Zip Code

48640

City

Midland, MI

Population & Migration

What is the forecasted population for Zip code 48640 Midland, MI?

Population census 2020
32,374
Forecasted population 2025
33,365
3.1% vs. 2020
Forecasted population 2030
33,791
4.4% vs. 2020

Zip code 48640 Midland, MI population is forecasted to decrease 3.1% by 2025 (-1.6 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 33,365 people for 2025 zip code 48640 Midland, MI will generate a good demand for housing, which is expected to have a deficit of 615 houses for 2030. Vacancy rate is 3.7 points below national US average.

Total homes available 2020
14,044
Estimated total home demand in 2030
14,659
Total homes balance inventory
615

Average Household Income in zip code 48640 Midland, MI
from Internal Revenue Service

Average household income in 2021
$94,528

Affordability

Affordability Index
2

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 48640 Midland, MI?

County total number of drinking water violations

31

-87%

232

County total number of drinking water contaminations

10

-55%

22

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