HousingHandbookReference data

U.S. ZIP Code · MI49315

Kent County · Grand Rapids-Wyoming-Kentwood, MI

Typical home value

$458,862[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.9%
5-year / yr
+6.1%
10-year / yr
+6.6%

Relative price

vs U.S.
+61.5%
vs metro
+49.7%
vs state
+91.9%
ZIP 49315 location in MI
Location of ZIP 49315 in MI

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 49315 is worth $458,862 — 49.7% above the Grand Rapids-Wyoming-Kentwood, MI median. Over the past year, values have risen 5.9%. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.1%[3]
Typical annual tax
$4,858[3]

#Climate risk

FEMA National Risk Index ratings for Kent County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
27,091[3]
Median household income
$113,346[3]

#Migration

Household moves in and out of Kent County over a year, from IRS tax-return data.

Net migration
-268[5]
Moved in
15,196
Moved out
15,464

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
8
Elementary
4
Middle
2
High
1
  • Byron Center High School

    High · Grades 9–12 · Byron Center Public Schools

    1,363 students

  • Cross Creek Charter Academy

    Elementary · Grades K–8 · Cross Creek Charter Academy

    807 students

  • Byron Center West Middle School

    Middle · Grades 6–9 · Byron Center Public Schools

    694 students

  • Robert L Nickels Intermediate School

    Middle · Grades 3–7 · Byron Center Public Schools

    681 students

  • Countryside Elementary School

    Elementary · Grades K–4 · Byron Center Public Schools

    617 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,320
Loan principal$367,090
Down payment$91,772
Total interest paid$468,203

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$3,108
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
59th percentile[1]
Rental yield
[2]
Property tax
73rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 49315?
The typical home in 49315 is worth $458,862, based on the Zillow Home Value Index.
Are home values rising in 49315?
Home values in 49315 are up 5.9% over the past year, and up 6.1% a year over five years.
What is the property tax rate in 49315?
The effective property tax rate in 49315 is 1.1% — roughly $4,858 a year on a typical home.
Who lives in 49315?
ZIP code 49315 has a population of 27,091 and a median household income of $113,346.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Rockford, MI

    Typical home
    $457,417
    Gross yield
    5.2%
  • Caledonia, MI

    Typical home
    $440,039
    Gross yield
  • Grand Rapids, MI

    Typical home
    $434,027
    Gross yield
    5.2%
  • Hudsonville, MI

    Typical home
    $427,070
    Gross yield
    5.9%
  • MI

    Typical home
    $494,576
    Gross yield
  • Lamont CDP, MI

    Typical home
    $423,101
    Gross yield

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