The 01002 ZIP Code is primarily associated with Amherst, MA in Hampshire County in the United States. The current population estimate is 30,014. In this Massachusetts region, an estimated 95.8% hold a high school degree or higher, and the per capita income is approximately $30,847. Approximately 7% of the population is living below the poverty line. The median household income of this region is $61,159. The median age in ZIP Code 01002 is approximately 23.4 years, and 15.8% of the region's residents are aged 62 years and older.
The median household income in ZIP Code 01002 is $61,159, while the region's mean household income is $91,025. Breaking income down further, per capita income in the region is $30,847. The per capita income in ZIP Code 01002 of $30,847 is approximately 29.51% less than the per capita income in the U.S. overall of $43,761. An estimated 7.0% of the population is living below the poverty line in this region. This rate is approximately 26.32% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 13.2% of the population in 01002 earn $100,000 to $149,999 per year, while an estimated 12.8% earn $35,000 to $49,999 per year, and 4.7% of 01002 residents earn $10,000 to $14,999 per year.
|Less than $10,000 per year||9.6%|
|$10,000 to $14,999 per year||4.7%|
|$15,000 to $24,999 per year||7.6%|
|$25,000 to $34,999 per year||9.2%|
|$35,000 to $49,999 per year||12.8%|
|$50,000 to $74,999 per year||11.4%|
|$75,000 to $99,999 per year||12.5%|
|$100,000 to $149,999 per year||13.2%|
|$150,000 to $199,999 per year||8.4%|
|$200,000 or more per year||10.5%|
In ZIP Code 01002, 95.8% of the population graduated high school, while 66.4% have a bachelor's degree or higher. In this region, 2.3% achieved an education level less than 9th grade, while 42.3% hold a graduate or professional degree. Approximately 13.5% in this Hampshire County region reached the highest level of high school graduate (including equivalency).
|Less than 9th grade||2.3%|
|9th to 12th grade, no diploma||1.9%|
|High school graduate (includes equivalency)||13.5%|
|Some college, no degree||10.8%|
|Graduate or professional degree||42.3%|
Looking at race in the population that makes up ZIP Code 01002, 94.7% is one race, while 5.3% are two or more races. Approximately 7.5% of 01002 residents are hispanic or Latino (of any race). The most common race in 01002 (race alone or in combination with one or more other races), is White (80.2%), followed by Asian (12.7%) .
|Black or African American||8.8%|
|American Indian and Alaska Native||1.4%|
|Native Hawaiian and Other Pacific Islander||0.7%|
|Some other race||2.3%|
In ZIP Code 01002, 79.7% of the population lists "English only" as the language spoken in home, while 4.5% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 7.2% of homes, and other Indo-European languages are spoken in 6.3% of homes. Lastly, 2.2% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Hampshire County region.
|Other Indo-European languages||7.2%|
|Asian and Pacific Islander languages||6.3%|
Regarding the age of homes in ZIP Code 01002, an estimated 21.2% of homes were built in 1939 or earlier. Additionally, 18.4% of homes in the region were built between 1970 and 1979, while an estimated 0.9% of homes were built between 2010 and 2013 in this Hampshire County region.
|Year Home Built||Percent|
|Built in 2014 or later||2.5%|
|Built between 2010 and 2013||0.9%|
|Built between 2000 and 2009||4.9%|
|Built between 1990 and 1999||12.0%|
|Built between 1980 and 1989||15.9%|
|Built between 1970 and 1979||18.4%|
|Built between 1960 and 1969||14.1%|
|Built between 1950 and 1959||8.0%|
|Built between 1940 and 1949||2.2%|
|Built in 1939 or earlier||21.2%|
Residents of ZIP Code 01002 are younger than average. The median age of 23.4 years in ZIP Code 01002 is approximately 38.58% lower than the overall median age in the U.S. of 38.1 years. About 87.4% of residents are aged 18 years and older, and 15.8% of residents are 62 years and over. Approximately 29.2% of the population in 01002 falls in the age group 20 to 24 years, while an estimated 13.8% are aged 15 to 19 years. On the low end of the scale, 1.9% of 01002 residents are aged 85 years and over.
|Under 5 years||2.9%|
|5 to 9 years||3.5%|
|10 to 14 years||3.7%|
|15 to 19 years||13.8%|
|20 to 24 years||29.2%|
|25 to 34 years||11.2%|
|35 to 44 years||6.6%|
|45 to 54 years||7.6%|
|55 to 59 years||4.1%|
|60 to 64 years||4.0%|
|65 to 74 years||8.0%|
|75 to 84 years||3.5%|
|85 years and over||1.9%|
Regarding solar power potential, ZIP Code 01002 has an average daily solar radiation level of 4.88 kWh/m2/day. This is approximately 18.45% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 25.95% less than an area in the U.S. with historically high solar radiation levels (AZ).
|ZIP Code 01002||14.07¢/kWh||8.48¢/kWh||6.07¢/kWh|
|Month||ZIP Code 01002||Low (WA)||High (AZ)|
In 01002, 62.0% of the population is in the labor force. Recent estimates place 7.9% as working from home, while the total labor force in the region has a mean travel to time to work of 18.8 minutes. Approximately 47.6% of the employed population 16 years and over in 01002 work in educational services, and health care and social assistance, while an estimated 13.3% work in arts, entertainment, and recreation, and accommodation and food services. On the lower end of the scale, just 0.4% of 01002 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
|Agriculture, forestry, fishing and hunting, and mining||0.4%|
|Transportation and warehousing, and utilities||2.8%|
|Finance and insurance, and real estate and rental and leasing||2.8%|
|Professional, scientific, management, and administrative||8.9%|
|Educational services, and health care and social assistance||47.6%|
|Arts, entertainment, and recreation, and accommodation and food services||13.3%|
|Other services, except public administration||4.1%|
Regarding consumer complaints about financial products in ZIP Code 01002, money transfer, virtual currency, or money service have received the most complaints in 01002 in the past 12 months. Checking or savings account received the second most complaints. The most frequent complaint overall in this Hampshire County region was struggling to pay mortgage.
|Complaint Product||Number of Complaints*|
|Money transfer, virtual currency, or money service||4|
|Checking or savings account||2|
|Credit card or prepaid card||2|
|Complaint Issue||Number of Complaints*|
|Struggling to pay mortgage||2|
|Fraud or scam||1|
|Managing an account||1|
|Managing, opening, or closing your mobile wallet account||1|
|Other transaction problem||1|