ZIP Code 01020

standard

Source:

Chicopee · Hampden County · Massachusetts

Population
29,668

915/sq mi

Median income
$66,009

▼ 13% vs US

higher than 40% of US ZIPs

Median home value
$280,900

▲ 1% vs US

higher than 63% of US ZIPs

Bachelor's or higher
23.4%

Median age 45.1

Land area
32.4 sq mi

New York

ZIP code 01020 in Chicopee, Massachusetts has a population of 29,668. The median household income is $66,009, which is 13% below the national average. Median home value is $280,900, 1% above the US average. 23.4% of residents hold a bachelor's degree or higher.

ZIP code 01020 is classified by USPS as a standard delivery area and covers roughly 32.4 square miles in Chicopee, Hampden County, Massachusetts. The area is home to 29,668 residents, producing a population density of 915 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 01020 against Massachusetts and the nation.

On the economic side, the median household income for ZIP 01020 sits at $66,009 (43% below the Massachusetts average), while per-capita income is $37,047. The poverty rate stands at 16.6% and the unemployment rate at 5.7%. On housing, the median home value is $280,900 (53% below the state average) with median rent at $1,212 per month, and 58.4% of occupied units are owner-occupied, a direct signal of whether 01020 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 23.4% of adults hold a bachelor's degree or higher, the median age is 45.1, and the average commute is 22 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hampden County, so you can benchmark 01020 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 01020

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 01020.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 01020, Chicopee, MA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

29,668

Population

32.4

Area (sq mi)

915

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 01020?

45.1

Median Age

48.2%

Male

51.8%

Female

9.0%

Foreign-Born

White 74.2%
African American 4.4%
Asian 2.6%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 13.6%
Hispanic or Latino 21.6%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$66,009

Median Household Income

-43% vs state

$37,047

Per Capita Income

16.6%

Poverty Rate

5.7%

Unemployment Rate

21.6 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 56.7%
Bachelor's Degree or Higher 23.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

14,319

Total Housing Units

13,767

Occupied Units

552

Vacant Units

2.19

Avg Household Size

Occupancy Type

Owner 58.4%
Renter 41.6%

$280,900

Median Home Value

-53% vs state

$1,212

Median Rent

1962

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+5.7%

YoY Change (2024)

252

HPI Index (2000 = 100)

+152%

Total Change Since 2000

Home values in ZIP 01020 have increased 5.7% over the past year (2024). Since 2000, this ZIP has seen +152% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.0% 179
2021 +15.0% 206
2022 +9.8% 226
2023 +5.3% 238
2024 +5.7% 252

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 539 business establishments in ZIP 01020, employing approximately 8,947 people with a combined annual payroll of $477,377,000.

539

Businesses

8,947

Employees

$477.4M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 103 19.1%
Accommodation and food services 76 14.1%
Other services (except public administration) 66 12.2%
Construction 59 10.9%
Health care and social assistance 55 10.2%
Finance and insurance 30 5.6%
Real estate and rental and leasing 29 5.4%
Administrative and support and waste management and remediation services 24 4.5%
Professional, scientific, and technical services 22 4.1%
Manufacturing 19 3.5%
Wholesale trade 16 3.0%
Transportation and warehousing 13 2.4%
Educational services 10 1.9%
Information 7 1.3%
Arts, entertainment, and recreation 7 1.3%
Management of companies and enterprises 3 0.6%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 01020 vs 01022 →

ZIP Code City Population Distance
01022 Chicopee, MA 2,451 1.9 mi
01104 Springfield, MA 22,865 2.9 mi
01013 Chicopee, MA 23,188 2.5 mi
01109 Springfield, MA 30,250 4.1 mi
01151 Indian Orchard, MA 8,698 3.3 mi
01105 Springfield, MA 12,350 5.4 mi
01075 South Hadley, MA 17,527 5.6 mi
01199 Springfield, MA 0 4.3 mi
01107 Springfield, MA 11,611 4.3 mi
01103 Springfield, MA 2,479 5.2 mi

More ZIP Codes in Hampden County

Frequently Asked Questions

What county is ZIP code 01020 in?
ZIP code 01020 (Chicopee) is located in Hampden County, Massachusetts. Hampden County contains multiple ZIP codes, see the full list at /counties/hampden-ma.
What is the population of ZIP code 01020?
ZIP code 01020 in Chicopee, MA has a population of 29,668 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 01020?
The median household income in ZIP 01020 is $66,009, which is 13% below the national average of $76,288.
What is the average home value in ZIP 01020?
The median home value in ZIP 01020 is $280,900, which is 1% above the national average of $278,155.
What is the demographic makeup of ZIP 01020?
The largest racial group in ZIP 01020 is White at 74.2%. Hispanic or Latino residents make up 21.6% of the population.
How many businesses are in ZIP code 01020?
ZIP code 01020 has 539 business establishments employing approximately 8,947 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 01020?
The top industries by establishment count in ZIP 01020 are: Retail trade (103), Accommodation and food services (76), Other services (except public administration) (66). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 01020?
According to the FHFA House Price Index, home values in ZIP 01020 increased by 5.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 152%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 01020?
In ZIP code 01020, 56.7% of residents aged 25+ have a high school diploma or higher, and 23.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 01020?
The mean commute time for workers in ZIP code 01020 is 21.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 01020?
In ZIP code 01020, approximately 58.4% of occupied housing units are owner-occupied and 41.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 01020?
The poverty rate in ZIP code 01020 is 16.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Chicopee, MA

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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