49503 ZIP Code – Grand Rapids, Michigan

ZIP code 49503 is a large ZIP code located in Grand Rapids, Michigan, within Kent County with a population of approximately 37,471 residents. Residents earn a median household income of $58,165, which is near the Michigan average and below the national figure. The median home value of $204,000 is below the national average, with 36.2% owner-occupied housing (decreasing). ; median rent of $1,116 is similarly near the national average. Housing consists of 42% single-family (decreasing), 35% apartments (increasing), 22% duplex/multi-family.

The unemployment rate is 4.6%, near the national average. The poverty rate of 22.3% is well above the U.S. average. Bachelor's degree attainment is 43.9%, well above the national average. The median age is 30.9, below the national median. ZIP codes in the surrounding area include 49507, 49506, 49505.

ZIP Code 49503 Data

Population 37,471
Median Household Income $58,165
Median Home Value $204,000
Median Rent $1,116
Median Age 30.9
Unemployment Rate 4.6%
Poverty Rate 22.3%
Bachelor's Degree or Higher 43.9%
County Kent County
State Michigan

ZIP 49503 vs. Michigan vs. U.S.

MetricZIP 49503MI Avg.U.S. Avg.
Population37k10k10k
Median Household Income$58k$68k$73k
Median Home Value$204k$190k$258k
Median Rent$1,116$949$1,088
Median Age30.944.743.2
Unemployment Rate4.6%5.6%5.0%
Poverty Rate22.3%12.5%13.3%
Bachelor's Degree or Higher43.9%25.8%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
49507 GRAND RAPIDS 39,899 $52,887
49506 GRAND RAPIDS 33,877 $106,971
49505 GRAND RAPIDS 32,325 $67,838
49504 GRAND RAPIDS 40,686 $64,317
49509 WYOMING 28,549 $59,941