Central Falls, RI
Maps & Population Facts
Population
19,395
Population Density
16,230
Labor Participaton
65.0%
Bachelor's or Higher
8.0%
Median Household Income
$30,794
Median Individual Income
$19,838
Median Individual Income(Full-time Workers Only)
$27,284
Housing Estimates
Median House Value
$149,100
Median Gross Rent
$833
Median Mortgage Payment
$1,601
Housing Units
7,310
People who reside in Central Falls live in:
Detached - Single Family Homes
9%
Apt, Condo, Other
91%
Analysis
Income
Households in Central Falls earn signifcantly less money than the national median income, averaging 49% less per household.
Housing
Central Falls has a median house price of $149,100. The cost of owning a home in Central Falls is less than most areas. The cost of renting in Central Falls is 18% less than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 39% |
| New Construction (Built after 2000) | 5% |
Demographics
The median age in Central Falls is 29. Central Falls has a population that is significantly younger than in comparison to the US median age.
Central Falls ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.
Housing Data
Housing Comparison
| Central Falls | Rhode Island | USA | |
| Median Property Value | 149,100 | 257,800 | 217,600 |
| Median Mortgage Payment | 1,601 | 1,782 | 1,513 |
| Median Gross Rent | 833 | 941 | 1,012 |
| Property Vacancy | 13.7% | 12.7% | 12.6% |
| % Renters | 77% | 39% | 36% |
| Residents per Sq. Mi. | 16,230 | 1,023 | 93 |
Personal Comparison
| Central Falls | Rhode Island | USA | |
| Median Household Income | 30,794 | 63,870 | 60,336 |
| Median Individual Income | 19,838 | 36,278 | 33,646 |
| Median Income (Full-Time) | 27,284 | 51,286 | 46,881 |
| Median Age | 29.1 | 39.5 | 38.1 |
| Labor Participation | 65.0% | 64.1% | 62.8% |
| Attained College Degree | 8.0% | 33.4% | 32.0% |
Population Density Analysis
Central Falls, RI
16,230
Residents per Sq. Mile
The population density of Central Falls is comparable to that of a Major City.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +