02724 ZIP Code – Fall River, Massachusetts

02724 is a ZIP code serving Fall River, Massachusetts in Bristol County with a population of approximately 18,445 residents. The median household income is $46,120 — well below the Massachusetts average and below the national average. The median home value of $331,600 is above the national average, with 33.4% owner-occupied housing (increasing). , and the median rent of $1,062 is near the national average. Housing consists of 24% single-family (increasing), 28% apartments (increasing), 49% duplex/multi-family.

The area reports an unemployment rate of 6.7%, above the national average. The poverty rate of 24.0% is well above the U.S. average. 15.0% of adults hold a bachelor's degree or higher, well below the U.S. average. At 38.7, the median age is near the national figure. The surrounding area includes ZIP codes 02721, 02725, 02723.

ZIP Code 02724 Data

Population 18,445
Median Household Income $46,120
Median Home Value $331,600
Median Rent $1,062
Median Age 38.7
Unemployment Rate 6.7%
Poverty Rate 24.0%
Bachelor's Degree or Higher 15.0%

ZIP 02724 vs. Massachusetts vs. U.S.

MetricZIP 02724MA Avg.U.S. Avg.
Population18k13k10k
Median Household Income$46k$107k$73k
Median Home Value$331k$528k$258k
Median Rent$1,062$1,563$1,088
Median Age38.744.343.2
Unemployment Rate6.7%5.0%5.0%
Poverty Rate24.0%8.7%13.3%
Bachelor's Degree or Higher15.0%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
02725 SOMERSET 2,359 $129,235
02723 FALL RIVER 17,164 $43,579
02720 FALL RIVER 30,558 $60,076
02809 BRISTOL 22,420 $91,382