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.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 49506?

33.2

Median Age

50.0%

Male

50.0%

Female

4.7%

Foreign-Born

White 77.7%
African American 10.4%
Asian 2.2%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.9%
Hispanic or Latino 4.4%

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

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 78.6%
Bachelor's Degree or Higher 67.6%

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

Owner 75.1%
Renter 24.9%

$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)

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.

residents

What this shows Among its immediate neighbors, ZIP 49506 ranks #6 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 49506 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

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.