PlainZIP

Fall River, MA · standard

ZIP Code 02723

Bristol County, Massachusetts - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

14,767
3,570/sq mi
$47,633
Median income
$357,800
Median home value
13.4%
Bachelor's or higher

The verdict

Fall River pairs one of the lowest household incomes in the country with upper-quartile home values, in a suburban-density, renter-heavy area.

12th pct
household income, US ZIPs
Top 25%
home value, US ZIPs
3,570
people per sq mi
32%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 02723 against every reporting US ZIP.

ZIP code 02723 is a mid-sized community (a standard USPS delivery area) in Fall River, Bristol County, Massachusetts, home to 14,767 residents across 4.1 square miles, a density of 3,570 people per square mile, in the New York time zone.

ZIP 02723 reports a modest median household income of $47,633 (59% below the Massachusetts average), while per-capita income is $30,327. Poverty here runs at 22.4%, with unemployment measured at 5.2%. The typical home here is valued at $357,800 (40% below the state average); renters pay a median of $1,118 monthly, and 31.8% of units are owner-occupied.

Formal educational attainment runs low here: just 13.4% of adults hold a bachelor's degree or higher, the median age is 37.4, and the average commute is 25 minutes. To put 02723 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Bristol County, for a geography-aware comparison.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 02723

Top 5 sectors by establishment count in Fall River, MA

Which industries have the most business establishments in ZIP 02723.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 02723, Fall River, MA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

14,767

Population

4.1

Area (sq mi)

3,570

People / sq mi

New York

Time Zone

standard

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 02723?

37.4

Median Age

52.2%

Male

47.8%

Female

26.3%

Foreign-Born

White 65.3%
African American 7.2%
Asian 2.0%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.3%
Two or More Ethnicities 14.6%
Hispanic or Latino 14.3%

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?

$47,633

Median Household Income

-59% vs state

$30,327

Per Capita Income

22.4%

Poverty Rate

5.2%

Unemployment Rate

25.3 min

Mean Commute Time

How ZIP 02723 ranks nationally

Fall River, MA household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$47,633 12th percentile higher than 12% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

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

What is the education profile here?

High School Graduate or Higher 50.8%
Bachelor's Degree or Higher 13.4%

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

What does housing look like?

7,943

Total Housing Units

7,584

Occupied Units

359

Vacant Units

2.24

Avg Household Size

Occupancy Type

Owner 31.8%
Renter 68.2%

$357,800

Median Home Value

-40% vs state

$1,118

Median Rent

1938

Median Year Built

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

How have home values changed over time?

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

-4.8%

YoY Change (2024)

283

HPI Index (2000 = 100)

+183%

Total Change Since 2000

Home values in ZIP 02723 have decreased 4.8% over the past year (2024). Since 2000, this ZIP has seen +183% cumulative appreciation.

Year Annual Change HPI Index
2020 +7.2% 192
2021 +11.9% 215
2022 +15.8% 249
2023 +19.2% 297
2024 -4.8% 283

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 262 business establishments in ZIP 02723, employing approximately 3,003 people with a combined annual payroll of $156,381,000.

262

Businesses

3,003

Employees

$156.4M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Construction 43 16.4%
Retail trade 37 14.1%
Health care and social assistance 32 12.2%
Accommodation and food services 29 11.1%
Other services (except public administration) 23 8.8%
Professional, scientific, and technical services 20 7.6%
Manufacturing 17 6.5%
Real estate and rental and leasing 13 5.0%
Administrative and support and waste management and remediation services 13 5.0%
Finance and insurance 12 4.6%
Transportation and warehousing 10 3.8%
Wholesale trade 3 1.1%
Management of companies and enterprises 3 1.1%
Educational services 3 1.1%

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 02723 vs 02721 →

ZIP 02723 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 02723 ranks #9 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 02723 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 02723 ranks #null of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
02721 Fall River, MA 26,290 1.6 mi
02720 Fall River, MA 30,287 2.8 mi
02724 Fall River, MA 16,908 2.6 mi
02725 Somerset, MA 2,631 3.1 mi
02726 Somerset, MA 15,534 4.8 mi
02878 Tiverton, RI 15,780 6.2 mi
02747 North Dartmouth, MA 22,927 6.1 mi
02790 Westport, MA 15,717 6.8 mi
02715 Dighton, MA 3,123 8.7 mi
02777 Swansea, MA 15,840 6.1 mi

More ZIP Codes in Bristol County

02780 standard
Taunton, MA
Pop: 49,036
02703 standard
Attleboro, MA
Pop: 43,593
02740 standard
New Bedford, MA
Pop: 43,087
02720 standard
Fall River, MA
Pop: 30,287
02760 standard
North Attleboro, MA
Pop: 26,739
02721 standard
Fall River, MA
Pop: 26,290

Related Areas

Bristol County Fall River, MA Massachusetts

Frequently Asked Questions

What county is ZIP code 02723 in? ▼
ZIP code 02723 (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 02723? ▼
ZIP code 02723 in Fall River, MA has a population of 14,767 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 02723? ▼
The median household income in ZIP 02723 is $47,633, which is 38% below the national average of $76,288.
What is the average home value in ZIP 02723? ▼
The median home value in ZIP 02723 is $357,800, which is 29% above the national average of $278,155.
What is the demographic makeup of ZIP 02723? ▼
The largest racial group in ZIP 02723 is White at 65.3%. Hispanic or Latino residents make up 14.3% of the population.
How many businesses are in ZIP code 02723? ▼
ZIP code 02723 has 262 business establishments employing approximately 3,003 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 02723? ▼
The top industries by establishment count in ZIP 02723 are: Construction (43), Retail trade (37), Health care and social assistance (32). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 02723? ▼
According to the FHFA House Price Index, home values in ZIP 02723 decreased by 4.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 183%. 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 02723? ▼
In ZIP code 02723, 50.8% of residents aged 25+ have a high school diploma or higher, and 13.4% 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 02723? ▼
The mean commute time for workers in ZIP code 02723 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 02723? ▼
In ZIP code 02723, approximately 31.8% of occupied housing units are owner-occupied and 68.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 02723? ▼
The poverty rate in ZIP code 02723 is 22.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.