ZIP Code 02745

standard

Source:

New Bedford · Bristol County · Massachusetts

Population
24,576

919/sq mi

Median income
$74,034

▼ 3% vs US

higher than 53% of US ZIPs

Median home value
$368,600

▲ 33% vs US

higher than 76% of US ZIPs

Bachelor's or higher
22.0%

Median age 40.1

Land area
26.8 sq mi

New York

ZIP code 02745 in New Bedford, Massachusetts has a population of 24,576. The median household income is $74,034, which is 3% below the national average. Median home value is $368,600, 33% above the US average. 22.0% of residents hold a bachelor's degree or higher.

ZIP code 02745 is classified by USPS as a standard delivery area and covers roughly 26.8 square miles in New Bedford, Bristol County, Massachusetts. The area is home to 24,576 residents, producing a population density of 919 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 02745 against Massachusetts and the nation.

On the economic side, the median household income for ZIP 02745 sits at $74,034 (36% below the Massachusetts average), while per-capita income is $37,256. The poverty rate stands at 14.6% and the unemployment rate at 5.6%. On housing, the median home value is $368,600 (38% below the state average) with median rent at $1,139 per month, and 60.6% of occupied units are owner-occupied, a direct signal of whether 02745 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 22.0% of adults hold a bachelor's degree or higher, the median age is 40.1, 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 02745 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 02745

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 02745.

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 02745, 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

24,576

Population

26.8

Area (sq mi)

919

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 02745?

40.1

Median Age

49.7%

Male

50.3%

Female

18.0%

Foreign-Born

White 72.0%
African American 2.4%
Asian 1.4%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 13.7%
Hispanic or Latino 14.9%

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?

$74,034

Median Household Income

-36% vs state

$37,256

Per Capita Income

14.6%

Poverty Rate

5.6%

Unemployment Rate

25.8 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 58.7%
Bachelor's Degree or Higher 22.0%

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

What does housing look like?

10,590

Total Housing Units

10,264

Occupied Units

326

Vacant Units

2.36

Avg Household Size

Occupancy Type

Owner 60.6%
Renter 39.4%

$368,600

Median Home Value

-38% vs state

$1,139

Median Rent

1958

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

+6.1%

YoY Change (2024)

311

HPI Index (2000 = 100)

+211%

Total Change Since 2000

Home values in ZIP 02745 have increased 6.1% over the past year (2024). Since 2000, this ZIP has seen +211% cumulative appreciation.

Year Annual Change HPI Index
2020 +7.0% 206
2021 +15.3% 238
2022 +12.3% 267
2023 +9.7% 293
2024 +6.1% 311

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 483 business establishments in ZIP 02745, employing approximately 8,496 people with a combined annual payroll of $487,482,000.

483

Businesses

8,496

Employees

$487.5M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Construction 71 14.7%
Health care and social assistance 66 13.7%
Retail trade 63 13.0%
Accommodation and food services 55 11.4%
Other services (except public administration) 49 10.1%
Manufacturing 40 8.3%
Finance and insurance 25 5.2%
Wholesale trade 24 5.0%
Real estate and rental and leasing 19 3.9%
Professional, scientific, and technical services 19 3.9%
Transportation and warehousing 17 3.5%
Administrative and support and waste management and remediation services 17 3.5%
Information 6 1.2%
Management of companies and enterprises 5 1.0%
Educational services 4 0.8%

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 02745 vs 02746 →

ZIP Code City Population Distance
02746 New Bedford, MA 15,342 2.6 mi
02743 Acushnet, MA 10,307 2.6 mi
02740 New Bedford, MA 43,087 4.3 mi
02717 East Freetown, MA 4,745 4.3 mi
02747 North Dartmouth, MA 22,927 4.1 mi
02744 New Bedford, MA 11,900 6.5 mi
02719 Fairhaven, MA 15,873 5.6 mi
02347 Lakeville, MA 10,612 9.2 mi
02739 Mattapoisett, MA 6,045 7.1 mi
02770 Rochester, MA 5,093 6.9 mi

More ZIP Codes in Bristol County

Frequently Asked Questions

What county is ZIP code 02745 in?
ZIP code 02745 (New Bedford) 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 02745?
ZIP code 02745 in New Bedford, MA has a population of 24,576 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 02745?
The median household income in ZIP 02745 is $74,034, which is 3% below the national average of $76,288.
What is the average home value in ZIP 02745?
The median home value in ZIP 02745 is $368,600, which is 33% above the national average of $278,155.
What is the demographic makeup of ZIP 02745?
The largest racial group in ZIP 02745 is White at 72.0%. Hispanic or Latino residents make up 14.9% of the population.
How many businesses are in ZIP code 02745?
ZIP code 02745 has 483 business establishments employing approximately 8,496 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 02745?
The top industries by establishment count in ZIP 02745 are: Construction (71), Health care and social assistance (66), Retail trade (63). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 02745?
According to the FHFA House Price Index, home values in ZIP 02745 increased by 6.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 211%. 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 02745?
In ZIP code 02745, 58.7% of residents aged 25+ have a high school diploma or higher, and 22.0% 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 02745?
The mean commute time for workers in ZIP code 02745 is 25.8 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 02745?
In ZIP code 02745, approximately 60.6% of occupied housing units are owner-occupied and 39.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 02745?
The poverty rate in ZIP code 02745 is 14.6% 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 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.

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