Fall River city, MA

ZIP 02721 — 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 (02721)

Median Income

$50,666

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,223

Wealth inflow

Population

25,922

Unemployment

8.3%

4.6pp above US avg

IRS migration statistics show a net inflow of about 1,223 for ZIP 02721 (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.

Economic Indicators

Unemployment

8.3%+124% vs US avg

Self-Employed

2.5%-59% vs US avg

SNAP Benefits

34.5%+195% vs US avg

614

Establishments

8,992

Employees

~15 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining1.0%
Construction11.1%
Manufacturing8.9%
Wholesale trade3.5%
Retail trade12.8%
Transportation, utilities5.7%
Information0.4%
Finance, insurance, real estate6.0%
Professional, scientific, management9.8%
Education, health care, social21.7%
Arts, entertainment, food services9.3%
Other services6.6%
Public administration3.1%

Household Income

Historical Trends in 02721 (2020–Present)

Since 2020, population grew 0.4%, median income rose 0.1% (inflation-adjusted), home values increased 18.8%.

Median Income

$50,666

-33% vs US avg

Unemployment Rate