Zip Code
02723
City
Fall River, MA
Population & Migration
What is the forecasted population for Zip code 02723 Fall River, MA?
- Population census 2020
- 15,340
- Forecasted population 2025
- 17,162
- 11.9% vs. 2020
- Forecasted population 2030
- 17,187
- 12% vs. 2020
Zip code 02723 Fall River, MA population is forecasted to grow 11.9% by 2025 (7.2 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 17,162 people for 2025 zip code 02723 Fall River, MA will generate a good demand for housing, which is expected to have a deficit of 914 houses for 2030. Vacancy rate is 5.1 points below national US average.
- Total homes available 2020
- 7,588
- Estimated total home demand in 2030
- 8,502
- Total homes balance inventory
- 914
Average Household Income in zip code 02723 Fall River, MA
from Internal Revenue Service
- Average household income in 2021
- $63,389
Affordability
- Affordability Index
- 5
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 02723 Fall River, MA?
County total number of drinking water violations
612
+164%
232
County total number of drinking water contaminations
100
+355%
22
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