49506 ZIP Code – Grand Rapids, Michigan

49506 is a ZIP code serving Grand Rapids, Michigan in Kent County with a population of approximately 33,877 residents. Residents earn a median household income of $106,971, which is well above the Michigan average and above the national figure. At $306,400, median home values run above the national average, with 75.1% owner-occupied housing (increasing). . Median rent is $1,251, which is near the U.S. average. Housing consists of 82% single-family (increasing), 10% apartments (decreasing), 8% duplex/multi-family.

Unemployment stands at 4.2%, which is below the U.S. rate. About 7.3% of residents live below the poverty line, well below the national rate. An estimated 67.0% of adults hold a bachelor's degree or higher, well above the national average. Residents have a median age of 33.4, below the U.S. median. ZIP codes in the surrounding area include 49507, 49503, 49505.

ZIP Code 49506 Data

Population 33,877
Median Household Income $106,971
Median Home Value $306,400
Median Rent $1,251
Median Age 33.4
Unemployment Rate 4.2%
Poverty Rate 7.3%
Bachelor's Degree or Higher 67.0%
County Kent County
State Michigan

ZIP 49506 vs. Michigan vs. U.S.

MetricZIP 49506MI Avg.U.S. Avg.
Population33k10k10k
Median Household Income$106k$68k$73k
Median Home Value$306k$190k$258k
Median Rent$1,251$949$1,088
Median Age33.444.743.2
Unemployment Rate4.2%5.6%5.0%
Poverty Rate7.3%12.5%13.3%
Bachelor's Degree or Higher67.0%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
49503 GRAND RAPIDS 37,471 $58,165
49505 GRAND RAPIDS 32,325 $67,838
49546 GRAND RAPIDS 34,308 $92,095
49508 GRAND RAPIDS 42,515 $62,183