ZIP comparison · Midland, MI

48628 vs 48640

Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.

MetricZIP48628MIZIP48640Midland, MI
Home value
Typical home value$220,594Better: $252,223
1-year appreciation+6.7%Better: +9.9%
5-year CAGR+3.9%Better: +7.4%
10-year CAGR+5.6%Better: +6.8%
Rent & investment
Monthly rent$1,545
Gross yield7.4%
Cap rate4.4%
Property tax
Effective tax rateBetter: 1.2%1.5%
Typical annual taxBetter: $2,702$3,710
Demographics
Population2,07632,492
Median household incomeBetter: $93,854$80,574
Climate & migration
Overall risk (FEMA NRI)Relatively LowRelatively Low
Net migration+10+10
Schools
Public schools15
Students enrolled6,173