ZIP Code 02740
standardSource:
New Bedford · Bristol County · Massachusetts
- Population
- 43,087
- Median income
- $55,237
- Median home value
- $345,800
- Bachelor's or higher
- 17.3%
- Land area
- 14.7 sq mi
2,926/sq mi
▼ 28% vs US
higher than 21% of US ZIPs
▲ 24% vs US
higher than 73% of US ZIPs
Median age 38.1
New York
ZIP code 02740 in New Bedford, Massachusetts has a population of 43,087. The median household income is $55,237, which is 28% below the national average. Median home value is $345,800, 24% above the US average. 17.3% of residents hold a bachelor's degree or higher.
ZIP code 02740 is classified by USPS as a standard delivery area and covers roughly 14.7 square miles in New Bedford, Bristol County, Massachusetts. The area is home to 43,087 residents, producing a population density of 2,926 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 02740 against Massachusetts and the nation.
On the economic side, the median household income for ZIP 02740 sits at $55,237 (52% below the Massachusetts average), while per-capita income is $30,549. The poverty rate stands at 19.8% and the unemployment rate at 8.1%. On housing, the median home value is $345,800 (42% below the state average) with median rent at $1,086 per month, and 39.6% of occupied units are owner-occupied, a direct signal of whether 02740 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 17.3% of adults hold a bachelor's degree or higher, the median age is 38.1, and the average commute is 23 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Bristol County, so you can benchmark 02740 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 02740
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 02740.
- Health care and social assistance
Health care and social assistance
137 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
129 establishments
- Other services (except public administration)
Other services (except public administration)
103 establishments
- Retail trade
Retail trade
100 establishments
- Accommodation and food services
Accommodation and food services
98 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, 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 02740, New Bedford, 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
43,087
Population
14.7
Area (sq mi)
2,926
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 02740?
38.1
Median Age
51.1%
Male
48.9%
Female
17.8%
Foreign-Born
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?
$55,237
Median Household Income
-52% vs state
$30,549
Per Capita Income
19.8%
Poverty Rate
8.1%
Unemployment Rate
23.1 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
20,654
Total Housing Units
19,696
Occupied Units
958
Vacant Units
2.29
Avg Household Size
Occupancy Type
$345,800
Median Home Value
-42% vs state
$1,086
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
+6.4%
YoY Change (2024)
312
HPI Index (2000 = 100)
+212%
Total Change Since 2000
Home values in ZIP 02740 have increased 6.4% over the past year (2024). Since 2000, this ZIP has seen +212% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +6.5% | 198 |
| 2021 | +16.8% | 231 |
| 2022 | +14.1% | 264 |
| 2023 | +10.9% | 293 |
| 2024 | +6.4% | 312 |
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 930 business establishments in ZIP 02740, employing approximately 13,755 people with a combined annual payroll of $785,851,000.
930
Businesses
13,755
Employees
$785.9M
Annual Payroll
18
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 137 | 14.7% |
| Professional, scientific, and technical services | 129 | 13.9% |
| Other services (except public administration) | 103 | 11.1% |
| Retail trade | 100 | 10.8% |
| Accommodation and food services | 98 | 10.5% |
| Construction | 59 | 6.3% |
| Agriculture, forestry, fishing and hunting | 46 | 5.0% |
| Wholesale trade | 45 | 4.8% |
| Finance and insurance | 39 | 4.2% |
| Real estate and rental and leasing | 38 | 4.1% |
| Transportation and warehousing | 36 | 3.9% |
| Manufacturing | 30 | 3.2% |
| Administrative and support and waste management and remediation services | 26 | 2.8% |
| Arts, entertainment, and recreation | 18 | 1.9% |
| Educational services | 9 | 1.0% |
| Information | 6 | 0.7% |
| Management of companies and enterprises | 5 | 0.5% |
| Utilities | 4 | 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 02740 vs 02746 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 02746 | New Bedford, MA | 15,342 | 1.6 mi |
| 02744 | New Bedford, MA | 11,900 | 2.4 mi |
| 02719 | Fairhaven, MA | 15,873 | 3.4 mi |
| 02745 | New Bedford, MA | 24,576 | 4.3 mi |
| 02747 | North Dartmouth, MA | 22,927 | 4.5 mi |
| 02743 | Acushnet, MA | 10,307 | 5.6 mi |
| 02748 | South Dartmouth, MA | 11,442 | 5.7 mi |
| 02739 | Mattapoisett, MA | 6,045 | 6.6 mi |
| 02717 | East Freetown, MA | 4,745 | 8.5 mi |
| 02790 | Westport, MA | 15,717 | 7.9 mi |
More ZIP Codes in Bristol County
Related Areas
Frequently Asked Questions
What county is ZIP code 02740 in? ▼
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What is the median household income in ZIP 02740? ▼
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What is the demographic makeup of ZIP 02740? ▼
How many businesses are in ZIP code 02740? ▼
What are the main industries in ZIP code 02740? ▼
How have home values changed in ZIP code 02740? ▼
What is the education level in ZIP code 02740? ▼
What is the average commute time in ZIP 02740? ▼
What percentage of residents own vs. rent in ZIP 02740? ▼
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ZIP Code Research Guides
Official Data Resources for New Bedford, 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.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.