Housing market/Massachusetts/ZIP 02725

ACS 2023 · FY2027 SAFMR

ZIP 02725 Somerset, Massachusetts

Providence-Fall River, RI-MA HUD Metro FMR Area · Massachusetts. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
2,300
Households
822
Median HH income
$127,228
Renter share
1.5%
Median gross rent
—
Vacancy
5.3%
Pop. change
-5.0%
2BR SAFMR
$1,790
SAFMR / rent
—
2–49 unit stock
15
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 02725 · MA — sent to you.

ZIP 02725 · MA

2BR SAFMR$1,790
90% floor$1,611
110% ceiling$1,969

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 02725

  • 1-unit detached68278.6%
  • 1-unit attached11313.0%
  • 2–4 units151.7%
  • 50+ units121.4%
  • Mobile465.3%
TypeUnitsShare
1-unit detached68278.6%
1-unit attached11313.0%
2 units (duplex)151.7%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units121.4%
Mobile465.3%

2–4 unit share 1.7% · 5–49 unit share 0.0% · combined 2–49 1.7%.

Units by bedrooms

Studio
0
1BR
16
2BR
238
3BR
416
4BR
103
5+
95

Rent burden

Rent ≥30% of income0.0%
Rent ≥50% of income0.0%
  • Renters paying ≥30% of income 0.0%; ≥50% 0.0%.

Population

2,300 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.0%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 670 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 02725 1.5% of occupied households are renters; vacancy is 5.3%; population changed -5.0% between the 2018 and 2023 ACS vintages; the housing stock includes 15 units in 2–4-unit structures and 0 units in 5–49-unit structures. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Massachusetts research

ZIP 02725 is a Census / HUD profile for Providence-Fall River, RI-MA, MA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Massachusetts research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 02725?

ZIP 02725 (Providence-Fall River, RI-MA HUD Metro FMR Area) has 2,300 residents, 822 households, a renter share of 1.5%, median household income of $127,228, and ACS 2023 median gross rent of —. Vacancy is 5.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 02725?

ACS counts 15 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 15 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 02725?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,790. See the full schedule and 90–110% payment-standard band on the ZIP 02725 — Somerset, MA HUD Section 8 Payment Standards / SAFMR.

Does this Massachusetts ZIP profile include Georgia listings?

No. ZIP 02725 is Census / HUD research for Providence-Fall River, RI-MA HUD Metro FMR Area. Jeff Crowe CRE does not list Massachusetts property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.