ZIP comparison · Grand Rapids-Wyoming-Kentwood, MI
49315 vs 49316
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.
| Metric | ZIP49315Byron Center CDP, MI | ZIP49316Caledonia, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $458,862 | $440,039 |
| 1-year appreciation | Better: +5.9% | +4.3% |
| 5-year CAGR | Better: +6.1% | +6.0% |
| 10-year CAGR | Better: +6.6% | +6.5% |
| Rent & investment | ||
| Monthly rent | — | — |
| Gross yield | — | — |
| Cap rate | — | — |
| Property tax | ||
| Effective tax rate | 1.1% | Better: 1.0% |
| Typical annual tax | $4,858 | Better: $4,422 |
| Demographics | ||
| Population | 27,091 | 26,427 |
| Median household income | Better: $113,346 | $103,238 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -268 | -268 |
| Schools | ||
| Public schools | 8 | 10 |
| Students enrolled | 5,480 | 4,802 |