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Central Falls, RI Housing

 
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As of 2010-2014, median price of a house in Central Falls is $160,500, which is lower than the state average of $241,200 and is lower than the national average of $175,700. The Central Falls median house value has grown by 80.74% since 2000. The growth rate for the price of a house in Central Falls is about the same as the state average rate of 81.35% and is higher than the national average rate of 46.91%. The median year that a house in Central Falls was built is 1939, which is older than the median year for a house built in the state which is 1958 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,762 Owner Occupied Houses in Central Falls, RI, #33
Central Falls, RI
160,500 USD
Rhode Island
241,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #13
Central Falls, RI
80.74%
Rhode Island
81.35%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Central Falls, RIRhode IslandU.S.
Total Housing Units7,730, see rank, 100%462,930132,741,033
Occupied Housing Units6,415, 82.99%, see rank88.47%87.55%
Owner Occupied1,762, 22.79%, see rank53.32%56.34%
Renter Occupied4,653, 60.19%, see rank35.15%31.21%
Vacant Housing Units1,315, 17.01%, see rank11.53%12.45%
For Rent441, 5.71%, see rank2.57%2.34%
For Sale Only46, 0.60%, see rank1.04%1.20%
Rented or Sold, Not Occupied61, 0.79%, see rank0.70%0.92%
For Seasonal, Recreational, or Occasional Use16, 0.21%, see rank3.90%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant751, 9.72%, see rank3.30%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #29
Central Falls, RIRhode IslandU.S.
193919581976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Central Falls, RI%Rhode IslandU.S.
Owner-Occupied Units1,762100%246,82974,787,460
With a Mortgage1,24370.54%, see rank70.79%65.58%
Without a Mortgage51929.46%, see rank29.21%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Central Falls, RI
1,693 USD
Rhode Island
1,867 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsCentral Falls, RI%Rhode IslandU.S.
$299 or Less00.00%, see rank0.18%0.20%
$300 to $49980.64%, see rank0.71%1.59%
$500 to $69960.48%, see rank1.55%5.01%
$700 to $999796.36%, see rank5.49%14.32%
$1,000 to $1,49930624.62%, see rank21.15%27.90%
$1,500 to $1,99945336.44%, see rank28.37%20.35%
$2,000 to $2,99937029.77%, see rank31.18%19.52%
$3,000 or More211.69%, see rank11.37%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Central Falls, RI
37.00% of the Total Income
Rhode Island
25.80% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Central Falls, RI%Rhode IslandU.S.
10% or Less00.00%, see rank4.83%5.86%
10% to 20%19115.37%, see rank26.66%31.95%
20% to 30%31325.18%, see rank29.46%27.64%
30% to 40%20216.25%, see rank15.46%13.74%
40% or More53743.20%, see rank23.26%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Central Falls, RI
544 USD
Rhode Island
679 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsCentral Falls, RI%Rhode IslandU.S.
$199 or Less91.73%, see rank1.30%7.76%
$200 to $299214.05%, see rank2.55%14.70%
$300 to $49918235.07%, see rank16.45%34.63%
$500 to $69918335.26%, see rank33.33%21.16%
$700 or More12423.89%, see rank46.38%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Central Falls, RI
21.50% of the Total Income
Rhode Island
15.60% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Central Falls, RI%Rhode IslandU.S.
10% or Less7414.26%, see rank27.38%40.19%
10% to 20%16331.41%, see rank34.08%31.47%
20% to 30%12323.70%, see rank15.57%12.24%
30% to 40%6612.72%, see rank7.92%5.64%
40% or More8516.38%, see rank13.73%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Central Falls, RIRhode IslandU.S.
Total Housing Units7,730, 100%462,930132,741,033
1-unit, Detached890, 11.51%, see rank54.96%61.65%
1-unit, Attached111, 1.44%, see rank3.29%5.82%
2 Units1,275, 16.49%, see rank11.46%3.75%
3 or 4 Units3,786, 48.98%, see rank12.76%4.43%
5 to 9 Units1,026, 13.27%, see rank5.05%4.78%
10 or More Units642, 8.31%, see rank11.46%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank1.03%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Central Falls, RIRhode IslandU.S.
Total Housing Units7,730, 100%462,930132,741,033
1 Room195, 2.52%, see rank2.17%1.95%
2 Rooms455, 5.89%, see rank2.93%2.48%
3 Rooms1,014, 13.12%, see rank9.92%9.13%
4 Rooms1,856, 24.01%, see rank17.47%16.60%
5 Rooms2,252, 29.13%, see rank21.11%20.41%
6 Rooms1,349, 17.45%, see rank19.07%18.06%
7 Rooms312, 4.04%, see rank11.34%12.27%
8 Rooms147, 1.90%, see rank7.63%8.48%
9 Rooms or More150, 1.94%, see rank8.35%10.60%
Median Rooms4.70, see rank5.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Central Falls, RIRhode IslandU.S.
Total Housing Units7,730, 100%462,930132,741,033
No Bedroom195, 2.52%, see rank2.30%2.17%
1 Bedroom1,432, 18.53%, see rank14.17%11.16%
2 Bedrooms2,424, 31.36%, see rank29.92%26.69%
3 Bedrooms3,246, 41.99%, see rank38.24%39.70%
4 Bedrooms334, 4.32%, see rank12.04%16.05%
5 or More Bedrooms99, 1.28%, see rank3.32%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Central Falls, RIRhode IslandU.S.
Total Housing Units6,415, 100%409,569116,211,092
Utility Gas5,224, 81.43%, see rank51.13%48.85%
Bottled, Tank, or LP Gas48, 0.75%, see rank2.34%4.86%
Electricity620, 9.66%, see rank9.15%36.68%
Fuel Oil, Kerosene, etc.422, 6.58%, see rank34.82%5.86%
Coal or Coke10, 0.16%, see rank0.11%0.12%
Wood38, 0.59%, see rank1.75%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel28, 0.44%, see rank0.42%0.47%
No Fuel Used25, 0.39%, see rank0.26%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalCentral Falls, RIRhode IslandU.S.
Occupied Units Paying Rent4,631, 100%157,08839,201,928
$199 or Less69, 1.49%, see rank2.27%1.50%
$200 to $299372, 8.03%, see rank6.81%3.18%
$300 to $499274, 5.92%, see rank7.52%7.37%
$500 to $699842, 18.18%, see rank10.16%16.01%
$700 to $9992,218, 47.89%, see rank32.26%29.17%
$1,000 to $1,499833, 17.99%, see rank30.46%26.88%
$1,500 to $1,9995, 0.11%, see rank7.43%9.79%
$2,000 or More18, 0.39%, see rank3.09%6.10%
Median$813, see rank$923$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Central Falls, RIRhode IslandU.S.
Occupied Housing Units6,415, 100%409,569116,211,092
No Vehicles Available1,477, 23.02%, see rank9.82%9.12%
1 Vehicles Available2,841, 44.29%, see rank36.78%33.80%
2 Vehicles Available1,501, 23.40%, see rank36.62%37.48%
3 or More Vehicles Available596, 9.29%, see rank16.79%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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