02863 ZIP Code – Central Falls, Rhode Island
ZIP code 02863 is a large ZIP code located in Central Falls, Rhode Island, within Providence County with a population of approximately 22,359 residents. The median household income of $43,092 is well below the Rhode Island average and well below the national average. At $244,100, median home values run near the national average, with 25.6% owner-occupied housing (increasing). , with median rent coming in at $1,052 — near the national figure. Housing consists of 18% single-family (increasing), 19% apartments (decreasing), 63% duplex/multi-family.
The area reports an unemployment rate of 10.0%, well above the national average. The poverty rate of 22.3% is well above the U.S. average. Bachelor's degree attainment is 11.5%, well below the national average. At 31.9, the median age is below the national figure. The surrounding area includes ZIP codes 02860, 02861, 02904.
ZIP Code 02863 Data
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ZIP 02863 vs. Rhode Island vs. U.S.
| Metric | ZIP 02863 | RI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 22k | 13k | 10k |
| Median Household Income | $43k | $92k | $73k |
| Median Home Value | $244k | $382k | $258k |
| Median Rent | $1,052 | $1,325 | $1,088 |
| Median Age | 31.9 | 43.0 | 43.2 |
| Unemployment Rate | 10.0% | 4.6% | 5.0% |
| Poverty Rate | 22.3% | 9.2% | 13.3% |
| Bachelor's Degree or Higher | 11.5% | 40.1% | 26.9% |
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Nearby ZIP Codes
- 02860 – Pawtucket
- 02861 – Pawtucket
- 02904 – Providence
- 02865 – Lincoln
- 02906 – Providence
- 02916 – Rumford
- 02918 – Providence
- 02908 – Providence
- 02912 – Providence
- 02911 – North Providence
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 02860 | PAWTUCKET | 47,677 | $54,462 |
| 02861 | PAWTUCKET | 27,527 | $78,977 |
| 02904 | PROVIDENCE | 31,214 | $61,853 |
| 02865 | LINCOLN | 18,306 | $110,639 |
| 02906 | PROVIDENCE | 26,437 | $98,563 |