| ZIP Code | 02724 |
|---|---|
| City | Fall River |
| State | Massachusetts (MA) |
| County | Bristol County |
| Area Code | 508/774 |
| Elevation | 118 ft |
| Latitude | 41.683068 |
|---|---|
| Longitude | -71.177888 |
| Timezone | New York (DST) |
| FIPS | 25005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.7 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.24 |
| Below Poverty | 24.0% ▲ 140% above avg |
| College Grads | 26.8% ▼ 31% below avg |
| Unemployment | 6.7% ▲ 38% above avg |
| No HS Diploma | 473 (4.4%) |
| HS Graduate | 4,672 (43.6%) |
| Some College | 1,237 (11.6%) |
| Associates | 1,457 (13.6%) |
| Bachelors | 982 (9.2%) |
| Graduate Degree | 1,886 (17.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $49,809 ▼ 35% below avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $368,300 ▲ 32% above avg ↑ 52% since 2019 |
| Home/Income Ratio | 7.4x (nat avg ~3.5x) |
| Median Rent | $1,105/mo ↑ 43% since 2019 |
| Total Units | 8,808 |
| Vacant Units | 466 |
| Avg HH Size | 2.24 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,808 |
|---|---|
| Vacant | 466 |
| Owner Occupied | 34.0% |
| Renter Occupied | 66.0% |
| Avg HH Size | 2.24 |
ZIP code 02724 is located in Fall River, Massachusetts, within Bristol County. With a population of 18,758, this is a moderately populated ZIP code with a middle-aged community — the median age is 38.7 years. Economically, 02724 is a working-class ZIP code: the median household income of $49,809 is below the national average.
Real estate in ZIP code 02724 represents a mid-range housing market. The median home value of $368,300 is above the national average. Renters can expect to pay around $1,105 per month in median rent. This is predominantly a renter community, with 66.0% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 52% since 2019.
The population of 02724 is majority White (65.66%). Residents are moderately educated — 26.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 24.0%. Household income has grown by 25% since 2019.
The unemployment rate in 02724 stands at 6.7%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 68%.
Overall, ZIP code 02724 in Fall River, MA is characterized as working-class, moderately educated, and a middle-aged community. With 18,758 residents, a median household income of $49,809, and a median home value of $368,300, it offers a clear picture of life in this part of Massachusetts.