ZIP Code 02720

standard

Source:

Fall River · Bristol County · Massachusetts

Population
30,287

1,076/sq mi

Median income
$62,196

▼ 18% vs US

higher than 33% of US ZIPs

Median home value
$398,000

▲ 43% vs US

higher than 79% of US ZIPs

Bachelor's or higher
20.3%

Median age 40.2

Land area
28.2 sq mi

New York

ZIP code 02720 in Fall River, Massachusetts has a population of 30,287. The median household income is $62,196, which is 18% below the national average. Median home value is $398,000, 43% above the US average. 20.3% of residents hold a bachelor's degree or higher.

ZIP code 02720 is classified by USPS as a standard delivery area and covers roughly 28.2 square miles in Fall River, Bristol County, Massachusetts. The area is home to 30,287 residents, producing a population density of 1,076 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 02720 against Massachusetts and the nation.

On the economic side, the median household income for ZIP 02720 sits at $62,196 (46% below the Massachusetts average), while per-capita income is $35,943. The poverty rate stands at 17.6% and the unemployment rate at 8.1%. On housing, the median home value is $398,000 (34% below the state average) with median rent at $1,230 per month, and 37.5% of occupied units are owner-occupied, a direct signal of whether 02720 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 20.3% of adults hold a bachelor's degree or higher, the median age is 40.2, and the average commute is 25 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Bristol County, so you can benchmark 02720 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 02720

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 02720.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 02720, Fall River, MA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

30,287

Population

28.2

Area (sq mi)

1,076

People / sq mi

New York

Time Zone

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ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 02720?

40.2

Median Age

47.7%

Male

52.3%

Female

21.4%

Foreign-Born

White 75.3%
African American 7.4%
Asian 2.7%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.8%
Hispanic or Latino 10.6%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$62,196

Median Household Income

-46% vs state

$35,943

Per Capita Income

17.6%

Poverty Rate

8.1%

Unemployment Rate

25.3 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 53.6%
Bachelor's Degree or Higher 20.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

14,784

Total Housing Units

14,278

Occupied Units

506

Vacant Units

2.08

Avg Household Size

Occupancy Type

Owner 37.5%
Renter 62.5%

$398,000

Median Home Value

-34% vs state

$1,230

Median Rent

1948

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+5.5%

YoY Change (2024)

275

HPI Index (2000 = 100)

+175%

Total Change Since 2000

Home values in ZIP 02720 have increased 5.5% over the past year (2024). Since 2000, this ZIP has seen +175% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.2% 186
2021 +12.8% 210
2022 +12.4% 236
2023 +10.3% 261
2024 +5.5% 275

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 751 business establishments in ZIP 02720, employing approximately 18,309 people with a combined annual payroll of $1,032,259,000.

751

Businesses

18,309

Employees

$1.0B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 166 22.1%
Professional, scientific, and technical services 85 11.3%
Retail trade 69 9.2%
Other services (except public administration) 66 8.8%
Construction 64 8.5%
Accommodation and food services 62 8.3%
Manufacturing 37 4.9%
Finance and insurance 37 4.9%
Real estate and rental and leasing 36 4.8%
Administrative and support and waste management and remediation services 36 4.8%
Wholesale trade 33 4.4%
Transportation and warehousing 28 3.7%
Educational services 10 1.3%
Arts, entertainment, and recreation 9 1.2%
Information 8 1.1%
Industries not classified 3 0.4%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 02720 vs 02723 →

ZIP Code City Population Distance
02723 Fall River, MA 14,767 2.8 mi
02726 Somerset, MA 15,534 2.4 mi
02725 Somerset, MA 2,631 3.7 mi
02721 Fall River, MA 26,290 4.3 mi
02702 Assonet, MA 4,125 4.6 mi
02724 Fall River, MA 16,908 4.6 mi
02715 Dighton, MA 3,123 6.1 mi
02777 Swansea, MA 15,840 5.1 mi
02779 Berkley, MA 6,411 7.4 mi
02885 Warren, RI 10,627 7.5 mi

More ZIP Codes in Bristol County

Frequently Asked Questions

What county is ZIP code 02720 in?
ZIP code 02720 (Fall River) is located in Bristol County, Massachusetts. Bristol County contains multiple ZIP codes, see the full list at /counties/bristol-ma.
What is the population of ZIP code 02720?
ZIP code 02720 in Fall River, MA has a population of 30,287 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 02720?
The median household income in ZIP 02720 is $62,196, which is 18% below the national average of $76,288.
What is the average home value in ZIP 02720?
The median home value in ZIP 02720 is $398,000, which is 43% above the national average of $278,155.
What is the demographic makeup of ZIP 02720?
The largest racial group in ZIP 02720 is White at 75.3%. Hispanic or Latino residents make up 10.6% of the population.
How many businesses are in ZIP code 02720?
ZIP code 02720 has 751 business establishments employing approximately 18,309 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 02720?
The top industries by establishment count in ZIP 02720 are: Health care and social assistance (166), Professional, scientific, and technical services (85), Retail trade (69). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 02720?
According to the FHFA House Price Index, home values in ZIP 02720 increased by 5.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 175%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 02720?
In ZIP code 02720, 53.6% of residents aged 25+ have a high school diploma or higher, and 20.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 02720?
The mean commute time for workers in ZIP code 02720 is 25.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 02720?
In ZIP code 02720, approximately 37.5% of occupied housing units are owner-occupied and 62.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 02720?
The poverty rate in ZIP code 02720 is 17.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Fall River, MA

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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