ZIP comparison · Grand Rapids-Wyoming-Kentwood, MI
49503 vs 49504
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 | ZIP49503Grand Rapids, MI | ZIP49504Grand Rapids, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $291,576 | $290,131 |
| 1-year appreciation | +1.6% | Better: +2.4% |
| 5-year CAGR | +5.7% | Better: +5.8% |
| 10-year CAGR | +8.5% | Better: +8.9% |
| Rent & investment | ||
| Monthly rent | Better: $1,524 | $1,581 |
| Gross yield | 6.3% | Better: 6.5% |
| Cap rate | 3.8% | Better: 3.9% |
| Property tax | ||
| Effective tax rate | 1.1% | Better: 1.0% |
| Typical annual tax | $3,136 | Better: $2,847 |
| Demographics | ||
| Population | 39,489 | 40,036 |
| Median household income | $64,661 | Better: $70,119 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -268 | -268 |
| Schools | ||
| Public schools | 18 | 14 |
| Students enrolled | 4,666 | 3,840 |