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

Population 17,164
Median Household Income $43,579
Median Home Value $289,400
Median Rent $987
Median Age 35.6
Unemployment Rate 7.5%
Poverty Rate 26.2%
Bachelor's Degree or Higher 12.6%

ZIP 02723 vs. Massachusetts vs. U.S.

MetricZIP 02723MA Avg.U.S. Avg.
Population17k13k10k
Median Household Income$43k$107k$73k
Median Home Value$289k$528k$258k
Median Rent$987$1,563$1,088
Median Age35.644.343.2
Unemployment Rate7.5%5.0%5.0%
Poverty Rate26.2%8.7%13.3%
Bachelor's Degree or Higher12.6%47.7%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

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