02740 ZIP Code – New Bedford, Massachusetts
02740 is a ZIP code serving New Bedford, Massachusetts in Bristol County with a population of approximately 46,623 residents. The median household income of $51,599 is well below the Massachusetts average and below the national average. At $280,000, median home values run near the national average, with 39.6% owner-occupied housing (increasing). , with median rent coming in at $1,002 — near the national figure. Housing consists of 32% single-family (decreasing), 20% apartments (decreasing), 48% duplex/multi-family.
The area reports an unemployment rate of 7.2%, above the national average. The poverty rate is 19.6%, above the national average. An estimated 18.1% of adults hold a bachelor's degree or higher, below the national average. At 37.0, the median age is near the national figure. The surrounding area includes ZIP codes 02746, 02744, 02719.
ZIP Code 02740 Data
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ZIP 02740 vs. Massachusetts vs. U.S.
| Metric | ZIP 02740 | MA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 46k | 13k | 10k |
| Median Household Income | $51k | $107k | $73k |
| Median Home Value | $280k | $528k | $258k |
| Median Rent | $1,002 | $1,563 | $1,088 |
| Median Age | 37.0 | 44.3 | 43.2 |
| Unemployment Rate | 7.2% | 5.0% | 5.0% |
| Poverty Rate | 19.6% | 8.7% | 13.3% |
| Bachelor's Degree or Higher | 18.1% | 47.7% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 02746 – New Bedford
- 02744 – New Bedford
- 02719 – Fairhaven
- 02747 – North Dartmouth
- 02745 – New Bedford
- 02743 – Acushnet
- 02748 – South Dartmouth
- 02739 – Mattapoisett
- 02790 – Westport
- 02717 – East Freetown
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 02746 | NEW BEDFORD | 16,286 | $39,545 |
| 02744 | NEW BEDFORD | 12,465 | $52,290 |
| 02719 | FAIRHAVEN | 15,899 | $86,676 |
| 02747 | NORTH DARTMOUTH | 21,383 | $94,831 |
| 02745 | NEW BEDFORD | 25,084 | $70,338 |