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Fall River city, MA
ZIP 02724 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Fall River city, MA (02724)
Median Income
$49,809
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+885
Wealth inflow
Population
18,758
Unemployment
6.7%
3.0pp above US avg
IRS migration statistics show a net inflow of about 885 for ZIP 02724 (Fall River city, MA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 02724 (2020–Present)
Since 2020, population grew 7.2%, median income rose 3.5% (inflation-adjusted), home values increased 19.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $49,809 |
| Unemployment | 6.7% |
| Establishments | 228 |
| Employees | 2,889 |