Grand Rapids (49506) in Michigan Real Estate, Demographics, Mortgage and Jobs

USA	Michigan	Grand Rapids

Grand Rapids, MI 49506

Grand Rapids (49506) has an estimated 31,354 residents with 30,427 of those people in approximately 11,658 housing units. The 49506 zipcode contains 6,474 housing units that are owned with a mortgage or a loan, 2,067 housing units that are owned free and clear and 3,117 housing units that are renter occupied.

In Grand Rapids (49506) the median listing price of $299,450 has dereased by $10,450 since 2018-10.

In 2018 the average percentage drop was 3.59% of original listing price.

Zip code 49506 is in the Grand Rapids-Wyoming metropolitan area.
The median estimated home value in Grand Rapids, MI (49506) is $244,000 as of 2018-10-31

The Zillow Market Health Index for Grand Rapids, MI (49506) is 5.36. The corresponding state value is 6.27. This is lower than the overall Market Health Index of Michigan.
Metro value is 7.65.
This is lower than the overall Market Health Index of GrandRapids-Wyoming.

Current Weather in GrandRapids Created 18 Mar 14:53 pm EDT in Grand Rapids, MI
	Slight Chance Rain/Snow A slight chance of rain and snow showers after 4pm. Partly sunny, with a high near 42. West wind around 11 mph. Chance of precipitation is 10%.

Demographics of Grand Rapids zipcode 49506
The median age here is 34.10. This age is 89.7% the national median age.
This population is younger than the national average.
The number of male residents is 15,825 with a median age of 33.30 years. The number of female residents is 17,225 with a median age of 35.00 years. This yields a ♂ to ♀ ratio of 0.92
The average household is 2.59 persons and has an income of $96,348.
The average family size in Grand Rapids is 2.87.
Area Code: 616
Time zone: Eastern USA
Region: Midwest - East North Central
Has Daylight Saving: Yes
Businesses: 691
Employment: 10,610
Medicare Area: Grand Rapids-Kentwood, MI
County: KENT

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