Midland, MI · Michigan
Midland County
83,641 residents121 permits TTM$77,538 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$184,300
ACS 5-Year
Cap rate proxy
6.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.1%
HUD FMR ÷ ACS HHI
Net migration
+1.65%
IRS SOI
Permits (TTM)
121
Census BPS
Climate risk
71.9
FEMA NRI (0–100)
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 48642 | — | — | — | 0.9 | — |
| 48618 | — | — | — | 0.9 | — |
| 48640 | — | — | — | 0.9 | — |
| 48657 | — | — | — | 0.9 | — |
| 48628 | — | — | — | 0.9 | — |
| 48620 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
78.2%
Census ACS
Vacancy rate
6.6%
Census ACS
Bachelor's degree +
36.3%
Census ACS
Rent burdened
47.3%
Census ACS (>30% income)
Median age
41.8
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026