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Fall River Massachusetts Real Estate By Jennifer Hershey

Fall River Massachusetts Real Estate

Fall River, Massachusetts, is located in Bristol County, of , and 44 miles S of Boston, Massachusetts. Fall River has a population of 91,938.

Fall River Homes

Fall River properties pool is 38,759 residential properties including Fall River new homes. Median age of real estate in Fall River is 1939. Average Household size is 3 people. 4% are one bedroom homes, 29% are 2 bedroom homes, 51% are 3 bedroom homes, 11% are 4 bedroom homes, and 5% are 5+ bedroom homes.

Fall River Mortgage Statistics

Fall River mortgages vs. USA median statistics

Homes Fall River USA
Homes With No Mortgage 34%
30%
Homes With Mortgage 66%
70%
First Mortgage Only 53%
54%
First & Second Mortgage or HELOC 13%
16%

Fall River Area Real Estate Tax

Fall River Real estate Tax: Median Real Estate Taxes (2000) were $1,278 comparing to 1999 Median Family income $ 37,671. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Fall River School District: Children make up 24.1% of Fall River population. Fall River has 22,179 under 18 years old residents, or 0.57 kids per one worker, or 0.57 kids per one household.

Fall River Real Estate & Fall River Homeownership

There are 13178.06 or 34% one person households, 11627.7 or 30% two person households, and 6589.03 or 17% three person households in Fall River, Massachusetts. Median residents age is 35.7, Senior citizens (65+) make up 15,572 or 16.9%% of Fall River population.

There are 38,840 workers (over 16 years of age) in Fall River. Of these, 93.67% drive to work. Approximately 1.46% of workers in Fall River take public transportation. An estimated 3.08% walk to work.

Median Fall River homeowner's housing expences are 18.5%

Crime in Fall River (2003), crimes per 10,000 residents per year

Type of Crime Fall River USA, 2003
Violent Crimes
116.06
47.5
Robberies
29.37
14.2
Aggravated Assaults
77.99
29.5
Property Crimes
378.19
358.8
Burglaries
137.05
74.0
Larceny-Thefts
180.99
241.5
Motor Vehicle Thefts
60.15
43.3

Invest in Fall River Properties

When making a decision about buying real estate in Fall River Massachusetts area, you should consider following statistical data:

Category Fall River USA
Near Medium City
-
Near Large City
Boston, Massachusetts
-
Fall River Zip Codes
02720, 02721, 02723, 02724, 02725, 02726
-
Fall River Area Codes
508
-
White population
91.16%
75.1%
African-American population
2.48%
12.3%
Asian
2.16%
3.6%
American Indian & Alaskan
0.19%
0.9%
Hispanic (of any race)
3.31%
12.5%
Median Family Income (1999)
$ 37,671%
$42,000
Population Below Poverty Level
16.77%
12.4%

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