How much is a home worth in ZIP code 02745?

The typical home in 02745 is worth $453,815, based on the Zillow Home Value Index.

Are home values rising in 02745?

Home values in 02745 are up 2.7% over the past year, and up 6.8% a year over five years.

What is the typical rent in 02745?

A typical home in 02745 rents for about $1,945 a month, a gross rental yield of 5.1%.

What is the property tax rate in 02745?

The effective property tax rate in 02745 is 1.2% — roughly $5,472 a year on a typical home.

ZIP code 02745 has a population of 24,519 and a median household income of $74,034.

HousingHandbookReference data

…

U.S. ZIP Code · MA02745

Bristol County · Providence-Warwick, RI-MA

Typical home value

$453,815^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.7%
5-year / yr: +6.8%
10-year / yr: +7.8%

Relative price

vs U.S.: +59.8%
vs metro: -12.6%
vs state: -25.8%

Price history

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

The typical home in 02745 is worth $453,815 — 12.6% below the Providence-Warwick, RI-MA median. Over the past year, values have risen 2.7%. Homes here rent for a typical $1,945 a month — a 5.1% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent: $1,945^[2]
Gross yield: 5.1%^[2]
Cap rate: 3.1%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $5,472^[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: 24,519^[3]
Median household income: $74,034^[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: 7
Elementary: 5
Middle: 1
High: 1

Gr New Bedford Vocational Technical
High · Grades 9–12 · Greater New Bedford Regional Vocational Technical
2,147 students
Normandin Middle School
Middle · Grades 6–8 · New Bedford
1,038 students
Abraham Lincoln
Elementary · Grades K–5 · New Bedford
672 students
Casimir Pulaski
Elementary · Grades PK–5 · New Bedford
560 students
Elwyn G Campbell
Elementary · Grades PK–5 · New Bedford
278 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 yield5.1%

Net yield (after ~40% expenses)3.1%

Annual rent$23,334

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$2,295

Loan principal$363,052

Down payment$90,763

Total interest paid$463,053

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 ratio1.61

Monthly cost to own$3,131

Monthly rent$1,945

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: 54th percentile^[1]
Rental yield: 48th percentile^[2]
Property tax: 74th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 02745?: The typical home in 02745 is worth $453,815, based on the Zillow Home Value Index.
Are home values rising in 02745?: Home values in 02745 are up 2.7% over the past year, and up 6.8% a year over five years.
What is the typical rent in 02745?: A typical home in 02745 rents for about $1,945 a month, a gross rental yield of 5.1%.
What is the property tax rate in 02745?: The effective property tax rate in 02745 is 1.2% — roughly $5,472 a year on a typical home.
Who lives in 02745?: ZIP code 02745 has a population of 24,519 and a median household income of $74,034.

#Comparable ZIPs

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

02858 vs 02745 →
RI
Typical home
$455,681
Gross yield
—
02816 vs 02745 →
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%
02804
Ashaway CDP, RI
Typical home
$458,089
Gross yield
—
02720
Fall River, MA
Typical home
$458,105
Gross yield
4.8%

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#Jump to section

U.S. ZIP Code · MA02745

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