ZIP comparison · Grand Rapids-Wyoming-Kentwood, MI

49316 vs 49506

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.

MetricZIP49316Caledonia, MIZIP49506Grand Rapids, MI
Home value
Typical home valueBetter: $440,039$434,027
1-year appreciationBetter: +4.3%+4.1%
5-year CAGR+6.0%Better: +6.6%
10-year CAGR+6.5%Better: +7.6%
Rent & investment
Monthly rent$1,881
Gross yield5.2%
Cap rate3.1%
Property tax
Effective tax rateBetter: 1.0%1.2%
Typical annual taxBetter: $4,422$5,395
Demographics
Population26,42734,673
Median household income$103,238Better: $118,131
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively Moderate
Net migration-268-268
Schools
Public schools1011
Students enrolled4,8024,037