ZIP Code 01340

standard

Source:

Colrain · Franklin County · Massachusetts

Population
1,701

15/sq mi

Median income
$78,804

▲ 3% vs US

higher than 60% of US ZIPs

Median home value
$283,200

▲ 2% vs US

higher than 64% of US ZIPs

Bachelor's or higher
36.7%

Median age 53.1

Land area
113.4 sq mi

New York

ZIP code 01340 in Colrain, Massachusetts has a population of 1,701. The median household income is $78,804, which is 3% above the national average. Median home value is $283,200, 2% above the US average. 36.7% of residents hold a bachelor's degree or higher.

ZIP code 01340 is classified by USPS as a standard delivery area and covers roughly 113.4 square miles in Colrain, Franklin County, Massachusetts. The area is home to 1,701 residents, producing a population density of 15 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 01340 against Massachusetts and the nation.

On the economic side, the median household income for ZIP 01340 sits at $78,804 (32% below the Massachusetts average), while per-capita income is $45,384. The poverty rate stands at 7.9% and the unemployment rate at 4.1%. On housing, the median home value is $283,200 (53% below the state average) with median rent at $1,102 per month, and 86.0% of occupied units are owner-occupied, a direct signal of whether 01340 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 36.7% of adults hold a bachelor's degree or higher, the median age is 53.1, and the average commute is 34 minutes. We also surface 8 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Franklin County, so you can benchmark 01340 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 01340

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 01340.

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 01340, Colrain, 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

1,701

Population

113.4

Area (sq mi)

15

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 01340?

53.1

Median Age

54.0%

Male

46.0%

Female

2.0%

Foreign-Born

White 92.2%
African American 1.2%
Asian 0.8%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.1%
Hispanic or Latino 3.6%

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?

$78,804

Median Household Income

-32% vs state

$45,384

Per Capita Income

7.9%

Poverty Rate

4.1%

Unemployment Rate

33.5 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 70.5%
Bachelor's Degree or Higher 36.7%

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

What does housing look like?

968

Total Housing Units

794

Occupied Units

174

Vacant Units

2.22

Avg Household Size

Occupancy Type

Owner 86.0%
Renter 14.0%

$283,200

Median Home Value

-53% vs state

$1,102

Median Rent

1967

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 17 business establishments in ZIP 01340, employing approximately 138 people with a combined annual payroll of $6,563,000.

17

Businesses

138

Employees

$6.6M

Annual Payroll

5

Industry Sectors

Industry Establishments % of Total
Construction 4 23.5%
Manufacturing 3 17.6%
Retail trade 3 17.6%
Administrative and support and waste management and remediation services 3 17.6%
Other services (except public administration) 3 17.6%

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 01340 vs 05358 →

ZIP Code City Population Distance
05358 West Halifax, VT 148 5.5 mi
01370 Shelburne Falls, MA 4,084 6.0 mi
01346 Heath, MA 533 5.0 mi
01337 Bernardston, MA 2,596 7.2 mi
05342 Jacksonville, VT 581 7.1 mi
01301 Greenfield, MA 17,700 7.1 mi
01338 Buckland, MA 187 9.2 mi
01342 Deerfield, MA 1,492 11.1 mi

More ZIP Codes in Franklin County

Frequently Asked Questions

What county is ZIP code 01340 in?
ZIP code 01340 (Colrain) is located in Franklin County, Massachusetts. Franklin County contains multiple ZIP codes, see the full list at /counties/franklin-ma.
What is the population of ZIP code 01340?
ZIP code 01340 in Colrain, MA has a population of 1,701 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 01340?
The median household income in ZIP 01340 is $78,804, which is 3% above the national average of $76,288.
What is the average home value in ZIP 01340?
The median home value in ZIP 01340 is $283,200, which is 2% above the national average of $278,155.
What is the demographic makeup of ZIP 01340?
The largest racial group in ZIP 01340 is White at 92.2%. Hispanic or Latino residents make up 3.6% of the population.
How many businesses are in ZIP code 01340?
ZIP code 01340 has 17 business establishments employing approximately 138 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 01340?
The top industries by establishment count in ZIP 01340 are: Construction (4), Manufacturing (3), Retail trade (3). There are 5 industry sectors represented in total.
What is the education level in ZIP code 01340?
In ZIP code 01340, 70.5% of residents aged 25+ have a high school diploma or higher, and 36.7% 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 01340?
The mean commute time for workers in ZIP code 01340 is 33.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 01340?
In ZIP code 01340, approximately 86.0% of occupied housing units are owner-occupied and 14.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 01340?
The poverty rate in ZIP code 01340 is 7.9% 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 Colrain, 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.