Interested in purchasing investment houses in the 02744 zip code in New Bedford, MA?
The zip code 02744 is in Bristol county with a latitude of -70.912690000000 and longitude of 41.607990000000, is in the state of Massachusetts. The average asking price of houses and condos is $190,522.00 and the average sale price was $130,778.00. 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° 36' 28.764" N, 70° 54' 45.684" W. The county F.I.P.S. is 25005. The total land area is 1.3 square miles and the water area is 0.5 square miles. The elevation in this area is 7 - 10 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 02744 is in county number 005 and is L. Sector 00, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 11,291 in 2019 and 11,900 in 2010. This further breaks down to 5,325 males (47.2%) and 5,966 females (52.8%). The median age of residents is 33.5 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 8,749. This zip code has a combined total of 5,332 houses and condos. There are 3,031 rented appartments. 65% of residents rent versus the 65% 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 $32,531 and the average salary is $29,330. The median household income of individuals is $28,546.00 and the average is $38,390.00. This zip code has a mean commute time to work of 28.0 minutes. The unemployment rate is 6.7%. Income earners by percent breakdown as 70.70% (Under $50,000), 21.60% ($50,000-$100,000), and 7.70% earn over $100,000. 22.0% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 132.8. The educational breakdown is 69.0% have a high school education or higher, 14.9% have a bachelor's degree or higher, and 4.1% have some kind of profesional degree.
This area has 4,737 households and the average size is 2.4 people. Individuals who are single and have never been married are 47.2%, 33.0% are now married, 1.4% are separated, 6.1% are widowed, and 12.3% are divorced. The average yearly contribution amount given by people to charity was $1,482 versus the state average of $4,208. The percent of residents who gave to charity was 10.1%.
The estimated median value of houses and condos is $251,226. The median monthly owner costs of mortgage holders was $1,553, where as the costs for those who don't have a mortgage are $654. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $3,302. 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 1.2% which amounted to an average tax amount of $3,067. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $3,647. Reported taxable interest for persons was $618, dividends $1,694, capital gains +$1,319, and itemized deductions $16,959. The average earned income tax credit is $2,425. The percent of individuals that use a tax preparer is 65.3%. The total average income taxes paid by individuals was $6,135. Businesses reported an average profit of $20,893.
Norfisk Seafood
10 Point St, New Bedford, MA 02744
Inner Bay Cafe & Grille
1339 Cove Rd, New Bedford, MA 02744
Me & Ed's
30 Brock Ave, New Bedford, MA 02744
New Bedford House of Pizza
64 Rodney French Blvd, New Bedford, MA 02744
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