Last updated: 2024 BLS data · Page refreshed:
Fall River has a population of 94,082 with a median age of 39.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 94,082 |
| Median Age | 39.3 |
| White | 69.9% |
| Black or African American | 6.4% |
| Asian | 2.7% |
| Hispanic or Latino | 13.5% |
| Other / Two or More Races | 7.5% |
The median household income in Fall River is $56,673, which is 29.7% below the national median of $80,610. The per capita income is $32,610. The poverty rate is 19.6%.
The unemployment rate in Fall River is 5.6%, compared to the national rate of 4.1%.
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In Fall River, 76.5% of residents age 25+ have a high school diploma or higher, and 16.4% hold a bachelor's degree or higher (5.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 76.5% |
| Bachelor's Degree or Higher | 16.4% |
| Graduate or Professional Degree | 5.5% |
The median home value in Fall River is $395,500, above the national median of $303,400. The median monthly rent is $1,155. The homeownership rate is 35.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $395,500 |
| Median Monthly Rent | $1,155 |
| Homeownership Rate | 35.3% |
| Vacancy Rate | 5.8% |
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