How much is a home worth in ZIP code 02720?

The typical home in 02720 is worth $458,105, based on the Zillow Home Value Index.

Are home values rising in 02720?

Home values in 02720 are up 1.6% over the past year, and up 6.5% a year over five years.

What is the typical rent in 02720?

A typical home in 02720 rents for about $1,838 a month, a gross rental yield of 4.8%.

What is the property tax rate in 02720?

The effective property tax rate in 02720 is 1.0% — roughly $4,439 a year on a typical home.

ZIP code 02720 has a population of 30,940 and a median household income of $62,196.

HousingHandbookReference data

…

U.S. ZIP Code · MA02720

Bristol County · Providence-Warwick, RI-MA

Typical home value

$458,105^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.6%
5-year / yr: +6.5%
10-year / yr: +7.5%

Relative price

vs U.S.: +61.3%
vs metro: -11.8%
vs state: -25.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 02720 is worth $458,105 — 11.8% below the Providence-Warwick, RI-MA median. Over the past year, values have risen 1.6%. Homes here rent for a typical $1,838 a month — a 4.8% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,838^[2]
Gross yield: 4.8%^[2]
Cap rate: 2.9%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.0%^[3]
Typical annual tax: $4,439^[3]

#Climate risk

FEMA National Risk Index ratings for Bristol County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Moderate
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively Low
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 30,940^[3]
Median household income: $62,196^[3]

#Migration

Household moves in and out of Bristol County over a year, from IRS tax-return data.

Net migration: +140^[5]
Moved in: 11,079
Moved out: 10,939

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 4
Middle: 1
High: 2

B M C Durfee High
High · Grades 9–12 · Fall River
2,435 students
Morton Middle
Middle · Grades 6–8 · Fall River
714 students
North End Elementary
Elementary · Grades PK–5 · Fall River
654 students
Mary Fonseca Elementary School
Elementary · Grades PK–5 · Fall River
632 students
Spencer Borden
Elementary · Grades PK–5 · Fall River
578 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.8%

Net yield (after ~40% expenses)2.9%

Annual rent$22,055

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,316

Loan principal$366,484

Down payment$91,621

Total interest paid$467,430

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.67

Monthly cost to own$3,068

Monthly rent$1,838

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 41st percentile^[1]
Rental yield: 33rd percentile^[2]
Property tax: 21st percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

10th for fastest-growing in MAView list →

Frequently asked

How much is a home worth in ZIP code 02720?: The typical home in 02720 is worth $458,105, based on the Zillow Home Value Index.
Are home values rising in 02720?: Home values in 02720 are up 1.6% over the past year, and up 6.5% a year over five years.
What is the typical rent in 02720?: A typical home in 02720 rents for about $1,838 a month, a gross rental yield of 4.8%.
What is the property tax rate in 02720?: The effective property tax rate in 02720 is 1.0% — roughly $4,439 a year on a typical home.
Who lives in 02720?: ZIP code 02720 has a population of 30,940 and a median household income of $62,196.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

02804 vs 02720 →
Ashaway CDP, RI
Typical home
$458,089
Gross yield
—
02858 vs 02720 →
RI
Typical home
$455,681
Gross yield
—
02745
New Bedford, MA
Typical home
$453,815
Gross yield
5.1%
02816
RI
Typical home
$451,291
Gross yield
—
02919
Providence, RI
Typical home
$450,240
Gross yield
5.0%
02920
Cranston, RI
Typical home
$449,649
Gross yield
5.7%

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#Jump to section

U.S. ZIP Code · MA02720

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