Carmelo Calderon is the founder, President and CEO of Statewide Real Estate Associates, Inc., a graduate of Lee Institute of Real Estate, and is Licensed by The Commonwealth of Massachusetts as a Professional Real Estate Broker since 1972. Additionally, he has a Master of Management (MM) degree from Cambridge University, and proudly holds the professional designations of GRI, ABR, CBR from the National Realtors Association, as well as the title of Chaplain from the American Integrated Chaplaincy Corps. Carmelo Calderon is also a Past President of both the Greater Boston Hispanic Lions Club and the Boston Host Lions Club… which speak loudly about his passion for service.
About Fall River, Massachusetts 02720
Fall River is a city in Bristol County, Massachusetts, with the postal code 02720. It is located in the state’s southeastern region, near the eastern bank of the Taunton River. The city is about 53 miles south of Boston, 17 miles southeast of Providence, Rhode Island, and 20 miles south of Taunton, Massachusetts. Fall River was initially called Saconet when it was founded in 1656. The city was established in 1803 and is one of the oldest in Massachusetts. It was previously an important textile industry centre in the nineteenth and early twentieth centuries. Today, zip code 02720 is home to various industries such as health care, education, and manufacturing. The city is also recognized for its historic architecture, which includes the Lizzie Borden Mansion, the location of a famous double murder in 1892. The climate in zip code 02720 is humid continental, with hot, humid summers and chilly, damp winters.
Real Estate Market of Fall River, Massachusetts 02720
The real estate market in zip code 02720 is a seller’s market, with housing demand outweighing available supply. The median home value exceeds the national average. The average price per square foot in zip code 02720 is roughly $176, lower than in surrounding cities such as Boston and Providence. Houses in the area typically spend 45 days on the market before being sold, indicating a relatively quick turnaround time for sellers. Nevertheless, there has been an increase in new buildings in zip code 02720, which has relieved some of the housing demand.
The Population of Fall River, Massachusetts 02720
According to the most recent Census data, zip code 02720 has a varied population of around 47,000 people. Most of the population is white, with Hispanic or Latino, African American, and Asian people following. The city has a sizable Portuguese community, with many citizens descended from the Azores and Madeira islands. The median age of zip code 02720 residents is 40.9 years, slightly older than the national median of 38.5 years. The city has a low median household income and an 18.4% poverty rate.
Employment Level of Fall River, Massachusetts 02720
The economy of zip code 02720 is diverse, with sectors like manufacturing, healthcare, education, and retail. The rate of unemployment is slightly greater than the national average. Several significant companies, including Amazon, Saint Anne’s Hospital, and Bristol Community College, are located in the city and offer a variety of work possibilities in industries including healthcare, logistics, and education. Zip code 02720 also boasts a robust manufacturing sector, with companies like Merrow Manufacturing, Milliken & Company, and Gold Medal Bakery offering opportunities in textiles, food production, and other industries.
Schools in Fall River, Massachusetts 02720
The Fall River Public Schools district, which operates many elementary, middle, and high schools in the area, serves zip code 02720. Alfred S. Letourneau Elementary, Carlton M. Viveiros Elementary, Frank M. Silvia Elementary, and James Tansey Elementary are among the elementary schools in the region. Students in kindergarten through fifth grade attend these schools. Kuss Middle School and Matthew J. Kuss Middle School serve students in grades six through eight in zip code 02720. These schools include a variety of academic offerings, including honours and AP classes. B.M.C. Durfee High School serves students in grades nine through twelve and is the district’s largest high school.
Neighbourhoods Near Fall River, Massachusetts 02720
Around zip code 02720, several neighbourhoods provide various housing options and facilities. Somerset, located north of zip code 02720, is noted for its peaceful residential areas and lovely waterfront views. Westport is located to the south and is noted for its rustic charm and gorgeous surroundings. Swansea, located east of zip code 02720, is known for its peaceful suburban homes and proximity to the shore. Single-family homes, townhouses, and condos are among the housing options available. Swansea has many parks and recreational spaces, such as the Dam and Recreation Area.