49503 Zip Code

April 20, 2024

Zip Code:	49503
City/Town:	Grand Rapids
State:	Michigan

Population:	35,940
Per Capita Income:	$20,556
Mean Household Income:	$49,274

Total Housing Units:	14,677
Median Home Value:	$79,100
Median Year Homes Built:	1940

Land Area:	7.2 sq miles 18.6 sq kilometers
Water Area:	0.2 sq miles 0.5 sq kilometers

Population Information (49503 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

35,940

Male:

18,434

51.3%

49.2%

Female:

17,506

48.7%

50.8%

Median Age:

29.0 yrs

37.2 yrs

Under 5 years:

2,687

7.5%

6.5%

5 to 9 years:

2,250

6.3%

6.6%

10 to 19 years:

4,173

11.6%

13.8%

20 to 29 years:

9,674

26.9%

13.8%

30 to 39 years:

5,357

14.9%

13.0%

40 to 49 years:

4,057

11.3%

14.2%

50 to 59 years:

3,750

10.4%

13.6%

60 to 69 years:

2,105

5.9%

9.4%

70 to 79 years:

931

2.6%

5.4%

80 years and over:

956

2.7%

3.7%

Housing Information (49503 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$79,100

$119,600

Median year homes build:

1940

1971

Median real estate taxes:

$985 / yr.

$1,334 / yr.

Median rent:

$439 / mo.

$519 / mo.

Total households:

14,677

Family households:

6,294

42.9%

66.4%

Nonfamily households:

8,383

57.1%

33.6%

Households with individuals under 18 years:

3,610

24.6%

33.4%

Households with individuals 65 years and over:

1,919

13.1%

24.9%

Average household size:

2.3

Average family size:

3.3

Total housing units:

16,632

Occupied housing units:

14,677

88.2%

88.6%

Vacant housing units:

1,955

11.8%

11.4%

For rent:

855

5.1%

3.1%

Rented, not occupied:

0.3%

0.2%

For sale only:

290

1.7%

1.4%

Sold, not occupied:

0.4%

0.3%

For seasonal, recreational, or occasional use:

0.5%

3.5%

All other vacants:

610

3.7%

2.8%

Homeowner vacancy rate:

4.7%

2.4%

Rental vacancy rate:

8.8%

9.2%

Owner-occupied housing units:

5,878

Population in owner-occupied housing units:

14,877

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

8,799

Population in renter-occupied housing units:

18,735

Average household size of renter-occupied units:

2.1

2.44

Educational Attainment (49503 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

20,959

Less than 9th grade:

1,901

9.1%

6.2%

9th to 12th grade, no diploma:

3,157

15.1%

8.7%

High school graduate (includes equivalency):

5,028

24.0%

29.0%

Some college, no degree:

4,691

22.4%

20.6%

Associate degree:

1,311

6.3%

7.5%

Bachelor's degree:

3,237

15.4%

17.6%

Graduate or professional degree:

1,634

7.8%

10.3%

Percent high school graduate or higher:

75.9%

85.0%

Percent bachelor's degree or higher:

23.2%

27.9%

Income Information (49503 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

12,582

35.0%

50.4%

Median income:

$21,006 / yr.

$27,932 / yr.

Full-time, year-round workers:

6,337

17.6%

59.7%

Median income:

$30,271 / yr.

$38,349 / yr.

Females 15 years and over with income:

11,530

32.1%

49.6%

Median income:

$14,934 / yr.

$16,327 / yr.

Full-time, year-round workers:

4,164

11.6%

40.3%

Median income:

$25,916 / yr.

$28,135 / yr.

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