Compare with
A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +0.0% YoY. inventory, +16.7% YoY, is the number to watch.
The median listing price is up 0.0% YoY while the median home got down 6.0% bigger, so value per square foot is down 13.8%.
U.S. Census ACS characteristics for ZIP 48640 itself, not its parent county.
Renters hold 25.0% of this ZIP's 13,722 occupied households, on a median household income of $81K.
| Measure | ZIP 48640 | Midland County | Difference |
|---|---|---|---|
| Median Household Income | $81K | $78K | +$3K |
| Below Poverty Level | 12.2% | 10.7% | +1.5% |
| Median Age | 40.20 | 41.80 | -1.60 |
| Total Population | 32,492 | 83,757 | -- |
| Avg Household Size | 2.33 | 2.36 | -0.03 |
| Owner-Occupied | 75.0% | 78.1% | -3.0% |
| Worked From Home | 13.1% | 12.0% | +1.1% |
| Mean Commute | 23.80 | 23.70 | +0.10 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.1% to 83,757: residents under 18 are down 0.9% and those 65 and over are up 2.4%.
County median household income is $78K, 10.7% of residents are below the poverty level, 12.0% work from home.