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

Population 38,210
Median Household Income $49,007
Median Home Value $236,800
Median Rent $937
Median Age 39.1
Unemployment Rate 6.9%
Poverty Rate 23.7%
Bachelor's Degree or Higher 24.3%

ZIP 01040 vs. Massachusetts vs. U.S.

MetricZIP 01040MA Avg.U.S. Avg.
Population38k13k10k
Median Household Income$49k$107k$73k
Median Home Value$236k$528k$258k
Median Rent$937$1,563$1,088
Median Age39.144.343.2
Unemployment Rate6.9%5.0%5.0%
Poverty Rate23.7%8.7%13.3%
Bachelor's Degree or Higher24.3%47.7%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

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