01040 ZIP Code – Holyoke, Massachusetts
Located in Holyoke, Massachusetts, ZIP code 01040 is a large ZIP code within Hampden County with a population of approximately 38,210 residents. At $49,007, the median household income here runs well below the Massachusetts average and below the U.S. average. The median home value of $236,800 is near the national average, with 41.3% owner-occupied housing (increasing). ; median rent of $937 is similarly near the national average. Housing consists of 44% single-family (increasing), 36% apartments (decreasing), 20% duplex/multi-family.
At 6.9%, the unemployment rate is above the national figure. The poverty rate is 23.7%, well above the national average. 24.3% of adults hold a bachelor's degree or higher, near the U.S. average. At 39.1, the median age is near the national figure. ZIP codes in the surrounding area include 01013, 01075, 01020.
ZIP Code 01040 Data
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ZIP 01040 vs. Massachusetts vs. U.S.
| Metric | ZIP 01040 | MA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 38k | 13k | 10k |
| Median Household Income | $49k | $107k | $73k |
| Median Home Value | $236k | $528k | $258k |
| Median Rent | $937 | $1,563 | $1,088 |
| Median Age | 39.1 | 44.3 | 43.2 |
| Unemployment Rate | 6.9% | 5.0% | 5.0% |
| Poverty Rate | 23.7% | 8.7% | 13.3% |
| Bachelor's Degree or Higher | 24.3% | 47.7% | 26.9% |
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Nearby ZIP Codes
- 01013 – Chicopee
- 01075 – South Hadley
- 01020 – Chicopee
- 01073 – Southampton
- 01022 – Chicopee
- 01089 – West Springfield
- 01107 – Springfield
- 01104 – Springfield
- 01063 – Northampton
- 01060 – Northampton
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 01013 | CHICOPEE | 22,895 | $62,000 |
| 01075 | SOUTH HADLEY | 17,115 | $92,740 |
| 01020 | CHICOPEE | 30,417 | $67,617 |
| 01073 | SOUTHAMPTON | 6,185 | $114,531 |
| 01022 | CHICOPEE | 2,144 | $52,207 |