HousingHandbookReference data

U.S. ZIP Code · MI49345

Kent County · Grand Rapids-Wyoming-Kentwood, MI

Typical home value

$340,465[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.7%
5-year / yr
+7.1%
10-year / yr
+8.1%

Relative price

vs U.S.
+19.9%
vs metro
+11.1%
vs state
+42.4%
ZIP 49345 location in MI
Location of ZIP 49345 in MI

Price history

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

The typical home in 49345 is worth $340,465 — 11.1% above the Grand Rapids-Wyoming-Kentwood, MI median. Over the past year, values have risen 5.7%. 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
$3,669[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
13,512[3]
Median household income
$85,463[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
4
Elementary
2
Middle
1
High
1
  • Sparta Senior High School

    High · Grades 9–12 · Sparta Area Schools

    818 students

  • Ridgeview Elementary School

    Elementary · Grades PK–2 · Sparta Area Schools

    562 students

  • Appleview Elementary School

    Elementary · Grades 3–5 · Sparta Area Schools

    522 students

  • Sparta Middle School

    Middle · Grades 6–8 · Sparta Area Schools

    490 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$1,722
Loan principal$272,372
Down payment$68,093
Total interest paid$347,395

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$2,312
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
93rd percentile[1]
Rental yield
[2]
Property tax
82nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 49345?
The typical home in 49345 is worth $340,465, based on the Zillow Home Value Index.
Are home values rising in 49345?
Home values in 49345 are up 5.7% over the past year, and up 7.1% a year over five years.
What is the property tax rate in 49345?
The effective property tax rate in 49345 is 1.1% — roughly $3,669 a year on a typical home.
Who lives in 49345?
ZIP code 49345 has a population of 13,512 and a median household income of $85,463.

#Comparable ZIPs

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

  • Kentwood, MI

    Typical home
    $342,503
    Gross yield
    6.8%
  • Walker, MI

    Typical home
    $346,913
    Gross yield
    4.4%
  • Cedar Springs, MI

    Typical home
    $347,186
    Gross yield
  • Kent City, MI

    Typical home
    $332,180
    Gross yield
  • Comstock Park CDP, MI

    Typical home
    $352,460
    Gross yield
    4.1%
  • Coopersville, MI

    Typical home
    $357,905
    Gross yield

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