ZIP Code 01020: Population, Income, Housing

State: MA

Total population: 30,167 Household income: $66,009 Rent: $1,212

Overview

Total population

30,167

Rent

$1,212

Year built

1962

Household income

$66,009

Per capita income

$37,047

Poverty rate

16.6%

Unemployment rate

N/A

Household size

2.2 persons

Rent over 30% of income

52%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

Massachusetts

County

Hampden County

City

Chicopee

Total population

30,167

Adults over 25

22,552

Total households

13,767

Household size

2.2 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Income & Poverty

Household income

$66,009

Per capita income

$37,047

Poverty rate

16.6%

Unemployment rate

N/A

Rent over 30% of income

52%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Housing

Rent

$1,212

Year built

1962

Households that rent

41.6%

Households that own

58.4%

Rooms per home (all homes)

5.1

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Race

White

74.2%

Black

4.4%

Asian

2.6%

Two or more races

13.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Ethnicity

Hispanic or Latino

21.6%

Not Hispanic or Latino

78.4%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Commute

Commute rate

12,958 (91.2%)

Commute time to work

22 mins

Work from home

1,255 (8.8%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Education

Less than high school

30.8%

High school graduate or GED

33.3%

Some college or associate degree

12.5%

Bachelor’s degree or higher

23.4%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Comparison of ZIP Code 01020 with: Hampden County, MA Chicopee, MA Springfield metro area, MA Massachusetts United States

ZIP 01020

Total population30,167

Rent$1,212

Year built1962

Household income$66,009

Per capita income$37,047

Poverty rate16.6%

Unemployment rateN/A

Hampden County, MA

Total population462,815

Rent$1,136

Year built1959

Household income$71,306

Per capita income$38,219

Poverty rate16.3%

Unemployment rate5%

Chicopee, MA

Total population55,295

Rent$1,157

Year built1958

Household income$62,615

Per capita income$35,887

Poverty rate17.3%

Unemployment rate5.1%

Springfield Metro Area, MA

Total population462,815

Rent$1,136

Year built1959

Household income$71,306

Per capita income$38,219

Poverty rate16.3%

Unemployment rate5.1%

Massachusetts State

Total population7,044,056

Rent$1,762

Year built1964

Household income$103,960

Per capita income$57,897

Poverty rate10%

Unemployment rate4%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	ZIP01020	CountyHampden, MA	CityChicopee, MA	Metro AreaSpringfield metro area, MA	StateMassachusetts	CountryUnited States
Total population	30,167	462,815	55,295	462,815	7,044,056	334,922,499
Rent	$1,212	$1,136	$1,157	$1,136	$1,762	$1,413
Year built	1962	1959	1958	1959	1964	1980
Household income	$66,009	$71,306	$62,615	$71,306	$103,960	$80,734
Per capita income	$37,047	$38,219	$35,887	$38,219	$57,897	$44,673
Poverty rate	16.6%	16.3%	17.3%	16.3%	10%	12.5%
Unemployment rate	N/A	5%	5.1%	5.1%	4%	4%

View the full multi-level comparison →

Summary for 01020

Rent & Income

In 01020, the typical monthly rent is $1,212 and the typical household income is $66,009. Rent here is similar to Chicopee and lower than Massachusetts, and household income is higher than Chicopee and lower than Massachusetts. The estimated poverty rate is 16.6%, which is similar to the Chicopee rate and higher than the Massachusetts rate.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 41.6% of households. About 52% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 23.4% of adults holding a bachelor’s degree or higher.

ZIP 01020 — Rent vs Household Income

ZIP 01020 — Poverty

How ZIP 01020 compares in Massachusetts (62 ZIP Codes)

Metric	This ZIP	Rank	Starts from	State range
Rent	$1,212	6 / 62	from lower rent	$1,021 – $2,873
Household income	$66,009	55 / 62	from higher income	$48,415 – $172,606
Poverty rate	16.6%	48 / 62	from lower poverty	2.9% – 30.5%

Rankings are calculated among ZIP Codes in Massachusetts with total population > 30,000 (year 2024).

Detailed Ranking Explanation for ZIP Code 01020

Rent

When it comes to rent, ZIP Code 01020 ranks 6th out of 62 ZIP Codes in Massachusetts. Statewide, values range from $1,021 in ZIP 01040 up to $2,873 in ZIP 02446.

Household income

Income-wise, this area is placed 55th out of 62 ZIP Codes. Across Massachusetts, figures vary from $48,415 in ZIP 01109 up to $172,606 in ZIP 01810.

Poverty rate

When it comes to poverty, ZIP Code 01020 places 48th out of 62 ZIP Codes. Throughout Massachusetts, numbers span from 2.9% in ZIP 01810 up to 30.5% in ZIP 01610.

💰 Rent in ZIP Code 01020 (with Utilities)

Estimated Monthly Rent: $1,212 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in ZIP Code 01020

Annual Household Income: $66,009

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in ZIP Code 01020

Estimated Rate: 16.6%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in ZIP Code 01020

In ZIP Code 01020, households that rent: 5,729 (41.6%)

📊 What does the renter household percentage reveal about this ZIP Code?

Household Type	Count	Share
Renter-Occupied	5,729	41.6%
Owner-Occupied	8,038	58.4%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in ZIP Code 01020

In ZIP Code 01020, cost-burdened renters (households spending over 30% of income on housing): 2,978 (52%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	2,978	52%
Other renter households	2,751	48%
Total renter households	5,729	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in ZIP Code 01020

Less than High School: 6,937 people (30.8%)

Includes adults who did not complete high school.

High School Graduate or GED: 7,517 people (33.3%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 2,819 people (12.5%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 5,279 people (23.4%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 22,552

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.