Interested in purchasing investment houses in the 02720 zip code in Fall River, MA?
The zip code 02720 is in Bristol county with a latitude of -71.118080000000 and longitude of 41.732860000000, is in the state of Massachusetts. The average asking price of houses and condos is $205,176.00 and the average sale price was $177,414.00. this regions is classified as the Providence metro area and consists of the following area codes: 508 and 774. The location in degrees is 41° 43' 58.296" N, 71° 7' 5.088" W. The county F.I.P.S. is 25005. The total land area is 10.9 square miles and the water area is 1.7 square miles. The elevation in this area is 62 - 194 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 02720 is in county number 005 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 30,488 in 2019 and 30,287 in 2010. Of this, the break down in 2019 was 30,263 urban and 224 rural. This further breaks down to 15,057 males (49.4%) and 15,431 females (50.6%). The median age of residents is 41.8 years. The population of the greater Providence-New Bedford-Fall River, RI-MA area is 1,610,368. The population density (people per square mile) is 2,805. This zip code has a combined total of 14,481 houses and condos. There are 7,773 rented appartments. 60% of residents rent versus the 60% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $43,975 and the average salary is $39,275. The median household income of individuals is $43,916.00 and the average is $51,330.00. This zip code has a mean commute time to work of 26.4 minutes. The unemployment rate is 5.5%. Income earners by percent breakdown as 56.10% (Under $50,000), 30.20% ($50,000-$100,000), and 13.70% earn over $100,000. 15.8% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 132.1. The educational breakdown is 79.4% have a high school education or higher, 22.0% have a bachelor's degree or higher, and 7.6% have some kind of profesional degree.
This area has 12,960 households and the average size is 2.3 people. Individuals who are single and have never been married are 37.3%, 41.3% are now married, 2.2% are separated, 7.1% are widowed, and 12.0% are divorced. The average yearly contribution amount given by people to charity was $1,828 versus the state average of $4,208. The percent of residents who gave to charity was 17.3%.
The estimated median value of houses and condos is $266,374. The median monthly owner costs of mortgage holders was $1,735, where as the costs for those who don't have a mortgage are $612. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $3,102. In comparision, the average real estate tax percent rate in the state is 1.2% which equated to an average real estate tax amount payment in the state of $4,899. The median housing property tax percent for residents with mortgages was 1.1% which amounted to an average tax amount of $3,155. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $3,029. Reported taxable interest for persons was $809, dividends $3,777, capital gains +$6,107, and itemized deductions $18,506. The average earned income tax credit is $1,992. The percent of individuals that use a tax preparer is 60.9%. The total average income taxes paid by individuals was $6,964. Businesses reported an average profit of $11,447.
Fiorentine Italian Kitchen
1833 N Main St, Fall River, MA 02720
New Boston Bakery
279 New Boston Rd, Fall River, MA 02720
Tequila Lime Cantina
197 Bank St, Fall River, MA 02720
Mesa 21
21 Lindsey St, Fall River, MA 02720
China Star
101 President Ave Ste 4, Fall River, MA 02720
The Pink Bean Coffee
85 Purchase St, Fall River, MA 02720
Lepage's Seafood & Grille
439 Martine St, Fall River, MA 02723 (1.8 miles away)
Rogers Spa & Restaurant
1229 Wilbur Ave, Somerset, MA 02725 (2 miles away)
Ed's Famous BBQ
756 Brayton Ave, Fall River, MA 02721 (2.3 miles away)