Central Falls, Rhode Island Unemployment

Central Falls, Rhode Island has a population of 23,140, with a median household income of $51,500.

Current unemployment data for Central Falls.

5.10%

👥

Population

23,140

💰

Median Income

$51,500

📉

Unemployment

5.10%

🏠

Housing Price

$288,700

🚨

Crime Rate

7.20

🌐

Internet Speed

295.40 Mbps

Central Falls is a small local community located in Rhode Island. The city has a population that is above the average city population in Rhode Island, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Central Falls is a notable city in Rhode Island, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Central Falls has a population of 23,140, which is higher than the state average. This indicates a relatively larger urban presence within Rhode Island.

Income and Economy

The median household income in Central Falls is $51,500, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Central Falls is about $288,700, making it relatively affordable compared to many cities in Rhode Island.

Employment and Safety

The unemployment rate in Central Falls is 5.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Central Falls are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Rhode Island, Central Falls shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Central Falls continues to play a role in shaping regional trends in Rhode Island, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Central Falls

What is the population of Central Falls?

The population of Central Falls is approximately 23,140.

Is Central Falls a good place to live?

Central Falls offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Central Falls?

The median household income in Central Falls is around $51,500.

How expensive is housing in Central Falls?

The average housing price in Central Falls is approximately $288,700.