| ZIP Code | 01340 |
|---|---|
| City | Colrain |
| State | Massachusetts (MA) |
| County | Franklin County |
| Area Code | 413 |
| Elevation | 807 ft |
| Latitude | 42.68553 |
|---|---|
| Longitude | -72.731135 |
| Timezone | New York (DST) |
| FIPS | 25011 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.7 yrs ↓ 6% since 2019 |
|---|---|
| Avg Household Size | 2.23 |
| Below Poverty | 6.5% ▼ 35% below avg |
| College Grads | 46.4% ▲ 20% above avg |
| Unemployment | 4.7% ≈ Avg |
| HS Graduate | 422 (32.9%) |
| Some College | 137 (10.7%) |
| Associates | 128 (10%) |
| Bachelors | 137 (10.7%) |
| Graduate Degree | 457 (35.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $82,578 ▲ 8% above avg ↑ 32% since 2019 |
|---|---|
| Median Home Value | $268,100 ≈ Avg ↑ 23% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,081/mo ↑ 13% since 2019 |
| Total Units | 1,001 |
| Vacant Units | 190 |
| Avg HH Size | 2.23 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,001 |
|---|---|
| Vacant | 190 |
| Owner Occupied | 82.9% |
| Renter Occupied | 17.1% |
| Avg HH Size | 2.23 |
ZIP code 01340 is located in Colrain, Massachusetts, within Franklin County. With a population of 1,807, this is a sparsely populated ZIP code with a mature community — the median age is 49.7 years. Economically, 01340 is a middle-income ZIP code: the median household income of $82,578 is near the national average.
Real estate in ZIP code 01340 represents a mid-range housing market. The median home value of $268,100 is near the national average. Renters can expect to pay around $1,081 per month in median rent. Homeownership is strong here — 82.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 23% since 2019.
The population of 01340 is primarily White (91.81%). Residents are well-educated — 46.4% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 6.5%. Household income has grown by 32% since 2019.
The unemployment rate in 01340 stands at 4.7%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 87%.
Overall, ZIP code 01340 in Colrain, MA is characterized as middle-income, well-educated, a mature community, and predominantly owner-occupied. With 1,807 residents, a median household income of $82,578, and a median home value of $268,100, it offers a clear picture of life in this part of Massachusetts.