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
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ZIP 49503 vs. Michigan vs. U.S.
| Metric | ZIP 49503 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 37k | 10k | 10k |
| Median Household Income | $58k | $68k | $73k |
| Median Home Value | $204k | $190k | $258k |
| Median Rent | $1,116 | $949 | $1,088 |
| Median Age | 30.9 | 44.7 | 43.2 |
| Unemployment Rate | 4.6% | 5.6% | 5.0% |
| Poverty Rate | 22.3% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 43.9% | 25.8% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 49507 – Grand Rapids
- 49506 – Grand Rapids
- 49505 – Grand Rapids
- 49504 – Grand Rapids
- 49509 – Wyoming
- 49525 – Grand Rapids
- 49519 – Wyoming
- 49508 – Grand Rapids
- 49548 – Grand Rapids
- 49534 – Grand Rapids
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 |