Fall River, Massachusetts

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
93,638
Population
$52,734
Median Income
$328,100
Home Value
39.2
Median Age

Demographics

Fall River has a population of 93,638 with a median age of 39.2. Here is the racial and ethnic breakdown of the population:

White
74.1%
Hispanic
12.3%
Black
6.4%
Other
4.5%
Asian
2.7%
Demographic Value
Total Population93,638
Median Age39.2
White74.1%
Black or African American6.4%
Asian2.7%
Hispanic or Latino12.3%
Other / Two or More Races4.5%

Income & Economy

The median household income in Fall River is $52,734, which is 29.8% below the national median of $75,149. The per capita income is $30,591. The poverty rate is 19.7%.

$52,734
Median Household Income
$30,591
Per Capita Income
19.7%
Poverty Rate

Employment

The unemployment rate in Fall River is 8.4%, compared to the national rate of 5.4%.

Education

In Fall River, 75.7% of residents age 25+ have a high school diploma or higher, and 15.8% hold a bachelor's degree or higher (4.9% with a graduate or professional degree).

HS Diploma+
75.7%
Bachelor's+
15.8%
Graduate+
4.9%
Education Level % of Adults (25+)
High School Diploma or Higher75.7%
Bachelor's Degree or Higher15.8%
Graduate or Professional Degree4.9%

Housing

The median home value in Fall River is $328,100, above the national median of $281,900. The median monthly rent is $1,020. The homeownership rate is 35.9%.

$328,100
Median Home Value
$1,020/mo
Median Rent
35.9%
Homeownership Rate
Housing Metric Value
Median Home Value$328,100
Median Monthly Rent$1,020
Homeownership Rate35.9%
Vacancy Rate6.5%

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Frequently Asked Questions

What is the population of Fall River, Massachusetts?
The population of Fall River, Massachusetts is 93,638 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Fall River, Massachusetts?
The median household income in Fall River, Massachusetts is $52,734. This is 29.8% below the national median of $75,149.
What is the median home value in Fall River, Massachusetts?
The median home value in Fall River, Massachusetts is $328,100. The median monthly rent is $1,020.
What percentage of people in Fall River have a college degree?
In Fall River, Massachusetts, 15.8% of adults age 25 and older hold a bachelor's degree or higher, and 75.7% have a high school diploma or higher.
Is Fall River, Massachusetts an affordable place to live?
The home price-to-income ratio in Fall River, Massachusetts is 6.2x (median home value $328,100 vs. median income $52,734), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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