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Fall River, Massachusetts Mortgage and Housing Information

Population: 91,938
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Value of Houses and Condos

A comparison of the average prices of homes in Fall River, Massachusetts and the U.S.
U.S.MassachusettsFall River
Median home value
in year 2006
$185,200$370,400$281,800

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2006
U.S.MassachusettsFall River
With a mortgage$1,402$1,925$1,420
Without a mortgage$399$616$462

Ownership of Houses and Condos

Types of mortgages for owner-occupied Houses and Condos in Fall River (2006)
Mortgage TypeNumber of Houses and CondosPercent of total
Without a mortgage5,33137.7%
First Mortgage Only6,83748.3%
Second Mortgage and/or Home Equity Loan1,98814.0%
Total14,156100%

Tenancy in Fall River

How many people in Fall River live in their own home? How many rent their home? Data for houses and condos, from 2006.
Owner-occupied homes14,156
Renter-occupied homes23,938
Homes for sale0
Homes for rent0
Total38,094

Age of Fall River Residents

Median age for males and females (2000).
Males 33
Females 37

Income

Median earnings for the 12 months preceding 2006, residents over 16 years with earnings
U.S.MassachusettsFall River
Median Earnings$27,239$32,711$23,303
Median Earnings, Males$32,396$40,907$30,301
Median Earnings, Females$22,097$26,662$18,061

Males earn $12,240 (67.8%) more than Females in Fall River.

Commuting in Fall River

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo30,645
Carpooled5,738
Public Transit567
Bicycle68
Walking1,195
Other Means253
Total, Commuted38,466
Worked from home374
Total38,840

Time Spent Commuting in Fall River

Time spent commuting in Fall River
Time spent in minutesNumber of People
Less than 51,157
5-95,735
10-148,442
15-197,008
20-244,642
25-291,545
30-343,770
35-39698
40-44846
45-591,960
60-891,732
Over 90931

Education

Level of higher education for people over 25 years in Fall River (2006).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College3,84314.0%6,30022.9%
Associate Degree1,3624.9%2,1207.7%
Bachelor's Degree2,85810.4%3,83313.9%
Master's Degree6922.5%1,1854.3%
Professional Degree1910.7%3091.1%
Doctorate Degree560.2%00.0%
Total (at least some college)9,00232.7%13,74740.1%
Total over 2527,548100%34,264100%

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