ZIP comparison · Midland, MI
48640 vs 48642
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.
| Metric | ZIP48640Midland, MI | ZIP48642Midland, MI |
|---|---|---|
| Home value | ||
| Typical home value | $252,223 | Better: $256,179 |
| 1-year appreciation | Better: +9.9% | +5.9% |
| 5-year CAGR | Better: +7.4% | +6.0% |
| 10-year CAGR | Better: +6.8% | +5.7% |
| Rent & investment | ||
| Monthly rent | Better: $1,545 | $1,621 |
| Gross yield | 7.4% | Better: 7.6% |
| Cap rate | 4.4% | Better: 4.6% |
| Property tax | ||
| Effective tax rate | 1.5% | Better: 1.3% |
| Typical annual tax | $3,710 | Better: $3,452 |
| Demographics | ||
| Population | 32,492 | 34,039 |
| Median household income | Better: $80,574 | $77,847 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Low |
| Net migration | +10 | +10 |
| Schools | ||
| Public schools | 15 | 6 |
| Students enrolled | 6,173 | 3,261 |