Central Falls, Rhode Island

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
22,359
Population
$43,092
Median Income
$244,100
Home Value
31.5
Median Age

Demographics

Central Falls has a population of 22,359 with a median age of 31.5. Here is the racial and ethnic breakdown of the population:

Hispanic
69.1%
White
32.1%
Black
8.0%
Demographic Value
Total Population22,359
Median Age31.5
White32.1%
Black or African American8.0%
Asian0.2%
Hispanic or Latino69.1%

Income & Economy

The median household income in Central Falls is $43,092, which is 42.7% below the national median of $75,149. The per capita income is $19,552. The poverty rate is 24.4%.

$43,092
Median Household Income
$19,552
Per Capita Income
24.4%
Poverty Rate

Employment

The unemployment rate in Central Falls is 8.3%, compared to the national rate of 5.4%.

Education

In Central Falls, 63.2% of residents age 25+ have a high school diploma or higher, and 9.1% hold a bachelor's degree or higher (1.4% with a graduate or professional degree).

HS Diploma+
63.2%
Bachelor's+
9.1%
Graduate+
1.4%
Education Level % of Adults (25+)
High School Diploma or Higher63.2%
Bachelor's Degree or Higher9.1%
Graduate or Professional Degree1.4%

Housing

The median home value in Central Falls is $244,100, below the national median of $281,900. The median monthly rent is $1,052. The homeownership rate is 26.0%.

$244,100
Median Home Value
$1,052/mo
Median Rent
26.0%
Homeownership Rate
Housing Metric Value
Median Home Value$244,100
Median Monthly Rent$1,052
Homeownership Rate26.0%
Vacancy Rate11.1%

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Frequently Asked Questions

What is the population of Central Falls, Rhode Island?
The population of Central Falls, Rhode Island is 22,359 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Central Falls, Rhode Island?
The median household income in Central Falls, Rhode Island is $43,092. This is 42.7% below the national median of $75,149.
What is the median home value in Central Falls, Rhode Island?
The median home value in Central Falls, Rhode Island is $244,100. The median monthly rent is $1,052.
What percentage of people in Central Falls have a college degree?
In Central Falls, Rhode Island, 9.1% of adults age 25 and older hold a bachelor's degree or higher, and 63.2% have a high school diploma or higher.
Is Central Falls, Rhode Island an affordable place to live?
The home price-to-income ratio in Central Falls, Rhode Island is 5.7x (median home value $244,100 vs. median income $43,092), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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