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Area data

Midland, MI — ZIP 48640

Population: 32,492 (Census ACS)

The typical home value in ZIP 48640 (Midland, MI) is $248,636 — up 10.3% over the past year. Homes sell for a median $239,359 after a median 14 days on market. Typical rent runs $1,273/month. 15 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strong wind, winter weather, cold wave the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$248,636

Typical home value

+10.3%

1-year change

14

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Typical home value
$248,636
1-year appreciation
+10.3%
3-year appreciation
+19.5%
5-year appreciation
+35.5%
10-year appreciation
+95.3%
Peak value since 2000 (Aug 2026)
$248,636
House Price Index (state)
400.5 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$239,359
Median list price
$249,450
Median price per sqft
$147
1-year sale-price change
-0.3%
Median days on market
14 days
Homes sold (recent period)
85
For-sale inventory
102
Sale-to-list ratio
100.2%
Active listings
43
1-year forecast
+2.1%
Days to pending
21 days
New listings (monthly)
46

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,273/mo
1-year rent change
+8.2%
Studio fair-market rent
$920/mo
1BR fair-market rent
$936/mo
2BR fair-market rent
$1,205/mo
3BR fair-market rent
$1,498/mo
4BR fair-market rent
$1,790/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
15
Elementary schools
7
Middle schools
2
High schools
4
Charter schools
2
Avg student-teacher ratio
15.7 : 1
School districts serving the area
Windover High School, Academic and Career Education Academy, Bullock Creek School District
Schools include
Windover High School, Academic and Career Education Academy, Bullock Creek High School, Bullock Creek Elementary School, Floyd School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strong wind, winter weather, cold wave, hail, inland flooding
Notable hazard ratings (county)
strong wind: Relatively High · winter weather: Relatively High · hail: Relatively Moderate · tornado: Relatively Moderate · cold wave: Relatively Moderate · inland flooding: Relatively Moderate
Most common flood zone among NFIP claims
Zone AE
NFIP flood claims on record
498
Wildfire risk to homes (county)
Higher than 12% of US counties
Buildings in wildfire direct-exposure zone
58.7%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Gratiot County Landfill (18.3 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
47.0°F
Average high
57.0°F
Average low
37.0°F
Annual precipitation
34.5 in
Annual snowfall
39.3 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
7.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
14,599
Jobs reachable by transit (45 min)
10,936

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
17
Nearest airport
Jack Barstow Airport (7 mi)
Nearest major airport
MBS International Airport (MBS) (13 mi)
Hospitals in or near this ZIP
16
Hospitals include
MYMICHIGAN MEDICAL CENTER ALMA, MCLAREN BAY REGION, COVENANT MEDICAL CENTER
Avg hospital rating (CMS)
2.9 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+25 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1973
Housing built before 1970
44.3%
Housing built 2000 or later
12.3%
Median annual property tax
$2,913
Mean commute to work
21 min
Households with broadband internet
76.5%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
35,189
Average weekly wage
$1,388
Top industries (by employment)
Health Care, Management, Administrative Services
Annual residential building permits (county)
128

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 48640State medianUS median
Typical home value$248,636$242,800$288,527
Median sale price$239,359$265,000$325,000
Median days on market14 days36 days51 days
Typical rent$1,273/mo$1,505/mo$1,809/mo
Median annual property tax$2,913$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 48640?
$248,636.
What is the median sale price in ZIP 48640?
$239,359.
How long do homes take to sell in ZIP 48640?
Median days on market: 14 days.
What is typical rent in ZIP 48640?
Typical rent: $1,273/month.
What is the natural-hazard risk in ZIP 48640?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strong wind, winter weather, cold wave, hail, inland flooding.
Is ZIP 48640 in a flood zone?
Flood zones vary by property within ZIP 48640. 498 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is AE. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in ZIP 48640?
Risk to homes is higher than 12% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 48640?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 48640?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 48640?
15 schools (7 elementary, 2 middle, 4 high) (NCES, 2024-25).
Is ZIP 48640 walkable?
Walkability index: 7.8/20 (EPA Smart Location Database).
What is the cost of living in ZIP 48640?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

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