02724 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
02724
02723
Opportunity
25 · Bottom 5%
vs23 · Bottom 4%
Growth
42 · Bottom 37%
vs42 · Bottom 37%
Climate
64 · Bottom 31%
vs64 · Bottom 31%
Physical resilience
89 · Top 12%
vs89 · Top 12%
Housing affordability
49 · Bottom 12%
vs40 · Bottom 6%
Schools
38 · Bottom 33%
vs21 · Bottom 11%
Access
97 · Top 25%
vs96 · Top 37%
Economic stability
42 · Bottom 21%
vs41 · Bottom 20%
Measured values
| Metric | 02724 | 02723 | Source period |
|---|---|---|---|
| Population | 18,505 | 17,067 | 2024 ACS 5-Year |
| Median household income | $55,590 | $47,633 | 2024 ACS 5-Year |
| Per capita income | $30,484 | $30,327 | 2024 ACS 5-Year |
| Population density | 10,275/sq mi | 10,700/sq mi | 2024 ACS 5-Year |
| Median home value | $402,800 | $357,800 | 2024 ACS 5-Year |
| Median gross rent | $1,145 | $1,118 | 2024 ACS 5-Year |
| Homeownership rate | 33.4% | 31.8% | 2024 ACS 5-Year |
| Unemployment rate | 5.5% | 5.5% | June 2026 |
| Employment change (year over year) | -2.1% | -2.1% | June 2026 |
| Bachelor's degree or higher | 13.6% | 13.4% | 2024 ACS 5-Year |
| Poverty rate | 20.1% | 22.4% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 60 | 60 | 12 months ending July 2026 |
| Permits per 1,000 residents | 0.6 | 0.6 | 12 months ending July 2026 |
| Permit change (year over year) | 1.7% | 1.7% | 12 months ending July 2026 |
| Average July high | 83°F | 83°F | 1991-2020 Normals |
| Average January low | 21°F | 21°F | 1991-2020 Normals |
| Annual precipitation | 45.9" | 45.9" | 1991-2020 Normals |
| Distance to major airport | 13 mi | 15 mi | NASR current cycle |
| Average commute | 27.2 min | 27.7 min | 2024 ACS 5-Year |
| Median age | 37.9 | 37.4 | 2024 ACS 5-Year |
| Public schools | 6 | 4 | 2024-25 school year |
| Students per teacher | 11.91 | 11.09 | 2024-25 school year |
| Math proficiency | 18.7% | 7.2% | 2019-20 school year |
| Reading proficiency | 27.8% | 18.0% | 2019-20 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
02724
Elevated or high exposure: hurricane.
02723
Elevated or high exposure: hurricane.
Full profiles: 02724 — Fall River, MA · 02723 — Fall River, MA · How this is calculated: methodology