Grand Rapids, MI · standard
ZIP Code 49506
Kent County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 31,354
- 1,662/sq mi High-density area
- $118,131
- Median income Above-median income area
- $375,000
- Median home value Above-median home value
- 67.6%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Grand Rapids pairs a top-decile household income with upper-quartile home values, in a low-density, homeowner-dominated area.
- Top 10%
- household income, US ZIPs
- Top 23%
- home value, US ZIPs
- 1,662
- people per sq mi
- 75%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 49506 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 49506 (Grand Rapids, MI) rose +8.3% from 2023 to 2024. The all-transactions index moved from 265.4 in 2023 to 287.4 in 2024 (2000 = 100).
ZIP code 49506 is a densely settled ZIP (a standard USPS delivery area) in Grand Rapids, Kent County, Michigan, with 31,354 residents across 18.9 square miles, a density of 1,662 people per square mile, in the Detroit time zone.
ZIP 49506 skews affluent, with a median household income of $118,131 (61% above the average Michigan ZIP), while per-capita income is $56,571. The poverty rate is 7.7%, with unemployment at 4.1%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $375,000 (71% above the average Michigan ZIP), while 75.1% of occupied homes are owner-occupied and median rent is $1,359.
This is a highly-educated ZIP: 67.6% of adults hold a bachelor's degree or higher, the median age is 33.2, and the average commute is 19 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Kent County, so 49506 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 49506
Top 5 sectors by establishment count in Grand Rapids, MI
Which industries have the most business establishments in ZIP 49506.
- Health care and social assistance
Health care and social assistance
119 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
111 establishments
- Retail trade
Retail trade
90 establishments
- Other services (except public administration)
Other services (except public administration)
83 establishments
- Accommodation and food services
Accommodation and food services
74 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 49506, Grand Rapids, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
31,354
Population
18.9
Area (sq mi)
1,662
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 49506?
33.2
Median Age
50.0%
Male
50.0%
Female
4.7%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$118,131
Median Household Income
+61% vs state ZIP avg
$56,571
Per Capita Income
7.7%
Poverty Rate
4.1%
Unemployment Rate
18.7 min
Mean Commute Time
How ZIP 49506 ranks nationally
Grand Rapids, MI household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$118,131 Top 10% higher than 90% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
13,029housing units
13,029
Total Housing Units
12,532
Occupied Units
497
Vacant Units
2.70
Avg Household Size
Occupancy Type
$375,000
Median Home Value
+71% vs state ZIP avg
$1,359
Median Rent
1953
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+8.3%
YoY Change (2024)
287
HPI Index (2000 = 100)
+187%
Total Change Since 2000
Home values in ZIP 49506 have increased 8.3% over the past year (2024). Since 2000, this ZIP has seen +187% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.8% | 191 |
| 2021 | +12.9% | 216 |
| 2022 | +14.3% | 247 |
| 2023 | +7.5% | 265 |
| 2024 | +8.3% | 287 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 744 business establishments in ZIP 49506, employing approximately 11,608 people with a combined annual payroll of $542,123,000.
744
Businesses
11,608
Employees
$542.1M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 119 | 16.0% |
| Professional, scientific, and technical services | 111 | 14.9% |
| Retail trade | 90 | 12.1% |
| Other services (except public administration) | 83 | 11.2% |
| Accommodation and food services | 74 | 9.9% |
| Real estate and rental and leasing | 47 | 6.3% |
| Finance and insurance | 44 | 5.9% |
| Construction | 32 | 4.3% |
| Wholesale trade | 29 | 3.9% |
| Administrative and support and waste management and remediation services | 28 | 3.8% |
| Information | 24 | 3.2% |
| Educational services | 23 | 3.1% |
| Manufacturing | 17 | 2.3% |
| Arts, entertainment, and recreation | 12 | 1.6% |
| Transportation and warehousing | 5 | 0.7% |
| Management of companies and enterprises | 4 | 0.5% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 49506 vs 49507 →
ZIP 49506 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 49504
Grand Rapids (49504)
39,994 residents
- 49508
Grand Rapids (49508)
39,148 residents
- 49503
Grand Rapids (49503)
35,940 residents
- 49507
Grand Rapids (49507)
35,459 residents
- 49546
Grand Rapids (49546)
31,880 residents
- 49506
Grand Rapids (49506)
31,354 residents
- 49505
Grand Rapids (49505)
31,216 residents
- 49548
Grand Rapids (49548)
30,524 residents
- 49525
Grand Rapids (49525)
27,383 residents
What this shows Among its immediate neighbors, ZIP 49506 ranks #6 by population - useful context the national average alone can't give.
ZIP 49506 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 49506
Grand Rapids (49506)
$118,131 median income
- 49546
Grand Rapids (49546)
$99,343 median income
- 49525
Grand Rapids (49525)
$94,037 median income
- 49505
Grand Rapids (49505)
$74,906 median income
- 49512
Grand Rapids (49512)
$71,329 median income
- 49508
Grand Rapids (49508)
$70,120 median income
- 49504
Grand Rapids (49504)
$70,119 median income
- 49509
Wyoming (49509)
$65,132 median income
- 49503
Grand Rapids (49503)
$64,661 median income
What this shows By household income, ZIP 49506 ranks the highest of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 49507 | Grand Rapids, MI | 35,459 | 2.3 mi |
| 49503 | Grand Rapids, MI | 35,940 | 2.6 mi |
| 49505 | Grand Rapids, MI | 31,216 | 3.9 mi |
| 49508 | Grand Rapids, MI | 39,148 | 5.0 mi |
| 49546 | Grand Rapids, MI | 31,880 | 4.1 mi |
| 49525 | Grand Rapids, MI | 27,383 | 5.4 mi |
| 49548 | Grand Rapids, MI | 30,524 | 5.8 mi |
| 49509 | Wyoming, MI | 26,720 | 5.2 mi |
| 49504 | Grand Rapids, MI | 39,994 | 5.4 mi |
| 49512 | Grand Rapids, MI | 15,448 | 5.6 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 49506, both outside MI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (31,354 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Kent County
Related Areas
Frequently Asked Questions
What county is ZIP code 49506 in?
ZIP code 49506 (Grand Rapids) is located in Kent County, Michigan. Kent County contains multiple ZIP codes, see the full list at /counties/kent-mi.
What is the population of ZIP code 49506?
ZIP code 49506 in Grand Rapids, MI has a population of 31,354 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 49506?
The median household income in ZIP 49506 is $118,131, which is 55% above the national average of $76,288.
What is the average home value in ZIP 49506?
The median home value in ZIP 49506 is $375,000, which is 35% above the national average of $278,155.
What is the demographic makeup of ZIP 49506?
The largest racial group in ZIP 49506 is White at 77.7%. Hispanic or Latino residents make up 4.4% of the population.
How many businesses are in ZIP code 49506?
ZIP code 49506 has 744 business establishments employing approximately 11,608 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 49506?
The top industries by establishment count in ZIP 49506 are: Health care and social assistance (119), Professional, scientific, and technical services (111), Retail trade (90). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 49506?
According to the FHFA House Price Index, home values in ZIP 49506 increased by 8.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 187%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 49506?
In ZIP code 49506, 78.6% of residents aged 25+ have a high school diploma or higher, and 67.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 49506?
The mean commute time for workers in ZIP code 49506 is 18.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 49506?
In ZIP code 49506, approximately 75.1% of occupied housing units are owner-occupied and 24.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 49506?
The poverty rate in ZIP code 49506 is 7.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 49506's numbers, next.
- See how ZIP 49506 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Grand Rapids, MI ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.