Living in Fall River, Massachusetts
Cost of living, income, home prices, rent and demographics of Fall River · Census data 2020–2024
Fall River has 94,082 residents with a median age of 39.3. The median household income is $56,673 (45% lower than the Massachusetts median), the median home value is $395,500, the median rent is $1,155/month.
Fall River at a glance
- Population
- 94,082
- Median age
- 39.3State: 40
- Median household income
- $56,673State: $103,960
- Median home value
- $395,500State: $562,100
- Median rent
- $1,155/moState: $1,762
- Homeowners
- 35.3%
- Bachelor's degree or higher
- 16.4%
- Average commute
- 26 min
Is Fall River a good place to live?
Pros: Home values 30% lower than the state median; an average commute of 26 minutes.
Cons: Median household income 45% lower than the Massachusetts median; unemployment of 6.5%; a poverty rate of 19.6%.
The weather is best in June to September.
Cost of living in Fall River
Housing is the biggest part of the cost of living. In Fall River the median home value is $395,500, 19% higher than the U.S. median. Renters pay a median of $1,155 per month, which is 31.2% of household income. Homeowners with a mortgage pay $2,123 a month in housing costs.
Fall River median household income
The median household income in Fall River is $56,673 and the income per person is $32,610. 19.6% of residents live below the poverty line (Massachusetts: 10%).
Housing in Fall River: homes for sale and rent
- Housing units
- 44,576
- Owner-occupied
- 35.3%
- Renter-occupied
- 64.7%
- Vacant
- 5.8%Includes seasonal homes
- Median year built
- 1945
- Average household size
- 2.20
Fall River demographics
- Population
- 94,082
- Median age
- 39.3
- Under 18
- 19.9%
- 65 and older
- 16.1%
- Households
- 41,991
- Foreign-born
- 23.8%
- Veterans
- 3.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Fall River ›
Education in Fall River
16.4% of adults 25 and older in Fall River have a bachelor's degree or higher (Massachusetts: 47.3%), and 5.5% have a graduate or professional degree.
Jobs and commute in Fall River
- Unemployment rate
- 6.5%State: 5.2%
- Average commute
- 26 minState: 29 min
- Work from home
- 7.1%
- Drive alone
- 70.9%
- Public transit
- 1.8%
- Walk to work
- 3.6%
- Homes with broadband
- 86.4%
Fall River vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fall River | 94,082 | $56,673 | $395,500 | $1,155 |
| North Westport | 5,289 | $87,582 | $411,300 | $1,662 |
| Somerset | 18,298 | $112,677 | $418,800 | $1,271 |
| Freetown | 9,285 | $143,884 | $518,200 | $1,891 |
| Ocean Grove | 3,453 | $118,696 | $362,200 | $1,266 |
| Swansea | 17,359 | $116,364 | $445,000 | $1,226 |
| Smith Mills | 4,612 | $64,818 | $420,400 | $658 |
| Dighton | 8,193 | $136,646 | $501,900 | $1,405 |
| Berkley | 6,829 | $144,205 | $511,200 | — |
More for people moving to Fall River
Fall River ZIP code ›Weather and climate ›Living in Fall River: FAQ
What is the median household income in Fall River, MA?
The median household income in Fall River is $56,673, 45% lower than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fall River?
The median home value in Fall River is $395,500, compared with $562,100 in Massachusetts.
How much is rent in Fall River?
The median gross rent in Fall River is $1,155 per month, about 31.2% of household income.
Is Fall River, MA a good place to live?
Pluses: home values 30% lower than the state median; an average commute of 26 minutes. Minuses: median household income 45% lower than the Massachusetts median; unemployment of 6.5%; a poverty rate of 19.6%.
What is the median age in Fall River?
The median age in Fall River is 39.3 years (Massachusetts: 40).
How long is the commute in Fall River?
The average commute to work in Fall River is 26 minutes; 7.1% of workers work from home.
What is the unemployment rate in Fall River?
The unemployment rate in Fall River is 6.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fall River?
16.4% of adults in Fall River have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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