01020 ZIP Code – Chicopee, Massachusetts
ZIP code 01020 is a large ZIP code located in Chicopee, Massachusetts, within Hampden County with a population of approximately 30,417 residents. The median household income of $67,617 is below the Massachusetts average and near the national average. At $236,600, median home values run near the national average, with 58.4% owner-occupied housing (decreasing). . Median rent is $1,095, which is near the U.S. average. Housing consists of 57% single-family (decreasing), 21% apartments (increasing), 18% duplex/multi-family.
Unemployment stands at 6.1%, which is above the U.S. rate. The poverty rate of 14.0% is near the U.S. average. About 22.9% of residents have completed a four-year degree, near the national rate. At 43.8, the median age is near the national figure. ZIP codes in the surrounding area include 01022, 01013, 01104.
ZIP Code 01020 Data
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ZIP 01020 vs. Massachusetts vs. U.S.
| Metric | ZIP 01020 | MA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 30k | 13k | 10k |
| Median Household Income | $67k | $107k | $73k |
| Median Home Value | $236k | $528k | $258k |
| Median Rent | $1,095 | $1,563 | $1,088 |
| Median Age | 43.8 | 44.3 | 43.2 |
| Unemployment Rate | 6.1% | 5.0% | 5.0% |
| Poverty Rate | 14.0% | 8.7% | 13.3% |
| Bachelor's Degree or Higher | 22.9% | 47.7% | 26.9% |
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Nearby ZIP Codes
- 01022 – Chicopee
- 01013 – Chicopee
- 01104 – Springfield
- 01151 – Indian Orchard
- 01109 – Springfield
- 01107 – Springfield
- 01119 – Springfield
- 01040 – Holyoke
- 01103 – Springfield
- 01144 – Springfield
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 01022 | CHICOPEE | 2,144 | $52,207 |
| 01013 | CHICOPEE | 22,895 | $62,000 |
| 01104 | SPRINGFIELD | 22,606 | $47,413 |
| 01151 | INDIAN ORCHARD | 9,467 | $51,410 |
| 01109 | SPRINGFIELD | 31,301 | $42,928 |