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Central Falls city, RI
ZIP 02863 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Central Falls city, RI (02863)
Median Income
$45,921
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+830
Wealth inflow
Population
22,481
Unemployment
10.0%
6.3pp above US avg
IRS migration statistics show a net inflow of about 830 for ZIP 02863 (Central Falls city, RI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 02863 (2020–Present)
Since 2020, population grew 15.7%, median income rose 12.4% (inflation-adjusted), home values increased 44.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $45,921 |
| Unemployment | 10.0% |
| Establishments | 293 |
| Employees | 2,676 |