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