Neighborhood Profile

Merchants

Fall River, MA | Bristol County
Scored premium profile
Best Neighborhoods USA Index
26.6
National rank: #14,004 of 14,967
Stability and Strength
19.4
Score
Value Opportunity
17.0
Score
Momentum
51.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFall River, MA
CountyBristol County
National rank#14,004 of 14,967
State rank#253 of 259
City rank#13 of 13
County rank#16 of 16
National percentile6.4
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$507,129
Year-over-year home value change1.9%
Month-over-month home value change-0.22%
Home value to income ratio14.17
Median household income$35,787
Bachelor's degree or higher9.8%
Civilian unemployment rate5.6%
Homeownership rate18.0%
Housing vacancy rate8.2%
Rent burden 30% or higher63.8%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Merchants

What is the Best Neighborhoods USA ranking for Merchants?

Merchants is ranked #13 of 13 eligible neighborhoods in Fall River; #253 of 259 eligible neighborhoods in MA; and #14,004 of 14,967 eligible neighborhoods in the United States.

Is Merchants one of the best neighborhoods in Fall River?

Merchants has a Best Neighborhoods USA Index of 26.6 and a city ranking of #13 of 13 eligible neighborhoods in Fall River.

How much are homes worth in Merchants?

The current Zillow Home Value Index for Merchants is approximately $507,129.

Are home values rising or falling in Merchants?

Zillow neighborhood values changed 1.9% year over year and -0.22% month over month.

What is the Neighborhood Momentum Score for Merchants?

Merchants has a Neighborhood Momentum Score of 51.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Merchants?

The NDS-derived neighborhood median household income is approximately $35,787.

How affordable is Merchants relative to household income?

The current Zillow home-value-to-household-income ratio is 14.17. Price-to-income affordability is a major Value Opportunity input.

Is Merchants primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 18.0%.

What is the unemployment rate in Merchants?

The NDS-derived civilian unemployment rate is approximately 5.6%.

How educated are residents of Merchants?

Approximately 9.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Merchants face high rent burden?

Approximately 63.8% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Merchants?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications62
Estimated originations42
Home-purchase applications39
Origination rate66.5%
Home-purchase share62.2%
Average application loan$393,387
Total application loan amount$24,570,194
National application rank#6,320 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 22.5% YoY; originations 37.4% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.