02743 Zip Code

April 18, 2024

Zip Code:	02743
City/Town:	New Bedford
State:	Massachusetts

Population:	10,307
Per Capita Income:	$26,271
Mean Household Income:	$72,883

Total Housing Units:	3,937
Median Home Value:	$139,400
Median Year Homes Built:	1964

Land Area:	18.4 sq miles 47.7 sq kilometers
Water Area:	0.5 sq miles 1.4 sq kilometers

Population Information (02743 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

10,307

Male:

5,063

49.1%

49.2%

Female:

5,244

50.9%

50.8%

Median Age:

43.6 yrs

37.2 yrs

Under 5 years:

465

4.5%

6.5%

5 to 9 years:

528

6.8%

6.6%

10 to 19 years:

1,374

13.3%

13.8%

20 to 29 years:

1,050

10.2%

13.8%

30 to 39 years:

1,187

11.5%

13.0%

40 to 49 years:

1,711

16.6%

14.2%

50 to 59 years:

1,659

16.1%

13.6%

60 to 69 years:

1,198

11.6%

9.4%

70 to 79 years:

629

6.1%

5.4%

80 years and over:

506

4.9%

3.7%

Housing Information (02743 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$139,400

$119,600

Median year homes build:

1964

1971

Median real estate taxes:

$1,645 / yr.

$1,334 / yr.

Median rent:

$443 / mo.

$519 / mo.

Total households:

3,937

Family households:

2,851

72.4%

66.4%

Nonfamily households:

1,086

27.6%

33.6%

Households with individuals under 18 years:

1,214

30.8%

33.4%

Households with individuals 65 years and over:

1,195

30.4%

24.9%

Average household size:

2.6

Average family size:

3.1

Total housing units:

4,121

Occupied housing units:

3,937

95.5%

88.6%

Vacant housing units:

184

4.5%

11.4%

For rent:

0.7%

3.1%

Rented, not occupied:

0.2%

For sale only:

0.9%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.5%

3.5%

All other vacants:

1.9%

2.8%

Homeowner vacancy rate:

1.1%

2.4%

Rental vacancy rate:

4.6%

9.2%

Owner-occupied housing units:

3,327

Population in owner-occupied housing units:

9,135

Average household size of owner-occupied units:

2.8

2.65

Renter-occupied housing units:

610

Population in renter-occupied housing units:

1,162

Average household size of renter-occupied units:

1.9

2.44

Educational Attainment (02743 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

7,035

Less than 9th grade:

898

12.8%

6.2%

9th to 12th grade, no diploma:

1,034

14.7%

8.7%

High school graduate (includes equivalency):

2,644

37.6%

29.0%

Some college, no degree:

1,084

15.4%

20.6%

Associate degree:

458

6.5%

7.5%

Bachelor's degree:

725

10.3%

17.6%

Graduate or professional degree:

192

2.7%

10.3%

Percent high school graduate or higher:

72.5%

85.0%

Percent bachelor's degree or higher:

13.0%

27.9%

Income Information (02743 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

3,805

36.9%

50.4%

Median income:

$31,035 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,150

20.9%

59.7%

Median income:

$40,344 / yr.

$38,349 / yr.

Females 15 years and over with income:

3,810

37.0%

49.6%

Median income:

$16,131 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,422

13.8%

40.3%

Median income:

$29,306 / yr.

$28,135 / yr.

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