ZIP Code 01040 — Holyoke city, MA Demographics & Data

ZIP code 01040 covers Holyoke, MA in Hampden County with a population of about 37,949.

At a glance, the area shows median age of 39.1 (near the U.S. median).

It sits in telephone area code 413; U.S. House district MA-1; the SPRINGFIELD - HOLYOKE media market.

Holyoke, MA sits in a university / college context (near holyoke community college (1.3 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 01040 is about $51,892 — about 31% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 23.7%; unemployment rate near 6.9%; 24.3% of adults with a bachelor’s degree or higher (about 9.4 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Education, and Retail trade; about 9.1% of workers reporting work-from-home (about 6.1 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $255,300 — about 27% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $880 (about 24% below the U.S. median rent ($1,163)), and owner-occupancy near 41.6% (about 23.8 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 01040 in Holyoke, MA, a household would need roughly $70,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,640. That is about 35% above the local median household income ($51,892), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Holyoke city, MA as Relatively Moderate (composite score 92.8), which is among the highest nationally. The strongest component scores on US5 are flood (95.9) and hurricane (93.2). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Holyoke city, MA show little to no average snow and around 45.2 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,791 for ZIP 01040 (Holyoke city, MA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.