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
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ZIP 02724 vs. Massachusetts vs. U.S.
| Metric | ZIP 02724 | MA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 18k | 13k | 10k |
| Median Household Income | $46k | $107k | $73k |
| Median Home Value | $331k | $528k | $258k |
| Median Rent | $1,062 | $1,563 | $1,088 |
| Median Age | 38.7 | 44.3 | 43.2 |
| Unemployment Rate | 6.7% | 5.0% | 5.0% |
| Poverty Rate | 24.0% | 8.7% | 13.3% |
| Bachelor's Degree or Higher | 15.0% | 47.7% | 26.9% |
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Nearby ZIP Codes
- 02721 – Fall River
- 02725 – Somerset
- 02723 – Fall River
- 02720 – Fall River
- 02809 – Bristol
- 02885 – Warren
- 02878 – Tiverton
- 02777 – Swansea
- 02726 – Somerset
- 02790 – Westport
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 |