Housing data for ZIP code 48642

ZIP code 48642 has an estimated 34,039 residents and 14,752 homes (US Census Bureau, 2020–2024 American Community Survey).

Most of its land lies in Larkin Charter Township, Midland County.

25.3% of households rent.

The median gross rent is $1,139 (±$48) a month.

The median home value is $207,400 (±$9,859).

The median household income is $77,847 (±$4,053) a year.

Figures last updated on .

Residents
34,039 (±1,157)
Median gross rent
$1,139
Median home value
$207,400
Households that rent
25.3%

How ZIP code 48642 compares

Estimate (90% margin of error)
ZIP 48642Larkin Charter TownshipMidland CountyMichiganUnited States
Residents34,039 (±1,157)5,37583,75710,077,761334,922,499
Housing units14,752 (±458)2,09537,1604,622,236143,775,355
Households that rent25.3% (±2.5 points)4.0%21.9%26.8%34.8%
Median gross rent$1,139 (±$48)$943$1,016$1,129$1,413
Median home value$207,400 (±$9,859)$382,500$195,400$231,600$332,700
Median household income$77,847 (±$4,053)$143,427$77,705$72,875$80,734
Median real estate taxes (a year)$3,253 (±$149)$4,249$2,875$2,904$3,119
Renters paying 30% or more of income52.9% (±7.8 points)48.3%50.9%50.4%51.1%
Built before 198057.5% (±4.0 points)40.0%58.4%62.1%49.7%
Average commute20.9 minutes (±1.3)19.2 minutes23.7 minutes24.2 minutes26.4 minutes
Households with broadband91.3% (±1.5 points)94.7%89.5%90.5%91.0%
Median age of residents40.6 years (±1.3)43.8 years41.8 years40.2 years38.9 years

In ZIP 48642, median gross rent is higher than in Midland County ($1,016).

It is not measurably different from Michigan ($1,129).

It is lower than the national figure ($1,413).

The median gross rent in ZIP code 48642 is not measurably different from Larkin Charter Township as a whole ($943).

Its median home value is lower than in Larkin Charter Township as a whole ($382,500).

Among the 5 ZIP codes in Midland County with a published estimate, ZIP 48642 ranks 2 from highest to lowest median gross rent.

Among the 6 ZIP codes in Midland County with a published estimate, ZIP 48642 ranks 2 from highest to lowest median home value.

Among the 6 ZIP codes in Midland County with a published estimate, ZIP 48642 ranks 4 from highest to lowest median household income.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Rent in ZIP code 48642

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentZIP 48642Midland CountyMichiganUnited States
Less than $5007.7% (±2.8 points)8.8%8.3%6.3%
$500 to $99925.9% (±5.5 points)39.7%30.1%20.2%
$1,000 to $1,49947.3% (±6.4 points)36.3%38.4%28.1%
$1,500 to $1,99912.7% (±4.7 points)10.5%15.1%21.1%
$2,000 to $2,4992.4% (±1.5 points)2.5%5.0%12.0%
$2,500 to $2,9990.0% (±0.9 points)0.2%1.4%5.5%
$3,000 or more3.9% (±2.4 points)2.0%1.7%6.8%

The most common range is $1,000 to $1,499, paid by 47.3% of renting households.

Rent by bedrooms in ZIP code 48642

Median gross rent by number of bedrooms, estimate (90% margin of error)
BedroomsCensus median
Studio$732 (±$253)
1 bedroom$910 (±$304)
2 bedrooms$1,173 (±$52)
3 bedrooms$1,283 (±$140)
4 bedrooms$1,746 (±$289)

Rent burden in ZIP code 48642

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentZIP 48642Midland CountyMichiganUnited States
Less than 15%13.2% (±3.9 points)16.7%13.5%12.6%
15% to 19.9%14.0% (±4.2 points)12.9%12.2%12.2%
20% to 24.9%10.3% (±4.8 points)9.2%12.4%12.6%
25% to 29.9%9.6% (±3.2 points)10.3%11.5%11.5%
30% to 34.9%5.8% (±3.5 points)6.6%9.0%9.2%
35% or more47.1% (±7.0 points)44.3%41.4%41.9%

52.9% (±7.8 points) of renting households in ZIP code 48642 spend 30% or more of their income on gross rent.

Home values in ZIP code 48642

Owner-occupied homes by value, 2020–2024
ValueZIP 48642Midland CountyMichiganUnited States
Less than $50,0007.4% (±1.7 points)6.6%7.6%5.3%
$50,000 to $99,9997.6% (±2.0 points)9.5%9.2%6.1%
$100,000 to $149,99915.1% (±2.8 points)16.3%10.6%6.8%
$150,000 to $199,99917.7% (±2.9 points)19.1%14.1%9.0%
$200,000 to $299,99924.9% (±2.8 points)24.4%23.4%17.8%
$300,000 to $499,99919.3% (±2.7 points)18.9%24.1%26.9%
$500,000 to $999,9996.8% (±1.7 points)4.8%9.2%20.9%
$1,000,000 or more1.2% (±1.0 points)0.5%1.6%7.1%

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

The homes in ZIP code 48642

Housing units by units in structure, 2020–2024
Building typeZIP 48642Midland CountyMichiganUnited States
Single-family, detached73.0% (±2.3 points)75.3%72.0%61.3%
Single-family, attached (townhouse, rowhouse)2.5% (±0.8 points)3.4%4.8%6.2%
2 units1.6% (±0.6 points)1.3%2.2%3.4%
3 or 4 units1.7% (±0.7 points)1.2%2.6%4.3%
5 to 9 units3.1% (±1.1 points)3.1%4.1%4.5%
10 to 19 units3.7% (±1.0 points)3.1%3.5%4.3%
20 or more units6.7% (±1.5 points)5.0%5.6%10.3%
Mobile home7.7% (±1.5 points)7.6%5.0%5.6%
Boat, RV, van, etc.0.0% (±0.2 points)0.0%0.0%0.1%

When the homes in ZIP code 48642 were built

Housing units by year structure built, 2020–2024
Year builtZIP 48642Midland CountyMichiganUnited States
2020 or later1.4% (±0.5 points)1.1%1.0%2.0%
2010 to 20199.8% (±1.6 points)6.6%4.9%9.4%
2000 to 20095.5% (±1.0 points)7.8%10.3%13.6%
1990 to 199914.2% (±2.1 points)14.5%12.1%12.4%
1980 to 198911.5% (±1.9 points)11.6%9.7%12.9%
1970 to 197917.8% (±2.0 points)18.6%14.9%14.2%
1960 to 196915.2% (±2.3 points)13.6%11.5%9.9%
1950 to 195914.9% (±1.9 points)12.5%14.2%9.5%
1940 to 19496.0% (±1.5 points)5.6%6.9%4.4%
1939 or earlier3.6% (±1.0 points)8.1%14.6%11.7%

57.5% of the homes in ZIP code 48642 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 48642

Occupied housing units by house heating fuel, 2020–2024
Fuel used mostZIP 48642Midland CountyMichiganUnited States
Utility gas73.4% (±2.9 points)65.5%74.9%46.5%
Fuel oil, kerosene, etc.0.4% (±0.3 points)0.7%0.8%3.9%
Electricity16.7% (±2.6 points)12.7%12.1%41.3%
Bottled or tank gas (propane)7.0% (±1.4 points)15.9%8.7%4.9%
Wood1.9% (±0.6 points)4.1%2.2%1.4%
Solar energy0.0% (±0.2 points)0.0%0.0%0.3%
Coal or coke0.0% (±0.2 points)0.0%0.0%0.1%
Other fuel0.4% (±0.3 points)0.8%0.8%0.5%
No fuel used0.2% (±0.2 points)0.3%0.5%1.2%

How people in ZIP code 48642 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportationZIP 48642Midland CountyMichiganUnited States
Drove alone79.1% (±2.3 points)77.4%74.3%68.8%
Carpooled5.4% (±1.4 points)8.0%7.9%8.5%
Public transportation0.5% (±0.4 points)0.6%0.9%3.2%
Walked0.9% (±0.5 points)1.2%2.0%2.4%
Other means (bicycle, taxi, motorcycle)0.9% (±0.8 points)0.8%1.4%2.0%
Worked from home13.2% (±1.8 points)12.0%13.5%15.1%

Workers who live in ZIP code 48642 take an average of 20.9 minutes to get to work.

Places in ZIP code 48642

Places whose land overlaps this ZIP code, with the share of the ZIP’s land in each
PlaceShare of the ZIP’s land in this placeMedian gross rentHouseholds that rent
Larkin Charter Township31%$9434.0%
Mills Township (Midland County)22%$1,2084.8%
Midland16%$1,04832.9%
Lincoln Township (Midland County)14%$5198.7%
Beaver Township (Bay County)12%$1,44510.7%

A township or a New York town includes the villages inside it, so their shares can add up to more than the whole.

ZIP codes near 48642

Nearest ZIP codes with Census figures, by straight-line distance between their internal points
ZIP codeDistanceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
486286.6 mi$1,500$215,600$93,8547.6%
486118.4 mi$933$177,100$87,96316.8%
486579.4 mi$995$184,600$72,50011.4%
486409.8 mi$954$200,700$80,57425.0%
4865210 mi—$171,800$69,7661.6%
4862010 mi—$123,100$99,23115.8%
4863411 mi$751$167,400$87,9922.8%
4863112 mi$820$172,200$74,39822.4%

ZIP code 48642 is reported as ZIP Code Tabulation Area 48642: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about ZIP 48642

What is the median rent in ZIP code 48642?

The median gross rent in ZIP Code Tabulation Area 48642 is $1,139 (±$48) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 48642?

The median value of owner-occupied homes in ZIP code 48642 is $207,400 (±$9,859) (2020–2024 American Community Survey).

What is the median household income in ZIP code 48642?

The median household income in ZIP code 48642 is $77,847 (±$4,053) a year (2020–2024 American Community Survey).

What town is ZIP code 48642 in?

Most of ZIP code 48642’s land lies in Larkin Charter Township; it also covers Mills Township (Midland County), Midland, Lincoln Township (Midland County), Beaver Township (Bay County).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 48642 (zip code tabulation area:48642).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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