02723 ZIP Code – Fall River, Massachusetts
ZIP code 02723 is a mid-sized ZIP code located in Fall River, Massachusetts, within Bristol County with a population of approximately 17,164 residents. Residents earn a median household income of $43,579, which is well below the Massachusetts average and well below the national figure. Homes in this ZIP code have a median value of $289,400, near the national average, with 31.8% owner-occupied housing (decreasing). . Median rent is $987, which is near the U.S. average. Housing consists of 19% single-family (increasing), 34% apartments (increasing), 46% duplex/multi-family.
The unemployment rate is 7.5%, above the national average. The poverty rate of 26.2% is well above the U.S. average. About 12.6% of residents have completed a four-year degree, well below the national rate. The population has a median age of 35.6, below the national median. Neighboring ZIP codes include 02721, 02724, 02720.
ZIP Code 02723 Data
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ZIP 02723 vs. Massachusetts vs. U.S.
| Metric | ZIP 02723 | MA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 17k | 13k | 10k |
| Median Household Income | $43k | $107k | $73k |
| Median Home Value | $289k | $528k | $258k |
| Median Rent | $987 | $1,563 | $1,088 |
| Median Age | 35.6 | 44.3 | 43.2 |
| Unemployment Rate | 7.5% | 5.0% | 5.0% |
| Poverty Rate | 26.2% | 8.7% | 13.3% |
| Bachelor's Degree or Higher | 12.6% | 47.7% | 26.9% |
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Nearby ZIP Codes
- 02721 – Fall River
- 02724 – Fall River
- 02720 – Fall River
- 02725 – Somerset
- 02726 – Somerset
- 02777 – Swansea
- 02878 – Tiverton
- 02747 – North Dartmouth
- 02885 – Warren
- 02790 – Westport
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 02721 | FALL RIVER | 26,807 | $51,958 |
| 02724 | FALL RIVER | 18,445 | $46,120 |
| 02720 | FALL RIVER | 30,558 | $60,076 |
| 02725 | SOMERSET | 2,359 | $129,235 |
| 02726 | SOMERSET | 15,907 | $103,508 |