ZIP comparison · Grand Rapids-Wyoming-Kentwood, MI

49345 vs 49508

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.

MetricZIP49345Sparta, MIZIP49508Kentwood, MI
Home value
Typical home value$340,465Better: $342,503
1-year appreciationBetter: +5.7%+3.7%
5-year CAGRBetter: +7.1%+6.2%
10-year CAGR+8.1%Better: +8.2%
Rent & investment
Monthly rent$1,935
Gross yield6.8%
Cap rate4.1%
Property tax
Effective tax rate1.1%Better: 1.1%
Typical annual tax$3,669Better: $3,644
Demographics
Population13,51242,720
Median household incomeBetter: $85,463$70,120
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively Moderate
Net migration-268-268
Schools
Public schools413
Students enrolled2,3927,376