U.S. ZIP Code · MA01056
Hampden County · Springfield, MA
Appreciation
- 1-year
- +2.3%
- 5-year / yr
- +5.8%
- 10-year / yr
- +5.6%
Relative price
- vs U.S.
- +29.6%
- vs metro
- +9.7%
- vs state
- -39.8%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 01056 is worth $368,009 — 9.7% above the Springfield, MA median. Over the past year, values have risen 2.3%. The effective property tax rate is 1.6%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Hampden County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Moderate[4]
- Riverine flood
- Relatively High
- Coastal flood
- Not Applicable
- Wildfire
- Very Low
- Drought
- Relatively Low
- Heat wave
- Relatively Moderate
- Hurricane
- Relatively High
- Tornado
- Relatively Moderate
- Earthquake
- Relatively Moderate
- Winter weather
- Relatively Moderate
#Who lives here
#Migration
Household moves in and out of Hampden County over a year, from IRS tax-return data.
- Net migration
- -1,038[5]
- Moved in
- 6,895
- Moved out
- 7,933
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 4
- Elementary
- 2
- Middle
- 1
- High
- 1
Ludlow Senior High
High · Grades 9–12 · Ludlow
750 students
Harris Brook Elementary School
Elementary · Grades 2–5 · Ludlow
617 students
Paul R Baird Middle
Middle · Grades 6–8 · Ludlow
532 students
East Street Elementary School
Elementary · Grades PK–1 · Ludlow
359 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 01056?
- The typical home in 01056 is worth $368,009, based on the Zillow Home Value Index.
- Are home values rising in 01056?
- Home values in 01056 are up 2.3% over the past year, and up 5.8% a year over five years.
- What is the property tax rate in 01056?
- The effective property tax rate in 01056 is 1.6% — roughly $5,758 a year on a typical home.
- Who lives in 01056?
- ZIP code 01056 has a population of 20,904 and a median household income of $84,838.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Blandford CDP, MA
- Typical home
- $366,008
- Gross yield
- —
Holland CDP, MA
- Typical home
- $376,190
- Gross yield
- —
West Springfield Town, MA
- Typical home
- $359,297
- Gross yield
- 4.9%
Westfield, MA
- Typical home
- $383,782
- Gross yield
- 6.1%
Russell CDP, MA
- Typical home
- $346,725
- Gross yield
- —
Agawam Town, MA
- Typical home
- $344,868
- Gross yield
- —
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
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Pit ZIP 01056 against any other ZIP — full side-by-side table.
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