Housing data for ZIP code 02723
ZIP code 02723 has an estimated 17,067 residents and 7,943 homes (US Census Bureau, 2020–2024 American Community Survey).
Most of its land lies in Fall River, Bristol County.
68.2% of households rent.
The median gross rent is $1,118 (±$61) a month.
The median home value is $357,800 (±$22,471).
The median household income is $47,633 (±$7,237) a year.
Figures last updated on .
- Residents
- 17,067 (±1,203)
- Median gross rent
- $1,118
- Median home value
- $357,800
- Households that rent
- 68.2%
How ZIP code 02723 compares
| ZIP 02723 | Fall River | Bristol County | Massachusetts | United States | |
|---|---|---|---|---|---|
| Residents | 17,067 (±1,203) | 94,082 | 582,270 | 7,044,056 | 334,922,499 |
| Housing units | 7,943 (±511) | 44,576 | 245,025 | 3,030,406 | 143,775,355 |
| Households that rent | 68.2% (±3.7 points) | 64.7% | 37.7% | 37.5% | 34.8% |
| Median gross rent | $1,118 (±$61) | $1,155 | $1,245 | $1,762 | $1,413 |
| Median home value | $357,800 (±$22,471) | $395,500 | $451,200 | $562,100 | $332,700 |
| Median household income | $47,633 (±$7,237) | $56,673 | $85,625 | $103,960 | $80,734 |
| Median real estate taxes (a year) | $3,728 (±$163) | $3,953 | $4,807 | $5,992 | $3,119 |
| Renters paying 30% or more of income | 54.7% (±8.2 points) | 52.5% | 52.2% | 51.8% | 51.1% |
| Built before 1980 | 84.2% (±6.9 points) | 78.2% | 68.1% | 67.4% | 49.7% |
| Average commute | 25.3 minutes (±2.3) | 25.8 minutes | 28.5 minutes | 29.1 minutes | 26.4 minutes |
| Households with broadband | 82.1% (±4.5 points) | 86.4% | 90.2% | 92.8% | 91.0% |
| Median age of residents | 37.4 years (±2.5) | 39.3 years | 40.9 years | 40.0 years | 38.9 years |
In ZIP 02723, median gross rent is lower than in Bristol County ($1,245).
It is also lower than in Massachusetts ($1,762).
It is lower than the national figure ($1,413).
The median gross rent in ZIP code 02723 is not measurably different from Fall River as a whole ($1,155).
Its median home value is lower than in Fall River as a whole ($395,500).
Among the 31 ZIP codes in Bristol County with a published estimate, ZIP 02723 ranks 29 from highest to lowest median gross rent.
Among the 34 ZIP codes in Bristol County with a published estimate, ZIP 02723 ranks 33 from highest to lowest median home value.
Among the 34 ZIP codes in Bristol County with a published estimate, ZIP 02723 ranks 33 from highest to lowest median household income.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Rent in ZIP code 02723
| Monthly gross rent | ZIP 02723 | Bristol County | Massachusetts | United States |
|---|---|---|---|---|
| Less than $500 | 15.5% (±4.1 points) | 10.2% | 10.2% | 6.3% |
| $500 to $999 | 23.9% (±6.3 points) | 21.1% | 11.7% | 20.2% |
| $1,000 to $1,499 | 43.6% (±6.4 points) | 34.2% | 17.7% | 28.1% |
| $1,500 to $1,999 | 10.3% (±3.4 points) | 21.9% | 19.9% | 21.1% |
| $2,000 to $2,499 | 4.9% (±2.9 points) | 8.6% | 16.7% | 12.0% |
| $2,500 to $2,999 | 0.9% (±0.8 points) | 2.3% | 10.5% | 5.5% |
| $3,000 or more | 0.9% (±1.1 points) | 1.7% | 13.3% | 6.8% |
The most common range is $1,000 to $1,499, paid by 43.6% of renting households.
Rent by bedrooms in ZIP code 02723
| Bedrooms | Census median |
|---|---|
| Studio | $882 (±$430) |
| 1 bedroom | $501 (±$258) |
| 2 bedrooms | $1,115 (±$58) |
| 3 bedrooms | $1,291 (±$89) |
| 4 bedrooms | $1,750 (±$168) |
Rent burden in ZIP code 02723
| Share of income spent on rent | ZIP 02723 | Bristol County | Massachusetts | United States |
|---|---|---|---|---|
| Less than 15% | 14.9% (±4.8 points) | 14.5% | 12.4% | 12.6% |
| 15% to 19.9% | 12.7% (±4.0 points) | 11.7% | 11.6% | 12.2% |
| 20% to 24.9% | 10.6% (±3.3 points) | 11.0% | 12.3% | 12.6% |
| 25% to 29.9% | 7.2% (±3.2 points) | 10.5% | 12.0% | 11.5% |
| 30% to 34.9% | 11.2% (±4.5 points) | 9.9% | 10.0% | 9.2% |
| 35% or more | 43.5% (±6.8 points) | 42.3% | 41.8% | 41.9% |
54.7% (±8.2 points) of renting households in ZIP code 02723 spend 30% or more of their income on gross rent.
Home values in ZIP code 02723
| Value | ZIP 02723 | Bristol County | Massachusetts | United States |
|---|---|---|---|---|
| Less than $50,000 | 5.7% (±3.1 points) | 2.5% | 1.9% | 5.3% |
| $50,000 to $99,999 | 3.3% (±3.4 points) | 1.0% | 1.0% | 6.1% |
| $100,000 to $149,999 | 0.5% (±0.7 points) | 0.9% | 1.1% | 6.8% |
| $150,000 to $199,999 | 6.1% (±3.6 points) | 1.6% | 2.0% | 9.0% |
| $200,000 to $299,999 | 15.8% (±6.3 points) | 10.2% | 8.5% | 17.8% |
| $300,000 to $499,999 | 52.1% (±7.8 points) | 46.0% | 28.7% | 26.9% |
| $500,000 to $999,999 | 15.1% (±6.0 points) | 34.7% | 43.2% | 20.9% |
| $1,000,000 or more | 1.4% (±1.6 points) | 3.1% | 13.7% | 7.1% |
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
The homes in ZIP code 02723
| Building type | ZIP 02723 | Bristol County | Massachusetts | United States |
|---|---|---|---|---|
| Single-family, detached | 17.3% (±3.1 points) | 52.6% | 51.1% | 61.3% |
| Single-family, attached (townhouse, rowhouse) | 0.6% (±0.7 points) | 3.9% | 5.9% | 6.2% |
| 2 units | 12.3% (±3.1 points) | 9.7% | 9.3% | 3.4% |
| 3 or 4 units | 34.8% (±4.6 points) | 15.5% | 10.7% | 4.3% |
| 5 to 9 units | 18.2% (±3.9 points) | 7.0% | 5.7% | 4.5% |
| 10 to 19 units | 6.3% (±3.0 points) | 3.4% | 4.2% | 4.3% |
| 20 or more units | 10.2% (±2.2 points) | 6.4% | 12.3% | 10.3% |
| Mobile home | 0.3% (±0.5 points) | 1.4% | 0.8% | 5.6% |
| Boat, RV, van, etc. | 0.0% (±0.5 points) | 0.1% | 0.0% | 0.1% |
When the homes in ZIP code 02723 were built
| Year built | ZIP 02723 | Bristol County | Massachusetts | United States |
|---|---|---|---|---|
| 2020 or later | 0.0% (±0.5 points) | 0.7% | 1.0% | 2.0% |
| 2010 to 2019 | 2.2% (±1.1 points) | 4.5% | 6.2% | 9.4% |
| 2000 to 2009 | 1.9% (±1.1 points) | 6.6% | 7.1% | 13.6% |
| 1990 to 1999 | 2.8% (±1.9 points) | 8.5% | 7.4% | 12.4% |
| 1980 to 1989 | 8.9% (±2.8 points) | 11.6% | 10.8% | 12.9% |
| 1970 to 1979 | 7.2% (±2.7 points) | 12.1% | 11.1% | 14.2% |
| 1960 to 1969 | 6.4% (±2.3 points) | 9.5% | 9.9% | 9.9% |
| 1950 to 1959 | 9.0% (±2.4 points) | 9.6% | 10.8% | 9.5% |
| 1940 to 1949 | 8.0% (±3.0 points) | 5.1% | 5.1% | 4.4% |
| 1939 or earlier | 53.6% (±4.5 points) | 31.8% | 30.5% | 11.7% |
84.2% of the homes in ZIP code 02723 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.
Heating fuel in ZIP code 02723
| Fuel used most | ZIP 02723 | Bristol County | Massachusetts | United States |
|---|---|---|---|---|
| Utility gas | 86.7% (±3.0 points) | 57.2% | 51.6% | 46.5% |
| Fuel oil, kerosene, etc. | 1.2% (±0.7 points) | 23.0% | 22.4% | 3.9% |
| Electricity | 11.3% (±2.8 points) | 12.7% | 18.6% | 41.3% |
| Bottled or tank gas (propane) | 0.8% (±0.6 points) | 4.4% | 4.5% | 4.9% |
| Wood | 0.0% (±0.6 points) | 1.1% | 1.1% | 1.4% |
| Solar energy | 0.0% (±0.6 points) | 0.4% | 0.2% | 0.3% |
| Coal or coke | 0.0% (±0.6 points) | 0.0% | 0.0% | 0.1% |
| Other fuel | 0.0% (±0.6 points) | 0.8% | 0.8% | 0.5% |
| No fuel used | 0.0% (±0.6 points) | 0.4% | 0.7% | 1.2% |
How people in ZIP code 02723 get to work
| Means of transportation | ZIP 02723 | Bristol County | Massachusetts | United States |
|---|---|---|---|---|
| Drove alone | 71.3% (±5.1 points) | 74.5% | 61.2% | 68.8% |
| Carpooled | 13.9% (±4.4 points) | 9.1% | 7.0% | 8.5% |
| Public transportation | 2.2% (±1.6 points) | 1.9% | 6.5% | 3.2% |
| Walked | 1.5% (±1.1 points) | 2.0% | 4.1% | 2.4% |
| Other means (bicycle, taxi, motorcycle) | 2.3% (±1.4 points) | 1.4% | 2.6% | 2.0% |
| Worked from home | 8.8% (±3.8 points) | 11.1% | 18.6% | 15.1% |
Workers who live in ZIP code 02723 take an average of 25.3 minutes to get to work.
Places in ZIP code 02723
| Place | Share of the ZIP’s land in this place | Median gross rent | Households that rent |
|---|---|---|---|
| Fall River | 100% | $1,155 | 64.7% |
A township or a New York town includes the villages inside it, so their shares can add up to more than the whole.
ZIP codes near 02723
| ZIP code | Distance | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|---|
| 02721 | 1.5 mi | $1,102 | $406,000 | $52,841 | 65.8% |
| 02724 | 2.4 mi | $1,145 | $402,800 | $55,590 | 66.6% |
| 02720 | 2.7 mi | $1,230 | $398,000 | $62,196 | 62.5% |
| 02725 | 3.5 mi | — | $417,300 | $129,253 | 1.2% |
| 02726 | 4.7 mi | $1,275 | $419,000 | $111,046 | 14.6% |
| 02777 | 6.2 mi | $1,226 | $445,000 | $116,364 | 14.8% |
| 02878 | 6.4 mi | $1,247 | $411,900 | $106,036 | 19.3% |
| 02747 | 6.6 mi | $1,321 | $484,800 | $102,079 | 22.4% |
Crime reported to police in Fall River
Most of ZIP code 02723 is policed by the Fall River Police Department, which reported 769 violent and 1,550 property crimes per 100,000 residents to the FBI in 2025.
The FBI publishes crime by police department, not by ZIP code, so this is the department’s figure for the whole area it serves.
ZIP code 02723 is reported as ZIP Code Tabulation Area 02723: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about ZIP 02723
What is the median rent in ZIP code 02723?
The median gross rent in ZIP Code Tabulation Area 02723 is $1,118 (±$61) a month (2020–2024 American Community Survey).
What is the median home value in ZIP code 02723?
The median value of owner-occupied homes in ZIP code 02723 is $357,800 (±$22,471) (2020–2024 American Community Survey).
What is the median household income in ZIP code 02723?
The median household income in ZIP code 02723 is $47,633 (±$7,237) a year (2020–2024 American Community Survey).
What town is ZIP code 02723 in?
ZIP code 02723 lies mostly in Fall River.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — ZCTA5 02723
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — ZCTA5 02723
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — ZCTA5 02723
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — ZCTA5 02723
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — ZCTA5 02723
- Median Gross Rent by Bedrooms (B25031), 2020–2024 ACS 5-year estimates — ZCTA5 02723
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Fall River Police Department (ORI MA0030800)
- FBI: Uniform Crime Reporting statistics and their proper use
- US Census Bureau, 2024 Gazetteer Files
- US Census Bureau, 2020 ZIP Code Tabulation Area relationship files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 02723 (zip code tabulation area:02723).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .