ZIP comparison · Grand Rapids-Wyoming-Kentwood, MI

48860 vs 49507

Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.

MetricZIP48860Muir, MIZIP49507Grand Rapids, MI
Home value
Typical home value$239,908Better: $242,181
1-year appreciationBetter: +11.4%+2.0%
5-year CAGRBetter: +6.6%+5.7%
10-year CAGR+8.8%Better: +11.1%
Rent & investment
Monthly rent$1,640
Gross yield8.1%
Cap rate4.9%
Property tax
Effective tax rate1.0%Better: 1.0%
Typical annual tax$2,389Better: $2,370
Demographics
Population1,33938,487
Median household income$50,600Better: $61,461
Climate & migration
Overall risk (FEMA NRI)Relatively LowRelatively Moderate
Net migrationBetter: +38-268
Schools
Public schools111
Students enrolled1923,198