ZIP comparison · Grand Rapids-Wyoming-Kentwood, MI

48897 vs 49509

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.

MetricZIP48897Woodland, MIZIP49509Wyoming, MI
Home value
Typical home valueBetter: $264,260$263,830
1-year appreciation+2.8%Better: +3.4%
5-year CAGR+5.3%Better: +6.7%
10-year CAGR+6.9%Better: +9.5%
Rent & investment
Monthly rent$1,568
Gross yield7.1%
Cap rate4.3%
Property tax
Effective tax rateBetter: 0.9%1.2%
Typical annual taxBetter: $2,427$3,138
Demographics
Population1,66928,152
Median household incomeBetter: $69,531$65,132
Climate & migration
Overall risk (FEMA NRI)Relatively LowRelatively Moderate
Net migrationBetter: +77-268
Schools
Public schools210
Students enrolled6284,576