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Bank Street, Fall River,MA

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If you’re considering a move to the southeastern part of Fall River, MA, the Bank Street neighborhood offers a charming blend of historic character and modern conveniences. This area has a cozy, welcoming vibe that appeals to families, young professionals, and retirees alike. One of the standout features of Bank Street is its close proximity to the scenic waterfront, where residents can enjoy peaceful views of the Taunton River and explore nearby parks like Kennedy Park. The neighborhood also boasts a variety of local shops, cafes, and eateries that give it a unique, community-focused feel. Whether you’re grabbing a coffee at a local café or taking a weekend stroll along the riverfront, Bank Street provides a relaxed yet vibrant atmosphere that's hard to beat.

For those who work or enjoy spending time in Downtown Fall River, Bank Street is conveniently close, making commuting a breeze. It’s just a short drive or bus ride away, so residents can easily take advantage of the cultural attractions, restaurants, and shopping options downtown without the hassle of a long commute. The neighborhood’s accessibility means you can enjoy the quieter, more residential setting of Bank Street while still being connected to the bustling heart of the city. This balance is one of the reasons many people find this part of Fall River particularly appealing when relocating.

One cannot talk about Bank Street without mentioning the strong sense of community that thrives here. The neighborhood hosts local events and gatherings that bring neighbors together, fostering connections and a true sense of belonging. Additionally, educational institutions and recreational facilities in the area make it a practical choice for families with children. With its charming homes, scenic spots, and easy access to city amenities, Bank Street in southeastern Fall River is a wonderful neighborhood to consider if you’re looking for a place that’s both lively and comfortable to call home.

Community Snapshot

Population 1,820
Density (People/sqml.) 6,518
Median Age 43.0
Married Couples
41%
41% of the population of Bank Street aged 16 years and older are married.
Have Kids
15%
15% of the population aged 16 years or older have children.

15% of the Bank Street population aged 16 and up are married, which is in line with national averages. This balance suggests a neighborhood with a healthy mix of families, couples, and single residents, creating a well-rounded community dynamic. You are likely to find a blend of stability and social variety, appealing to both long-term homeowners and younger professionals alike.

With only 15% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Age Breakdown

Bank Street neighborhood age breakdown chart

Bank Street demographics offer valuable insights into the character and lifestyle of the neighborhood, helping you understand who lives there and what daily life might feel like. Home to only about 1,820 residents, Bank Street is notably smaller than many other Fall River neighborhoods, creating a more peaceful and community-oriented atmosphere. Its lower population can translate to quieter streets, a more relaxed pace of life, and easier access to local amenities — all without sacrificing the vibrant urban lifestyle the city is known for.

Boasting a population density of 6,518, Bank Street is more densely populated than many other Fall River neighborhoods, creating a vibrant and energetic atmosphere. The higher concentration of residents contributes to a lively street scene, a strong sense of community, and convenient access to shops, restaurants, and urban amenities just steps from home.

With an average age of 43, you're likely to find a well-balanced community where multiple generations live side by side. This mix of age groups contributes to a neighborhood atmosphere that’s both active and welcoming, offering a blend of fresh perspectives and long-standing community values.

Crime in Bank Street

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Total Crime Incidents
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Types of Crime

Bank Street neighborhood age breakdown chart

Bank Street Crime Map

The Bank Street crime map offers a clear, data-driven look at how crime is distributed throughout the neighborhood, using block group data to highlight both safer areas and potential hot spots. The color-coded map makes it easy to see where crime is more concentrated and where it occurs less frequently, helping residents and prospective buyers better understand local safety patterns. It’s important to note that darker or red zones on the map don’t necessarily mean those areas are unsafe — locations near busy transit hubs, shopping districts, or popular attractions often show higher activity simply due to larger crowds and increased foot traffic.

Housing

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Home Price $296,300
Median Rent $987
People/Household 1.9

Home Price Breakdown

Bank Street neighborhood home price breakdown chart

Rent vs Own

Rent 68% Own 32%

Year Moved In

Before 2010 61% After 2010 39%

Types of Homes in the Area

Market Trends

Year-over-Year YoY data

 

Housing prices can reveal a lot about the balance and overall appeal of a neighborhood. In Bank Street, the median home price is about $296,300, which is on par with many comparable areas. This average pricing reflects a stable, affordable housing market and makes the neighborhood an appealing choice for a wide range of buyers seeking both value and long-term potential. Examining how home prices and appreciation rates in Bank Street have shifted over time can reveal important clues about the neighborhood’s future value. These trends help potential buyers and investors understand market momentum and determine whether the area is likely to deliver strong returns over the long term.

The median rent is around $987, which is on par with many comparable neighborhoods. This balanced pricing offers a mix of affordability and value, making it a practical choice for a wide range of renters.

Walkability & Lifestyle

Coffee Shops

Starbucks
Coffee Shop
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Entertainment

Children’s Museum of Greater Fall River
Museum
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Old Colony & Fall River Railroad Museum
Attraction
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Food & Drink

Wendy's
Fast Food
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Dunkin' Donuts
Fast Food
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Groceries

Stop & Shop
Grocery Store
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Chaves Market
Grocery Store
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Parks

Ruggles Park
Park
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Jose Silva Playground
Park
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Shops

Speedway
Convenience Store
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Low Price Convenience
Convenience Store
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Getting Around

Transit Stops

Bus Stop
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Transit Stations

 
 
 
 
 
 
 
 
 
 
 
 

Health & Safety

Medical Facilities

Corrigan Mental Health Center
Hospital
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Charlton Memorial Hospital
Hospital
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Health Care

Aspen Dental
Dentist
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Safety

Fall River Fire Department
Fire Station
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Fall River City Police Dept
Police
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Top Neighborhood Schools

Name Category Grades Rating
Fall River Deaconess Home School
259 Prospect St, Fall River, MA
High School 6 - 12 School Score
Resiliency Preparatory School
290 Rock Street, Fall River, MA
Elementary School M - M School Score
Argosy Collegiate Charter School
263 Hamlet Street, Fall River, MA
High School 6 - 9 School Score
Resiliency Middle School
290 Rock Street, Fall River, MA
Elementary School M - M School Score
Fall River Gateway To College @ Bcc
360 Elsbree Street, Fall River, MA
High School 12 - 12 School Score
John J Doran
101 Fountain Street, Fall River, MA
Elementary School PK - 8 School Score
Holy Name School
850 Pearce St, Fall River, MA
Elementary School PK - 8 School Score

Education Level Achieved

Education is a key factor in understanding the character and opportunities within a community like Bank Street. School ratings here reflect important indicators such as academic performance, graduation outcomes, and standardized testing, while NAEP (National Assessment of Educational Progress) scores offer a valuable national comparison to gauge how local schools measure up. Looking at the overall education level of residents in Bank Street can also provide meaningful insight into the neighborhood’s focus on learning and long-term growth, helping families choose a community that aligns with their educational goals.

Economy

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Income Per Capita $34,502
Household Income $58,773
Unemployment 3.9%

Income Breakdown

Bank Street Income breakdown chart

Employment by Industry

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Local economic factors play a key role in shaping the character and accessibility of a neighborhood, influencing everything from lifestyle to opportunity. Household incomes in Bank Street average around $58,773, which is lower than average. This affordability contributes to a more accessible lifestyle, making it an appealing choice for first-time homeowners, young families, and those looking to enjoy the benefits of the area without a high price tag.

The employment landscape offers valuable insight into the stability and economic health of a neighborhood. In Bank Street, the unemployment rate sits at around 4%, which is about average compared to many other areas. This balanced rate reflects a steady local economy and a reliable foundation for residents and businesses alike.

Frequently Asked Questions

What is the overall lifestyle like?

The lifestyle in the Bank Street neighborhood of Fall River, MA is a blend of suburban comfort and urban accessibility. Residents enjoy a relaxed atmosphere with easy access to local shops, eateries, and parks. The area is family-friendly, with community-oriented activities and nearby schools, making it ideal for those seeking a balanced and welcoming environment.

Are there any notable landmarks or historical sites?

Yes, Bank Street is close to several notable landmarks in Fall River. One prominent site is the nearby Battleship Cove, home to the largest collection of historic naval ships in the world, including the USS Massachusetts. Additionally, the neighborhood is within reach of the historic Fall River Heritage State Park, which commemorates the city's rich textile manufacturing history.

Are there major highways or transit lines nearby?

Bank Street benefits from convenient access to major roadways such as Route 79 and Interstate 195, making it easy to commute to downtown Fall River and surrounding areas. Public transportation options include bus lines operated by the Southeastern Regional Transit Authority (SRTA), providing residents with connections to key locations throughout the city and beyond.

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