PlainZIP

Fall River, MA · standard

ZIP Code 02724

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

16,908
3,513/sq mi
$55,590
Median income
$402,800
Median home value
13.6%
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.

22th pct
household income, US ZIPs
Top 20%
home value, US ZIPs
3,513
people per sq mi
33%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 02724 against every reporting US ZIP.

ZIP code 02724 is a mid-sized community (a standard USPS delivery area) in Fall River, Bristol County, Massachusetts, home to 16,908 residents across 4.8 square miles, a density of 3,513 people per square mile, in the New York time zone.

ZIP 02724 reports a modest median household income of $55,590 (52% below the Massachusetts average), while per-capita income is $30,484. Poverty here runs at 20.1%, with unemployment measured at 4.5%. Median home value sits at $402,800 (33% below the state average), median rent at $1,145 a month, and owner-occupancy at 33.4%.

Formal educational attainment runs low here: just 13.6% of adults hold a bachelor's degree or higher, the median age is 37.9, and the average commute is 26 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Bristol County, so you can benchmark 02724 against its immediate geography rather than a national average alone.

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 02724

Top 5 sectors by establishment count in Fall River, MA

Which industries have the most business establishments in ZIP 02724.

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 02724, 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

16,908

Population

4.8

Area (sq mi)

3,513

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 02724?

37.9

Median Age

47.0%

Male

53.0%

Female

25.0%

Foreign-Born

White 69.7%
African American 7.6%
Asian 2.2%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 13.8%
Hispanic or Latino 14.6%

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?

$55,590

Median Household Income

-52% vs state

$30,484

Per Capita Income

20.1%

Poverty Rate

4.5%

Unemployment Rate

25.5 min

Mean Commute Time

How ZIP 02724 ranks nationally

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

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

$55,590 22nd percentile higher than 22% 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 48.8%
Bachelor's Degree or Higher 13.6%

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

What does housing look like?

8,844

Total Housing Units

8,283

Occupied Units

561

Vacant Units

2.23

Avg Household Size

Occupancy Type

Owner 33.4%
Renter 66.6%

$402,800

Median Home Value

-33% vs state

$1,145

Median Rent

1947

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

+6.5%

YoY Change (2024)

313

HPI Index (2000 = 100)

+213%

Total Change Since 2000

Home values in ZIP 02724 have increased 6.5% over the past year (2024). Since 2000, this ZIP has seen +213% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.5% 201
2021 +15.7% 233
2022 +18.7% 277
2023 +6.3% 294
2024 +6.5% 313

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 228 business establishments in ZIP 02724, employing approximately 2,889 people with a combined annual payroll of $158,461,000.

228

Businesses

2,889

Employees

$158.5M

Annual Payroll

13

Industry Sectors

Industry Establishments % of Total
Retail trade 47 20.6%
Construction 30 13.2%
Other services (except public administration) 30 13.2%
Accommodation and food services 28 12.3%
Manufacturing 20 8.8%
Health care and social assistance 17 7.5%
Professional, scientific, and technical services 10 4.4%
Finance and insurance 9 4.0%
Real estate and rental and leasing 8 3.5%
Administrative and support and waste management and remediation services 8 3.5%
Wholesale trade 6 2.6%
Transportation and warehousing 5 2.2%
Information 3 1.3%

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 02724 vs 02725 →

ZIP 02724 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 02724 ranks #4 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 02724 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 02724 ranks #9 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
02725 Somerset, MA 2,631 2.0 mi
02721 Fall River, MA 26,290 1.8 mi
02723 Fall River, MA 14,767 2.6 mi
02878 Tiverton, RI 15,780 5.2 mi
02809 Bristol, RI 22,938 4.6 mi
02777 Swansea, MA 15,840 5.3 mi
02720 Fall River, MA 30,287 4.6 mi
02726 Somerset, MA 15,534 5.6 mi
02885 Warren, RI 10,627 5.3 mi
02715 Dighton, MA 3,123 9.3 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 02724 in? ▼
ZIP code 02724 (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 02724? ▼
ZIP code 02724 in Fall River, MA has a population of 16,908 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 02724? ▼
The median household income in ZIP 02724 is $55,590, which is 27% below the national average of $76,288.
What is the average home value in ZIP 02724? ▼
The median home value in ZIP 02724 is $402,800, which is 45% above the national average of $278,155.
What is the demographic makeup of ZIP 02724? ▼
The largest racial group in ZIP 02724 is White at 69.7%. Hispanic or Latino residents make up 14.6% of the population.
How many businesses are in ZIP code 02724? ▼
ZIP code 02724 has 228 business establishments employing approximately 2,889 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 02724? ▼
The top industries by establishment count in ZIP 02724 are: Retail trade (47), Construction (30), Other services (except public administration) (30). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 02724? ▼
According to the FHFA House Price Index, home values in ZIP 02724 increased by 6.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 213%. 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 02724? ▼
In ZIP code 02724, 48.8% of residents aged 25+ have a high school diploma or higher, and 13.6% 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 02724? ▼
The mean commute time for workers in ZIP code 02724 is 25.5 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 02724? ▼
In ZIP code 02724, approximately 33.4% of occupied housing units are owner-occupied and 66.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 02724? ▼
The poverty rate in ZIP code 02724 is 20.1% 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.