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Holyoke city, MA
ZIP 01040 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Holyoke city, MA (01040)
Median Income
$51,892
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,791
Wealth inflow
Population
37,949
Unemployment
6.9%
3.2pp above US avg
IRS migration statistics show a net inflow of about 1,791 for ZIP 01040 (Holyoke city, MA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 01040 (2020–Present)
Since 2020, population declined 5.5%, median income rose 3.6% (inflation-adjusted), home values increased 9.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $51,892 |
| Unemployment | 6.9% |
| Establishments | 827 |
| Employees | 16,879 |