The 01118 ZIP Code is primarily associated with Springfield, MA in Hampden County in the United States. The current population estimate is 14,830. In this Massachusetts region, an estimated 89.9% hold a high school degree or higher, and the per capita income is approximately $30,991. The median age in the 01118 ZIP Code is 37.4 years, with 20.3% of residents aged 62 years and older. Median househould income in this region is $63,571, while about 16% of the population lives below the poverty line.
The median household income in ZIP Code 01118 is $63,571, while the region's mean household income is $78,642. Breaking income down further, per capita income in the region is $30,991. The per capita income in ZIP Code 01118 of $30,991 is approximately 29.18% less than the per capita income in the U.S. overall of $43,761. An estimated 15.7% of the population is living below the poverty line in this region. This rate is approximately65.26% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 21.9% of the population in 01118 earn $50,000 to $74,999 per year, while an estimated 18.4% earn $100,000 to $149,999 per year, and 3.4% of 01118 residents earn $10,000 to $14,999 per year.
|Less than $10,000 per year||8.8%|
|$10,000 to $14,999 per year||3.4%|
|$15,000 to $24,999 per year||7.3%|
|$25,000 to $34,999 per year||5.5%|
|$35,000 to $49,999 per year||10.7%|
|$50,000 to $74,999 per year||21.9%|
|$75,000 to $99,999 per year||13.7%|
|$100,000 to $149,999 per year||18.4%|
|$150,000 to $199,999 per year||6.6%|
|$200,000 or more per year||3.7%|
In ZIP Code 01118, 89.9% of the population graduated high school, while 32.1% have a bachelor's degree or higher. In this region, 4.7% achieved an education level less than 9th grade, while 13.3% hold a graduate or professional degree. Approximately 29.3% in this Hampden County region reached the highest level of high school graduate (including equivalency).
|Less than 9th grade||4.7%|
|9th to 12th grade, no diploma||5.5%|
|High school graduate (includes equivalency)||29.3%|
|Some college, no degree||16.5%|
|Graduate or professional degree||13.3%|
Looking at race in the population that makes up ZIP Code 01118, 93.6% is one race, while 6.4% are two or more races. Approximately 24.0% of 01118 residents are hispanic or Latino (of any race). The most common race in 01118 (race alone or in combination with one or more other races), is White (72.8%), followed by Black or African American (21.7%) .
|Black or African American||21.7%|
|American Indian and Alaska Native||0.8%|
|Native Hawaiian and Other Pacific Islander||0.5%|
|Some other race||4.9%|
In ZIP Code 01118, 78.0% of the population lists "English only" as the language spoken in home, while 11.9% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 6.9% of homes, and other Indo-European languages are spoken in 2.3% of homes. Lastly, 1.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Hampden County region.
|Other Indo-European languages||6.9%|
|Asian and Pacific Islander languages||2.3%|
Regarding the age of homes in ZIP Code 01118, an estimated 28.3% of homes were built between 1950 and 1959. Additionally, 17.8% of homes in the region were built in 1939 or earlier, while an estimated 0.3% of homes were built between 2010 and 2013 in this Hampden County region.
|Year Home Built||Percent|
|Built in 2014 or later||1.7%|
|Built between 2010 and 2013||0.3%|
|Built between 2000 and 2009||1.2%|
|Built between 1990 and 1999||2.4%|
|Built between 1980 and 1989||9.6%|
|Built between 1970 and 1979||11.5%|
|Built between 1960 and 1969||11.0%|
|Built between 1950 and 1959||28.3%|
|Built between 1940 and 1949||16.3%|
|Built in 1939 or earlier||17.8%|
Residents of ZIP Code 01118 are younger than average. The median age of 37.4 years in ZIP Code 01118 is approximately 1.84% lower than the overall median age in the U.S. of 38.1 years. About 75.9% of residents are aged 18 years and older, and 20.3% of residents are 62 years and over. Approximately 14.5% of the population in 01118 falls in the age group 25 to 34 years, while an estimated 11.0% are aged 45 to 54 years. On the low end of the scale, 2.0% of 01118 residents are aged 85 years and over.
|Under 5 years||6.6%|
|5 to 9 years||9.1%|
|10 to 14 years||6.1%|
|15 to 19 years||4.1%|
|20 to 24 years||5.8%|
|25 to 34 years||14.5%|
|35 to 44 years||10.6%|
|45 to 54 years||11.0%|
|55 to 59 years||8.3%|
|60 to 64 years||8.1%|
|65 to 74 years||8.1%|
|75 to 84 years||5.7%|
|85 years and over||2.0%|
The average residential electricity rate in ZIP Code 01118 of 14.07¢/kWh. This rate is about 46.46% less than the average rate in Massachusetts, and approximately 12.55% less than the average rate in the U.S. as a whole. Regarding solar power potential, ZIP Code 01118 has an average daily solar radiation level of 4.76 kWh/m2/day. This is approximately 15.53% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 27.77% less than an area in the U.S. with historically high solar radiation levels (AZ).
|ZIP Code 01118||14.07¢/kWh||8.48¢/kWh||6.07¢/kWh|
|Month||ZIP Code 01118||Low (WA)||High (AZ)|
In 01118, 65.2% of the population is in the labor force. Recent estimates place 2.6% as working from home, while the total labor force in the region has a mean travel to time to work of 21.2 minutes. Approximately 34.7% of the employed population 16 years and over in 01118 work in educational services, and health care and social assistance, while an estimated 10.6% work in finance and insurance, and real estate and rental and leasing. On the lower end of the scale, just 0.0% of 01118 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
|Agriculture, forestry, fishing and hunting, and mining||0.0%|
|Transportation and warehousing, and utilities||3.5%|
|Finance and insurance, and real estate and rental and leasing||10.6%|
|Professional, scientific, management, and administrative||6.2%|
|Educational services, and health care and social assistance||34.7%|
|Arts, entertainment, and recreation, and accommodation and food services||6.4%|
|Other services, except public administration||4.9%|
Regarding consumer complaints about financial products in ZIP Code 01118, credit reporting or credit repair services have received the most complaints in 01118 in the past 12 months. Credit card or prepaid card received the second most complaints. The most frequent complaint overall in this Hampden County region was incorrect information on a report.
|Complaint Product||Number of Complaints*|
|Credit reporting or credit repair services||12|
|Credit card or prepaid card||2|
|Checking or savings account||1|
|Payday loan, title loan, or personal loan||1|
|Complaint Issue||Number of Complaints*|
|Incorrect information on your report||5|
|Improper use of your report||4|
|Problem with a credit reporting company's investigation||4|
|Advertising and marketing, including promotional offers||1|
|Applying for a mortgage or refinancing an existing mortgage||1|