49505 Zip Code

April 26, 2024

Zip Code:	49505
City/Town:	Grand Rapids
State:	Michigan

Population:	31,216
Per Capita Income:	$23,540
Mean Household Income:	$57,935

Total Housing Units:	12,898
Median Home Value:	$94,400
Median Year Homes Built:	1955

Land Area:	8.9 sq miles 23.1 sq kilometers
Water Area:	0.2 sq miles 0.6 sq kilometers

Population Information (49505 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

31,216

Male:

15,056

48.2%

49.2%

Female:

16,160

51.8%

50.8%

Median Age:

35.3 yrs

37.2 yrs

Under 5 years:

2,499

8.0%

6.5%

5 to 9 years:

1,979

5.3%

6.6%

10 to 19 years:

3,450

11.1%

13.8%

20 to 29 years:

5,003

16.0%

13.8%

30 to 39 years:

4,488

14.4%

13.0%

40 to 49 years:

3,754

12.0%

14.2%

50 to 59 years:

3,945

12.6%

13.6%

60 to 69 years:

2,690

8.6%

9.4%

70 to 79 years:

1,706

5.5%

5.4%

80 years and over:

1,702

5.5%

3.7%

Housing Information (49505 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$94,400

$119,600

Median year homes build:

1955

1971

Median real estate taxes:

$1,176 / yr.

$1,334 / yr.

Median rent:

$508 / mo.

$519 / mo.

Total households:

12,898

Family households:

7,654

59.3%

66.4%

Nonfamily households:

5,244

40.7%

33.6%

Households with individuals under 18 years:

3,843

29.8%

33.4%

Households with individuals 65 years and over:

3,020

23.4%

24.9%

Average household size:

2.4

Average family size:

3.0

Total housing units:

13,970

Occupied housing units:

12,898

92.3%

88.6%

Vacant housing units:

1,072

7.7%

11.4%

For rent:

459

3.3%

3.1%

Rented, not occupied:

0.3%

0.2%

For sale only:

184

1.3%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.4%

3.5%

All other vacants:

304

2.2%

2.8%

Homeowner vacancy rate:

2.1%

2.4%

Rental vacancy rate:

9.4%

9.2%

Owner-occupied housing units:

8,491

Population in owner-occupied housing units:

20,542

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

4,407

Population in renter-occupied housing units:

9,749

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (49505 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

20,717

Less than 9th grade:

725

3.5%

6.2%

9th to 12th grade, no diploma:

2,272

11.0%

8.7%

High school graduate (includes equivalency):

5,834

28.2%

29.0%

Some college, no degree:

4,850

23.4%

20.6%

Associate degree:

1,838

8.9%

7.5%

Bachelor's degree:

3,545

17.1%

17.6%

Graduate or professional degree:

1,653

8.0%

10.3%

Percent high school graduate or higher:

85.5%

85.0%

Percent bachelor's degree or higher:

25.1%

27.9%

Income Information (49505 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:

11,162

35.8%

50.4%

Median income:

$29,151 / yr.

$27,932 / yr.

Full-time, year-round workers:

6,125

19.6%

59.7%

Median income:

$36,362 / yr.

$38,349 / yr.

Females 15 years and over with income:

11,957

38.3%

49.6%

Median income:

$17,768 / yr.

$16,327 / yr.

Full-time, year-round workers:

4,484

14.4%

40.3%

Median income:

$27,930 / yr.

$28,135 / yr.

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