ZIP Code 01040
standardSource:
Holyoke · Hampden County · Massachusetts
- Population
- 39,880
- Median income
- $53,605
- Median home value
- $274,100
- Bachelor's or higher
- 25.9%
- Land area
- 54.8 sq mi
728/sq mi
▼ 30% vs US
higher than 19% of US ZIPs
▼ 1% vs US
higher than 62% of US ZIPs
Median age 40
New York
ZIP code 01040 in Holyoke, Massachusetts has a population of 39,880. The median household income is $53,605, which is 30% below the national average. Median home value is $274,100, 1% below the US average. 25.9% of residents hold a bachelor's degree or higher.
ZIP code 01040 is classified by USPS as a standard delivery area and covers roughly 54.8 square miles in Holyoke, Hampden County, Massachusetts. The area is home to 39,880 residents, producing a population density of 728 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 01040 against Massachusetts and the nation.
On the economic side, the median household income for ZIP 01040 sits at $53,605 (54% below the Massachusetts average), while per-capita income is $31,236. The poverty rate stands at 27.0% and the unemployment rate at 7.7%. On housing, the median home value is $274,100 (54% below the state average) with median rent at $1,021 per month, and 41.3% of occupied units are owner-occupied, a direct signal of whether 01040 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 25.9% of adults hold a bachelor's degree or higher, the median age is 40, and the average commute is 19 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hampden County, so you can benchmark 01040 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 01040
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 01040.
- Retail trade
Retail trade
180 establishments
- Health care and social assistance
Health care and social assistance
133 establishments
- Accommodation and food services
Accommodation and food services
95 establishments
- Other services (except public administration)
Other services (except public administration)
79 establishments
- Construction 52
Construction
52 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, 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 01040, Holyoke, 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
39,880
Population
54.8
Area (sq mi)
728
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 01040?
40.0
Median Age
48.5%
Male
51.5%
Female
6.2%
Foreign-Born
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?
$53,605
Median Household Income
-54% vs state
$31,236
Per Capita Income
27.0%
Poverty Rate
7.7%
Unemployment Rate
19.3 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
17,057
Total Housing Units
15,618
Occupied Units
1,439
Vacant Units
2.34
Avg Household Size
Occupancy Type
$274,100
Median Home Value
-54% vs state
$1,021
Median Rent
1950
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
-2.4%
YoY Change (2024)
268
HPI Index (2000 = 100)
+168%
Total Change Since 2000
Home values in ZIP 01040 have decreased 2.4% over the past year (2024). Since 2000, this ZIP has seen +168% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.6% | 185 |
| 2021 | +13.9% | 211 |
| 2022 | +12.8% | 237 |
| 2023 | +15.8% | 275 |
| 2024 | -2.4% | 268 |
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 827 business establishments in ZIP 01040, employing approximately 16,879 people with a combined annual payroll of $929,704,000.
827
Businesses
16,879
Employees
$929.7M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 180 | 21.8% |
| Health care and social assistance | 133 | 16.1% |
| Accommodation and food services | 95 | 11.5% |
| Other services (except public administration) | 79 | 9.6% |
| Construction | 52 | 6.3% |
| Professional, scientific, and technical services | 52 | 6.3% |
| Manufacturing | 45 | 5.4% |
| Real estate and rental and leasing | 40 | 4.8% |
| Finance and insurance | 36 | 4.3% |
| Administrative and support and waste management and remediation services | 31 | 3.8% |
| Educational services | 20 | 2.4% |
| Wholesale trade | 18 | 2.2% |
| Arts, entertainment, and recreation | 18 | 2.2% |
| Transportation and warehousing | 16 | 1.9% |
| Information | 8 | 1.0% |
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 01040 vs 01013 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 01013 | Chicopee, MA | 23,188 | 4.0 mi |
| 01089 | West Springfield, MA | 28,391 | 6.0 mi |
| 01075 | South Hadley, MA | 17,527 | 4.4 mi |
| 01063 | Northampton, MA | 430 | 7.4 mi |
| 01020 | Chicopee, MA | 29,668 | 4.6 mi |
| 01022 | Chicopee, MA | 2,451 | 5.1 mi |
| 01073 | Southampton, MA | 5,792 | 5.1 mi |
| 01060 | Northampton, MA | 15,284 | 7.6 mi |
| 01107 | Springfield, MA | 11,611 | 6.6 mi |
| 01199 | Springfield, MA | 0 | 6.6 mi |
More ZIP Codes in Hampden County
Related Areas
Frequently Asked Questions
What county is ZIP code 01040 in? ▼
What is the population of ZIP code 01040? ▼
What is the median household income in ZIP 01040? ▼
What is the average home value in ZIP 01040? ▼
What is the demographic makeup of ZIP 01040? ▼
How many businesses are in ZIP code 01040? ▼
What are the main industries in ZIP code 01040? ▼
How have home values changed in ZIP code 01040? ▼
What is the education level in ZIP code 01040? ▼
What is the average commute time in ZIP 01040? ▼
What percentage of residents own vs. rent in ZIP 01040? ▼
What is the poverty rate in ZIP code 01040? ▼
ZIP Code Research Guides
Official Data Resources for Holyoke, 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.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.