02740 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 02740 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMassachusetts
CityNew Bedford
Time ZoneAmerica/New_York
Geo Location41.63787, -70.93814
Population45990
Size14.726 square miles
Median Family Income$62762.00
Median Home Value$250300.00

Population & Demographics

The following information lists the population statistics and breakdown for the 02740 zip code. The total population is 45990, of which, 22560 are male and 23430 are female. With a total area of 14.726 square miles, the population density is 2950.9 people per square mile. The median age of the population is 37.1 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201143505
201243863
201343308
201443513
201543797
201643531
201743686
201843604
201943454
202043444
202145990

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 27466%
Age 5-927446%
Age 10-1431056.8%
Age 15-1927105.9%
Age 20-2437148.1
Age 25-2935097.6%
Age 30-3429556.4%
Age 35-3928416.2%
Age 40-443165 6.9%
Age 45-4927946.1%
Age 50-5426025.7%
Age 55-5927826%
Age 60-6429596.4%
Age 65-6923275.1%
Age 70-7419144.2%
Age 75-798101.8%
Age 80-8410432.3%
Age 85 and over12702.8%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 33.5 %
  • Speaks Spanish: 13.7 %
  • Speaks Other Indo-European Language: 18 %
  • Speaks Pacific Island Languages: 1.2 %
  • Speak Other Languages: 0.6 %
Marital Status: 
  • Currently Married: 34 %
  • Divorced: 12.8 %
  • Separated (not divorced): 3.9 %
  • Never Married: 42.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 02740 zip code is $62762. This is -24.92% less than the national average. This income places 18.5% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $23105. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.00736
$10,000.00 – $14,999.00399
$15,000.00 – $24,999.00858
$25,000.00 – $34,999.001153
$35,000.00 – $49,999.001563
$50,000.00 – $74,999.001781
$75,000.00 – $99,999.001585
$100,000.00 – $149,999.001832
$150,000.00 – $199,999,00634
$200,000.00 +485

YearMedian Family Income ($ USD)
201142893
201244419
201340508
201445170
201545911
201648481
201750551
201854123
201958381
202063894
202162762

Income Source# of Households
Wage or Salary13643
Self Employment1106
Social Security6453
Dividends, Interest, or Rental2668
Retirement3108
Other2261

Total Insured & Uninsured Individuals: 
  • Families Insure: 43027
  • Families Uninsured: 2107
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 3108
  • No retirement income: 16193

Education

In the 02740 zip code, 77.7% of individuals over 25 years old have a high school degree or higher, and 19.3% have a bachelors degree or higher. Additionally, 11.8% of individuals 3 years and older are in private school, and 88.2% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 02740 zip, there are an estimated 23040 people in the labor force, of which, 21309 are employed, and 1704 are unemployed. There are a total of 27 people in the armed forces. The average commute time for this zip code is 25.1 minutes. Of the total people that work, 783 worked from home and 20903 commuted. The average number of hours worked is 36.6. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts5961
Services5302
Sales and Office4320
Construction and Maintenance:2229
Transportation and Material Moving3497





Housing

The median home value for the 02740 zip code is 250300. There is an estimated  19301 number of occupied housing units, the median gross rent in is $930 per month, and the average monthly housing costs are estimated to be $1017. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000174
$50,000 – $99,000103
$100,000 – $149,999411
$150,000 – $199,9991290
$200,000 – $299,9993486
$300,000 – $499,9991580
$500,000 – $999,999264
$1,000,000+52

Home Year BuiltNumber of Homes
2020 or Later15
2010 – 2019259
2000 – 2009412
1980 – 19991511
1960 – 19792828
1940 – 19593347
1939 or earlier10929

The median number of rooms in all housing units is 5.2 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5002289
$500 – $9994518
$1,000 – $1,4993794
$1,500 – $1,999918
$2,000 – $2,499128
$2,499 – $2,99922
$3,000 + 12

Monthly Housing Costs ($)Number of Households
Less than 3001120
300-4991526
500-7993569
800-9993083
1000-14995375
1500-19992624
2000-24991225
2500-2999339
3000+180

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1929
20%-24.9%783
25%-29.9%521
30%-34.9%542
35+%1126



# of VehiclesHouseholds
None3985
18054
25282
3+1980
Home Heating Characteristics: 
  • Utility Gas: 77.4 %
  • Bottle Tank or LP Gas: 1.7 %
  • Electricity: 9.6 %
  • Oil or Kerosene etc: 10 %
  • Coal or Coke: 0 %
  • All Other: 0.7 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.