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
- $118,131
- Median income
- $375,000
- Median home value
- 67.6%
- Bachelor's or higher
The verdict
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.
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 Michigan average), while per-capita income is $56,571. Local economic indicators show a 7.7% poverty rate alongside 4.1% unemployment. Housing costs here run $375,000 for a typical home value (71% above the state average), with rent averaging $1,359 a month; 75.1% of homes are owner-occupied.
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. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 49506, plus 6 more within Kent County, give a clearer read than the national average alone.
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
$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?
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
$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 |
More ZIP Codes in Kent County
Related Areas
Frequently Asked Questions
What county is ZIP code 49506 in? ▼
What is the population of ZIP code 49506? ▼
What is the median household income in ZIP 49506? ▼
What is the average home value in ZIP 49506? ▼
What is the demographic makeup of ZIP 49506? ▼
How many businesses are in ZIP code 49506? ▼
What are the main industries in ZIP code 49506? ▼
How have home values changed in ZIP code 49506? ▼
What is the education level in ZIP code 49506? ▼
What is the average commute time in ZIP 49506? ▼
What percentage of residents own vs. rent in ZIP 49506? ▼
What is the poverty rate in ZIP code 49506? ▼
Read our methodology to see how this data is sourced, computed, and verified.