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
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ZIP 49506 vs. Michigan vs. U.S.
| Metric | ZIP 49506 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 33k | 10k | 10k |
| Median Household Income | $106k | $68k | $73k |
| Median Home Value | $306k | $190k | $258k |
| Median Rent | $1,251 | $949 | $1,088 |
| Median Age | 33.4 | 44.7 | 43.2 |
| Unemployment Rate | 4.2% | 5.6% | 5.0% |
| Poverty Rate | 7.3% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 67.0% | 25.8% | 26.9% |
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Nearby ZIP Codes
- 49507 – Grand Rapids
- 49503 – Grand Rapids
- 49505 – Grand Rapids
- 49546 – Grand Rapids
- 49508 – Grand Rapids
- 49509 – Wyoming
- 49525 – Grand Rapids
- 49504 – Grand Rapids
- 49512 – Grand Rapids
- 49548 – Grand Rapids
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 |