Springfield, MO · Missouri

Polk County

ZIP 65640

32,109 residents75 permits TTM$56,686 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$189,600

ACS 5-Year

Cap rate proxy

5.0%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.8%

HUD FMR ÷ ACS HHI

Net migration

+1.63%

IRS SOI

Permits (TTM)

75

Census BPS

Climate risk

54.5

FEMA NRI (0–100)

ZIP 65640

Median home value

Gross yield

Cap rate

5.0%

Rent gap

Affordability

P/I: 5.9R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown10 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
657275.0%
656015.0%
656744.1%
656134.1%
656405.0%

Ranked by composite score

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Demographics

Owner-occupied

71.3%

Census ACS

Vacancy rate

11.0%

Census ACS

Bachelor's degree +

21.0%

Census ACS

Rent burdened

43.7%

Census ACS (>30% income)

Median age

38.9

Census ACS

Data sources
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