Living in Central Falls, Rhode Island
Cost of living, income, home prices, rent and demographics of Central Falls · Census data 2020–2024
Central Falls has 22,701 residents with a median age of 32.5. The median household income is $49,285 (44% lower than the Rhode Island median), the median home value is $352,100, the median rent is $1,200/month.
Central Falls at a glance
- Population
- 22,701
- Median age
- 32.5State: 40.6
- Median household income
- $49,285State: $87,796
- Median home value
- $352,100State: $404,200
- Median rent
- $1,200/moState: $1,342
- Homeowners
- 25.6%
- Bachelor's degree or higher
- 10.8%
- Average commute
- 27 min
Is Central Falls a good place to live?
Pros: Home values 13% lower than the state median.
Cons: Median household income 44% lower than the Rhode Island median; an average commute of 27 minutes; unemployment of 7.9%; a poverty rate of 24.6%.
The weather is best in June to September.
Cost of living in Central Falls
Housing is the biggest part of the cost of living. In Central Falls the median home value is $352,100, 6% higher than the U.S. median. Renters pay a median of $1,200 per month, which is 32.6% of household income. Homeowners with a mortgage pay $1,917 a month in housing costs.
Central Falls median household income
The median household income in Central Falls is $49,285 and the income per person is $21,117. 24.6% of residents live below the poverty line (Rhode Island: 11.2%).
Housing in Central Falls: homes for sale and rent
- Housing units
- 8,426
- Owner-occupied
- 25.6%
- Renter-occupied
- 74.4%
- Vacant
- 8.8%Includes seasonal homes
- Median year built
- 1944
- Average household size
- 2.83
Central Falls demographics
- Population
- 22,701
- Median age
- 32.5
- Under 18
- 26.1%
- 65 and older
- 10.7%
- Households
- 7,683
- Foreign-born
- 44.2%
- Veterans
- 2%Adults 18+
Hispanic or Latino can be of any race. Population history of Central Falls ›
Education in Central Falls
10.8% of adults 25 and older in Central Falls have a bachelor's degree or higher (Rhode Island: 37.7%), and 1.3% have a graduate or professional degree.
Jobs and commute in Central Falls
- Unemployment rate
- 7.9%State: 5.8%
- Average commute
- 27 minState: 26 min
- Work from home
- 5.2%
- Drive alone
- 59.3%
- Public transit
- 4.9%
- Walk to work
- 3.6%
- Homes with broadband
- 86.5%
Central Falls vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Central Falls | 22,701 | $49,285 | $352,100 | $1,200 |
| Pawtucket | 75,893 | $68,310 | $325,500 | $1,208 |
| Valley Falls | 12,657 | $92,901 | $375,200 | $1,362 |
| North Seekonk | 2,974 | $114,712 | $436,700 | $1,421 |
| Lincoln | 22,864 | $104,821 | $450,600 | $1,468 |
| North Providence | 34,293 | $83,756 | $355,900 | $1,405 |
| Providence | 191,767 | $68,119 | $362,200 | $1,408 |
| Seekonk | 15,694 | $120,613 | $482,800 | $1,916 |
| Cumberland | 36,820 | $117,522 | $431,000 | $1,379 |
More for people moving to Central Falls
Central Falls ZIP code ›Weather and climate ›Living in Central Falls: FAQ
What is the median household income in Central Falls, RI?
The median household income in Central Falls is $49,285, 44% lower than the Rhode Island median of $87,796 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Central Falls?
The median home value in Central Falls is $352,100, compared with $404,200 in Rhode Island.
How much is rent in Central Falls?
The median gross rent in Central Falls is $1,200 per month, about 32.6% of household income.
Is Central Falls, RI a good place to live?
Pluses: home values 13% lower than the state median. Minuses: median household income 44% lower than the Rhode Island median; an average commute of 27 minutes; unemployment of 7.9%; a poverty rate of 24.6%.
What is the median age in Central Falls?
The median age in Central Falls is 32.5 years (Rhode Island: 40.6).
How long is the commute in Central Falls?
The average commute to work in Central Falls is 27 minutes; 5.2% of workers work from home.
What is the unemployment rate in Central Falls?
The unemployment rate in Central Falls is 7.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Central Falls?
10.8% of adults in Central Falls have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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