The 01340 ZIP Code is primarily associated with Colrain, MA in Franklin County in the United States. The current population estimate is 1,779. Approximately 7% of the population lives below the poverty line, while the median househould income sits at $62,500. In this Massachusetts region, an estimated 94.3% hold a high school degree or higher, and the per capita income is approximately $34,087. The median age in ZIP Code 01340 is approximately 52.8 years, with 31.8% of residents aged 62 years and older.
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The median household income in ZIP Code 01340 is $62,500, while the region's mean household income is $78,745. Breaking income down further, per capita income in the region is $34,087. The per capita income in ZIP Code 01340 of $34,087 is approximately 22.11% less than the per capita income in the U.S. overall of $43,761. An estimated 6.5% of the population is living below the poverty line in this region. This rate is approximately 31.58% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 27.6% of the population in 01340 earn $50,000 to $74,999 per year, while an estimated 14.9% earn $75,000 to $99,999 per year, and 2.4% of 01340 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 4.6% |
| $10,000 to $14,999 per year | 2.4% |
| $15,000 to $24,999 per year | 4.9% |
| $25,000 to $34,999 per year | 11.4% |
| $35,000 to $49,999 per year | 11.2% |
| $50,000 to $74,999 per year | 27.6% |
| $75,000 to $99,999 per year | 14.9% |
| $100,000 to $149,999 per year | 14.8% |
| $150,000 to $199,999 per year | 3.8% |
| $200,000 or more per year | 4.2% |
In ZIP Code 01340, 94.3% of the population graduated high school, while 33.3% have a bachelor's degree or higher. In this region, 1.1% achieved an education level less than 9th grade, while 15.4% hold a graduate or professional degree. Approximately 33.2% in this Franklin County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.1% |
| 9th to 12th grade, no diploma | 4.7% |
| High school graduate (includes equivalency) | 33.2% |
| Some college, no degree | 18.1% |
| Associate's degree | 9.6% |
| Bachelor's degree | 17.8% |
| Graduate or professional degree | 15.4% |
Looking at race in the population that makes up ZIP Code 01340, 98.9% is one race, while 1.1% are two or more races. Approximately 1.6% of 01340 residents are hispanic or Latino (of any race). The most common race in 01340 (race alone or in combination with one or more other races), is White (99.6%), followed by Black or African American (0.9%) .
| Industry | Percent |
|---|---|
| White | 99.6% |
| Black or African American | 0.9% |
| American Indian and Alaska Native | 0.2% |
| Asian | 0.4% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 0.0% |
In ZIP Code 01340, 98.5% of the population lists "English only" as the language spoken in home, while 0.4% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.9% of homes, and other Indo-European languages are spoken in 0.0% of homes. Lastly, 0.2% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Franklin County region.
| Language Spoken | Percent |
|---|---|
| English only | 98.5% |
| Spanish | 0.4% |
| Other Indo-European languages | 0.9% |
| Asian and Pacific Islander languages | 0.0% |
| Other languages | 0.2% |
Regarding the age of homes in ZIP Code 01340, an estimated 35.7% of homes were built in 1939 or earlier. Additionally, 16.4% of homes in the region were built between 1980 and 1989, while an estimated 1.7% of homes were built between 2010 and 2013 in this Franklin County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.7% |
| Built between 2010 and 2013 | 1.7% |
| Built between 2000 and 2009 | 6.1% |
| Built between 1990 and 1999 | 8.0% |
| Built between 1980 and 1989 | 16.4% |
| Built between 1970 and 1979 | 11.6% |
| Built between 1960 and 1969 | 8.8% |
| Built between 1950 and 1959 | 7.8% |
| Built between 1940 and 1949 | 2.3% |
| Built in 1939 or earlier | 35.7% |
Residents of ZIP Code 01340 are older than average. The median age of 52.8 years in ZIP Code 01340 is approximately 38.58% higher than the overall median age in the U.S. of 38.1 years. About 83.6% of residents are aged 18 years and older, and 31.8% of residents are 62 years and over. Approximately 15.2% of the population in 01340 falls in the age group 65 to 74 years, while an estimated 12.0% are aged 60 to 64 years. On the low end of the scale, 1.8% of 01340 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.1% |
| 5 to 9 years | 3.5% |
| 10 to 14 years | 5.4% |
| 15 to 19 years | 2.7% |
| 20 to 24 years | 7.6% |
| 25 to 34 years | 8.3% |
| 35 to 44 years | 9.4% |
| 45 to 54 years | 10.6% |
| 55 to 59 years | 9.1% |
| 60 to 64 years | 12.0% |
| 65 to 74 years | 15.2% |
| 75 to 84 years | 8.3% |
| 85 years and over | 1.8% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 01340 is current access to health insurance, as an estimated 96.7% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 01340 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 96.7% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 01340 has an average daily solar radiation level of 4.82 kWh/m2/day. This is approximately 16.99% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 26.86% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 01340 | 14.07¢/kWh | 8.48¢/kWh | 6.07¢/kWh |
| Massachusetts | 29.23¢/kWh | 20.59¢/kWh | 18.78¢/kWh |
| United States | 16.94¢/kWh | 13.2¢/kWh | 8.21¢/kWh |
| Month | ZIP Code 01340 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.77 | 1.9 | 5.84 |
| Feb | 4.9 | 3 | 6.31 |
| Mar | 5.3 | 3.65 | 7.02 |
| Apr | 5.57 | 5.13 | 7.3 |
| May | 5.54 | 5.17 | 7.13 |
| Jun | 5.38 | 5.72 | 6.95 |
| Jul | 5.7 | 6.22 | 6.51 |
| Aug | 5.67 | 6.08 | 6.65 |
| Sep | 5.44 | 5.15 | 7.02 |
| Oct | 4.24 | 3.32 | 6.92 |
| Nov | 3.48 | 2.33 | 5.99 |
| Dec | 2.88 | 1.78 | 5.46 |
In 01340, 66.8% of the population is in the labor force. Recent estimates place 8.1% as working from home, while the total labor force in the region has a mean travel to time to work of 30.0 minutes. Approximately 27.6% of the employed population 16 years and over in 01340 work in educational services, and health care and social assistance, while an estimated 12.9% work in construction. On the lower end of the scale, just 1.1% of 01340 workers 16 years and over work in information.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 3.0% |
| Construction | 12.9% |
| Manufacturing | 12.2% |
| Wholesale trade | 2.7% |
| Retail trade | 9.9% |
| Transportation and warehousing, and utilities | 3.3% |
| Information | 1.1% |
| Finance and insurance, and real estate and rental and leasing | 3.5% |
| Professional, scientific, management, and administrative | 8.0% |
| Educational services, and health care and social assistance | 27.6% |
| Arts, entertainment, and recreation, and accommodation and food services | 5.4% |
| Other services, except public administration | 8.0% |
| Public administration | 2.4% |