01340 ZIP Code – Colrain, Massachusetts

Located in Colrain, Massachusetts, ZIP code 01340 is a small ZIP code within Franklin County with a population of approximately 1,890 residents. At $74,632, the median household income here runs below the Massachusetts average and near the U.S. average. Homes in this ZIP code have a median value of $261,400, near the national average, with 86.0% owner-occupied housing (increasing). , and the median rent of $1,083 is near the national average. Housing consists of 84% single-family (decreasing), 14% duplex/multi-family.

The unemployment rate is 4.7%, near the national average. The poverty rate is 6.6%, well below the national average. 34.8% of adults hold a bachelor's degree or higher, above the U.S. average. At 49.7, the median age is above the national figure. The surrounding area includes ZIP codes 01346, 05358, 01370.

ZIP Code 01340 Data

Population 1,890
Median Household Income $74,632
Median Home Value $261,400
Median Rent $1,083
Median Age 49.7
Unemployment Rate 4.7%
Poverty Rate 6.6%
Bachelor's Degree or Higher 34.8%

ZIP 01340 vs. Massachusetts vs. U.S.

MetricZIP 01340MA Avg.U.S. Avg.
Population1,89013k10k
Median Household Income$74k$107k$73k
Median Home Value$261k$528k$258k
Median Rent$1,083$1,563$1,088
Median Age49.744.343.2
Unemployment Rate4.7%5.0%5.0%
Poverty Rate6.6%8.7%13.3%
Bachelor's Degree or Higher34.8%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
01346 HEATH 409 $105,944
05358 WEST HALIFAX 425 $59,044
01370 SHELBURNE FALLS 3,713 $74,680
05342 JACKSONVILLE 612 $53,646
01337 BERNARDSTON 2,470 $79,000