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
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ZIP 01340 vs. Massachusetts vs. U.S.
| Metric | ZIP 01340 | MA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 1,890 | 13k | 10k |
| Median Household Income | $74k | $107k | $73k |
| Median Home Value | $261k | $528k | $258k |
| Median Rent | $1,083 | $1,563 | $1,088 |
| Median Age | 49.7 | 44.3 | 43.2 |
| Unemployment Rate | 4.7% | 5.0% | 5.0% |
| Poverty Rate | 6.6% | 8.7% | 13.3% |
| Bachelor's Degree or Higher | 34.8% | 47.7% | 26.9% |
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Nearby ZIP Codes
- 01346 – Heath
- 05358 – West Halifax
- 01370 – Shelburne Falls
- 05342 – Jacksonville
- 01337 – Bernardston
- 01301 – Greenfield
- 01338 – Buckland
- 01367 – Rowe
- 01339 – Charlemont
- 05361 – Whitingham
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 |