Fall River, MA — income, home value, property tax, and sales tax.
In ZIP code 02357, near Fall River, per-capita income stands at $7,420, so a home priced at the county average would carry an annual property tax bill equal to a large share of what each resident earns. The county-level effective rate of 1.06% compounds that strain: every $100,000 of assessed value adds roughly $1,060 in yearly taxes. Sales taxes take another 6.25% on purchases, trimming whatever income remains after housing costs. Together these figures point to real pressure on households trying to buy or stay in a home here.