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ZIP Code 48640

Midland, Michigan

FIPS 48640

Juniper

ZIP Code 48640 is in the top 13% nationally for appreciation 1yr %. It also sits in the top 15% nationally for HPI growth 5yr %. And it sits in the top 37% nationally for price-to-income ratio.

Median Home Value

$200,700

Near the U.S. ZIP codes median

HPI Growth 5yr %

59%

Higher than 85% of U.S. ZIP codes

FEMA Risk Score

64.7

Near the U.S. ZIP codes median

The basics

Total Population

32,492

Median Age

40.2

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$200,700

Near median

Median Property Tax

$2,913

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.49

Lower than 63%

Median Rent

$954

Higher than 56%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

59%

Higher than 85%

Appreciation 1yr %

6.3%

Higher than 87%

Pandemic Gain %

47%

Recession Drop %

-11%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

79.9

Winter Avg Low (°F)

19.1

Avg Temperature (°F)

48

Hot Days/yr (>90°F)

10.1

Freezing Days/yr (<32°F)

135.9

Annual Precipitation (in)

33.4

Annual Snowfall (in)

49

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

64.7

Near median

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 48640: frequently asked questions

What is the median home value in ZIP Code 48640?
The median home value in ZIP Code 48640 is $200,700, near the U.S. ZIP codes median.
How much is property tax in ZIP Code 48640?
The median annual property tax in ZIP Code 48640 is $2,913, an effective rate of 1% of home value.
Is ZIP Code 48640 expensive to live in?
Homes in ZIP Code 48640 cost about 2.49× the median household income, lower than 63% of U.S. ZIP codes.
What is the average rent in ZIP Code 48640?
The median gross rent in ZIP Code 48640 is $954 a month, higher than 56% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 48640?
Home prices in ZIP Code 48640 have moved 59% over the past five years (6.3% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 48640?
ZIP Code 48640 averages 48°F year-round, summer highs near 79.9°F, winter lows around 19.1°F (NOAA 1991–2020 normals). It sees about 49 inches of snow a year.
Is ZIP Code 48640 at risk of flooding or natural disasters?
ZIP Code 48640's FEMA National Risk Index score is 64.7 (near the U.S. ZIP codes median). Its greatest modeled natural hazard is tornado.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →