HousingHandbookReference data

U.S. ZIP Code · MI49401

Ottawa County · Grand Rapids-Wyoming-Kentwood, MI

Typical home value

$415,170[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.3%
5-year / yr
+7.1%
10-year / yr
+7.5%

Relative price

vs U.S.
+46.2%
vs metro
+35.4%
vs state
+73.6%
ZIP 49401 location in MI
Location of ZIP 49401 in MI

Price history

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

The typical home in 49401 is worth $415,170 — 35.4% above the Grand Rapids-Wyoming-Kentwood, MI median. Over the past year, values have risen 6.3%. 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
$4,392[3]

#Climate risk

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

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Very Low
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
29,674[3]
Median household income
$74,880[3]

#Migration

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

Net migration
+341[5]
Moved in
8,145
Moved out
7,804

Schools

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

Public schools
7
Elementary
3
Middle
1
High
2
  • Allendale High School

    High · Grades 8–12 · Allendale Public Schools

    772 students

  • Evergreen Elementary

    Elementary · Grades PK–3 · Allendale Public Schools

    577 students

  • Allendale Middle School

    Middle · Grades 6–8 · Allendale Public Schools

    565 students

  • Oakwood Intermediate

    Elementary · Grades K–5 · Allendale Public Schools

    358 students

  • Allendale Early Childhood Center

    Elementary · Grades PK–K · Allendale Public Schools

    265 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$2,099
Loan principal$332,136
Down payment$83,034
Total interest paid$423,621

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$2,812
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
96th percentile[1]
Rental yield
[2]
Property tax
71st percentile[3]

Frequently asked

How much is a home worth in ZIP code 49401?
The typical home in 49401 is worth $415,170, based on the Zillow Home Value Index.
Are home values rising in 49401?
Home values in 49401 are up 6.3% over the past year, and up 7.1% a year over five years.
What is the property tax rate in 49401?
The effective property tax rate in 49401 is 1.1% — roughly $4,392 a year on a typical home.
Who lives in 49401?
ZIP code 49401 has a population of 29,674 and a median household income of $74,880.

#Comparable ZIPs

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

  • Ferrysburg, MI

    Typical home
    $420,301
    Gross yield
    5.2%
  • Lowell, MI

    Typical home
    $408,047
    Gross yield
  • Lamont CDP, MI

    Typical home
    $423,101
    Gross yield
  • Hudsonville, MI

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

    Typical home
    $402,513
    Gross yield
    4.7%
  • Grand Rapids, MI

    Typical home
    $434,027
    Gross yield
    5.2%

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