Zip code 48640 in Midland, Michigan, encompasses an area of 108.41 square miles and had a population of 32,013 in 2022. The estimated housing inventory for this zip code is approximately 12,266 units, based on the national average household size of 2.61. The Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory in this zip code consists of 23 total units, all of which are designated as low-income units. These LIHTC funded affordable housing units represent about 0.19% of the estimated housing inventory in this zip code.

The zip code has approximately 4 LIHTC funded projects. The earliest recorded project completion was in 1999, with Grove Street Commons Phase I and Phase II both completed that year. The most recent recorded project completion was Chippewassee Court Phase I in 2003. This indicates that affordable housing has been present in this zip code for at least 24 years. The 1990s saw the most affordable housing activity, with two projects completed in 1999. The distribution of unit sizes shows 11 two-bedroom units and 12 three-bedroom units, suggesting a focus on accommodating families or larger households.

Over the past decade, the population in this zip code has remained relatively stable, fluctuating between approximately 31,300 and 32,200 residents. The median income has shown an overall upward trend, increasing from $63,323 in 2017 to $72,877 in 2022, with a peak of $83,021 in 2021. Racial demographics have remained fairly consistent, with the white population comprising the majority at around 90-91% throughout the decade. There has been a slight increase in Hispanic representation, growing from 2% in 2013 to 4% in 2022. The Asian, Black, and multiracial populations have remained relatively stable, each representing 1-2% of the population.