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Data updated 2026-10-07

ZIP Code 01342 · Deerfield, MA

Franklin County · pop 1,267 · ACS 2020–2024

The median household income in ZIP Code 01342 (Deerfield, MA) is $109,205, higher than 45% of the other ZIP Codes in Massachusetts.

Per FHFA’s index for Franklin County, home prices changed +59.6% over the five years to 2025.

01 — Where it stands

$109,205
Median household income
± $71,397 MOE
LOW RELIABILITY
$443,000
Median home value
± $84,423 MOE
$1,698
Median gross rent
13.3%
Poverty rate
Percentiles for ZIP Code 01342 within Franklin County, Massachusetts and the U.S.
MeasureValueCounty percentileState percentileU.S. percentile
Median household income$109,205 ± $71,397LOW RELIABILITY94th percentile (18 ZIP Codes compared)45th percentile (466 ZIP Codes compared)84th percentile (22,922 ZIP Codes compared)
Per capita income$57,91588th percentile (18 ZIP Codes compared)54th percentile (466 ZIP Codes compared)86th percentile (22,922 ZIP Codes compared)
Poverty rate13.3%82nd percentile (18 ZIP Codes compared)83rd percentile (466 ZIP Codes compared)61st percentile (22,922 ZIP Codes compared)
Adults with a bachelor’s degree or higher68.3%100th percentile (18 ZIP Codes compared)80th percentile (466 ZIP Codes compared)95th percentile (22,922 ZIP Codes compared)
Owner-occupied homes70.2%23rd percentile (18 ZIP Codes compared)34th percentile (466 ZIP Codes compared)34th percentile (22,922 ZIP Codes compared)
Housing vacancy rate16.6%88th percentile (18 ZIP Codes compared)84th percentile (466 ZIP Codes compared)75th percentile (22,922 ZIP Codes compared)
Median home value$443,000 ± $84,42394th percentile (18 ZIP Codes compared)32nd percentile (465 ZIP Codes compared)80th percentile (22,833 ZIP Codes compared)
Median gross rent$1,69888th percentile (18 ZIP Codes compared)52nd percentile (466 ZIP Codes compared)81st percentile (22,865 ZIP Codes compared)
Income inequality (Gini index)0.3420th percentile (18 ZIP Codes compared)3rd percentile (466 ZIP Codes compared)4th percentile (22,922 ZIP Codes compared)
Average adjusted gross income per return$110,60794th percentile (18 ZIP Codes compared)60th percentile (455 ZIP Codes compared)85th percentile (22,230 ZIP Codes compared)
Returns with AGI of $200,000 or more7.2%76th percentile (18 ZIP Codes compared)36th percentile (455 ZIP Codes compared)73rd percentile (22,230 ZIP Codes compared)
Business establishments per 1,000 residents24.576th percentile (18 ZIP Codes compared)54th percentile (464 ZIP Codes compared)67th percentile (22,700 ZIP Codes compared)
Average annual pay per employee$63,08794th percentile (18 ZIP Codes compared)62nd percentile (464 ZIP Codes compared)82nd percentile (22,551 ZIP Codes compared)

Percentile groups: Franklin County · Massachusetts · U.S. Hover a percentile for the number of ZIP Codes compared. MOE = 90% margin of error.

02 — Home prices

+9.6%
1-year change, Franklin County
2024–2025
+59.6%
5-year change, Franklin County
2020–2025
+90.9%
10-year change, Franklin County
2015–2025

Home price index — Franklin County

Home price index, Franklin County, 2000–2025Line chart of the annual home price index: 100.0 in 2000 and 282.4 in 2025. Every value is listed in the data table below the chart.100150200250300200020052010201520202025282.4

FHFA does not publish a ZIP-level index for this area; the chart shows the Franklin County index. FHFA county index (2000 = 100) — annual, developmental, not seasonally adjusted.

Data table
Home price index by year, Franklin County
YearIndexAnnual change
2000100.0+9.6%
2001103.9+3.9%
2002114.6+10.4%
2003123.6+7.8%
2004142.7+15.5%
2005161.7+13.3%
2006168.1+4.0%
2007165.8−1.4%
2008159.5−3.8%
2009154.9−2.9%
2010151.7−2.1%
2011148.9−1.8%
2012145.7−2.2%
2013147.6+1.3%
2014145.7−1.3%
2015148.0+1.6%
2016150.0+1.4%
2017155.4+3.6%
2018166.8+7.3%
2019169.1+1.4%
2020176.9+4.6%
2021200.4+13.3%
2022222.1+10.8%
2023246.0+10.8%
2024257.7+4.8%
2025282.4+9.6%

03 — Nearby ZIP Codes

ZIP Code 01342 and nearby ZIP Codes
ZIPPlaceDistanceMedian household incomeMedian home valuePoverty rate5-yr HPI change
01342Deerfield, MAthis ZIP Code$109,205$443,00013.3%—
01351Montague, MA4.5 mi$98,229$346,90010.5%+46.6%
01376Turners Falls, MA4.7 mi$55,652$249,40011.6%+50.3%
01373South Deerfield, MA4.7 mi$106,413$413,5006.4%+47.3%
01347Lake Pleasant, MA5.2 mi$72,467$180,8000.0%+56.2%
01341Conway, MA5.3 mi$97,417$396,4004.3%+20.9%
01301Greenfield, MA5.7 mi$56,176$265,30015.1%+64.0%

Up to six nearest ZIP Code Tabulation Areas within 30 miles, by straight-line distance between Census center points (2024 Gazetteer).

04 — Business mix

31
Establishments
899
Employees
$56.7M
Annual payroll
$63,087
Average pay per employee
Establishments by sector, ZIP Code 01342
SectorEstablishmentsShare of ZIPU.S. shareRelative concentration
Other services516.1%9.5%1.7×
Retail trade412.9%12.4%1.0×
Manufacturing39.7%3.3%3.0×
Professional, scientific & technical services39.7%11.7%0.8×
Educational services39.7%1.3%7.4×
Health care & social assistance39.7%11.9%0.8×

Counts are establishments (business locations), not jobs. Relative concentration = the sector’s share of establishments here divided by its share in the U.S. (1.0× = the same share). Average pay is shown only where at least 20 employees are reported. ZIP Code Business Patterns 2023.

05 — About this data

How percentiles are calculated

Percentiles compare this ZIP Code with other ZIP Codes in the same county, the same state and the whole country. Only ZIP Codes with their own American Community Survey estimate, a population of at least 1,000 and a published median household income are compared, and only those with a value for the measure. A percentile of 64th means the value is higher than 64% of the other ZIP Codes in that group (0 is the lowest value, 100 the highest); it describes the size of a number, not a judgment about the area. County and state percentiles are left blank when the group has fewer than 5 ZIP Codes. The number of ZIP Codes compared is shown with each percentile.

Census figures are published for ZIP Code Tabulation Areas, which approximate USPS ZIP Code delivery areas; values shown as — are not published or are suppressed by the source.

Use of this page

Area statistics only. These figures describe a ZIP Code area — not any person or household — and do not rate the area or the people who live there. CoverFi is not a consumer reporting agency; do not use this page to make decisions about credit, insurance, employment or housing.

Sources

  1. U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, ZIP Code Tabulation Areas. Estimates are survey-based and have margins of error.
  2. U.S. Census Bureau, ZIP Code Business Patterns 2023 (establishment counts by NAICS sector; employment and payroll totals).
  3. Federal Housing Finance Agency, House Price Index for five-digit ZIP Codes, census tracts and counties — annual, developmental, not seasonally adjusted.
  4. IRS Statistics of Income, Individual Income Tax ZIP Code Data, tax year 2022.
  5. U.S. Census Bureau, 2024 Gazetteer Files (ZCTA locations, used for nearby ZIP Codes).
  6. HUD USPS ZIP Code Crosswalk Files (ZIP-to-tract and ZIP-to-county assignment).

This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. This product uses the HUD User Data API but is not endorsed or certified by HUD User. ZIP Code Tabulation Areas are Census approximations of USPS ZIP Code delivery areas and may not match them exactly. ZIP Code is a trademark of the United States Postal Service.