Fall River, MA
Maps & Population Facts
Population
89,258
Population Density
2,695
Labor Participaton
59.6%
Bachelor's or Higher
14.6%
Median Household Income
$39,328
Median Individual Income
$31,106
Median Individual Income(Full-time Workers Only)
$41,931
Housing Estimates
Median House Value
$231,300
Median Gross Rent
$757
Median Mortgage Payment
$1,636
Housing Units
43,426
People who reside in Fall River live in:
Detached - Single Family Homes
23%
Apt, Condo, Other
77%
Analysis
Income
Households in Fall River earn signifcantly less money than the national median income, averaging 35% less per household.
Housing
Fall River has a median house price of $231,300. The cost of homeownership is comparable with other areas. The cost of renting in Fall River is 25% less than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 5% |
Demographics
The median age in Fall River is 39. The age of the general population in Fall River is comparable with with the national average.
Fall River ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.
Housing Data
Housing Comparison
| Fall River | Massachusetts | USA | |
| Median Property Value | 231,300 | 385,400 | 217,600 |
| Median Mortgage Payment | 1,636 | 2,108 | 1,513 |
| Median Gross Rent | 757 | 1,208 | 1,012 |
| Property Vacancy | 11.1% | 10.0% | 12.6% |
| % Renters | 64% | 38% | 36% |
| Residents per Sq. Mi. | 2,695 | 885 | 93 |
Personal Comparison
| Fall River | Massachusetts | USA | |
| Median Household Income | 39,328 | 77,385 | 60,336 |
| Median Individual Income | 31,106 | 41,700 | 33,646 |
| Median Income (Full-Time) | 41,931 | 60,923 | 46,881 |
| Median Age | 39.4 | 39.5 | 38.1 |
| Labor Participation | 59.6% | 67.8% | 62.8% |
| Attained College Degree | 14.6% | 43.4% | 32.0% |
Population Density Analysis
Fall River, MA
2,695
Residents per Sq. Mile
The population density of Fall River is comparable to that of a Small City.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +