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2024 Compare Cities Economy:
Fairhaven, MA vs New Bedford, MA

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Highlights
- Household income in New Bedford, is 36% less than it is in Fairhaven and is 36% below the National Average.
- Fairhaven unemployment rate is 7.0%.
- New Bedford unemployment rate is 10.2%.

Economy
 Fairhaven, MANew Bedford, MAUnited States
 Unemployment Rate7.0%10.2%6.0%
 Recent Job Growth3.6%3.6%1.6%
 Future Job Growth34.9%32.7%33.5%
 Sales Taxes6.3%6.3%6.2%
 Income Taxes5.1%5.1%4.6%
 Income per Cap.$50,384$27,583$37,638
 Household Income$79,432$50,581$69,021
 Family Median Income$99,063$62,189$85,028
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 Est. Households By Income
 Fairhaven, MANew Bedford, MAUnited States
 Income Less Than 15K6.7%15.4%9.4%
 Income between 15K and 20K6.9%5.7%3.8%
 Income between 20K and 30K7.8%10.6%8.1%
 Income between 30K and 40K6.1%9.5%8.0%
 Income between 40K and 50K6.0%8.1%7.6%
 Income between 50K and 60K5.7%7.4%7.2%
 Income between 60K and 75K8.9%8.5%9.6%
 Income between 75K and 100K13.4%13.2%12.8%
 Income between 100K and 150K19.5%13.3%16.3%
 Income between 150K and 200K9.5%5.1%7.8%
 Income greater than 200K9.5%3.1%9.5%
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 Population By Occupation
 Fairhaven, MANew Bedford, MAUnited States
 Management, business, finance17.5%8.2%16.4%
 Engineering, computers, science5.6%3.5%6.5%
 Community, social services3.3%2.2%1.8%
 Legal1.0%0.6%1.2%
 Education, library5.5%4.6%6.2%
 Arts, design, media, sports, entertainment1.9%0.9%2.0%
 Healthcare practitioners and technology8.9%5.3%6.2%
 Healthcare support4.8%7.8%3.3%
 Firefighters, law enforcement2.5%2.5%2.1%
 Food preparation, serving4.8%6.7%5.4%
 Building maintenance3.1%5.0%3.6%
 Personal care2.6%2.1%2.6%
 Sales, office, administrative support19.2%20.4%20.9%
 Farming, fishing, forestry1.5%1.4%0.6%
 Construction, extraction, maintenance/repair6.8%10.5%8.1%
 Production, transportation, material moving11.2%18.3%13.1%

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Reviews for Fairhaven    0 Reviews

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Reviews for New Bedford    5 Reviews

Grew up here, returned here to assist family after lining/working South of Boston, San Diego, then North of Boston respectively. Outside of the quaint/Historic Downtown  More

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Over 12 years ago

Cold  More

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Over 14 years ago

While unemployment is always a problem here, this city is no worse than any other old Northeastern city. Yes, we do have crime and bad areas, just as any other city  More

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ZIPS IN FAIRHAVEN, MASSACHUSETTS
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ZIPS IN NEW BEDFORD, MASSACHUSETTS
02740 02745 02746 02744

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