How much is a home worth in ZIP code 49428?

The typical home in 49428 is worth $368,328, based on the Zillow Home Value Index.

Are home values rising in 49428?

Home values in 49428 are up 3.8% over the past year, and up 6.5% a year over five years.

What is the typical rent in 49428?

A typical home in 49428 rents for about $1,745 a month, a gross rental yield of 5.7%.

What is the property tax rate in 49428?

The effective property tax rate in 49428 is 1.0% — roughly $3,574 a year on a typical home.

ZIP code 49428 has a population of 28,209 and a median household income of $100,225.

HousingHandbookReference data

…

U.S. ZIP Code · MI49428

Ottawa County · Grand Rapids-Wyoming-Kentwood, MI

Typical home value

$368,328^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.8%
5-year / yr: +6.5%
10-year / yr: +7.7%

Relative price

vs U.S.: +29.7%
vs metro: +20.1%
vs state: +54.1%

Price history

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

The typical home in 49428 is worth $368,328 — 20.1% above the Grand Rapids-Wyoming-Kentwood, MI median. Over the past year, values have risen 3.8%. Homes here rent for a typical $1,745 a month — a 5.7% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent: $1,745^[2]
Gross yield: 5.7%^[2]
Cap rate: 3.4%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $3,574^[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: 28,209^[3]
Median household income: $100,225^[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: 9
Elementary: 6
Middle: 1
High: 2

Jenison High School
High · Grades 9–12 · Jenison Public Schools
1,470 students
Jenison Junior High School
Middle · Grades 7–8 · Jenison Public Schools
769 students
Bauerwood School
Elementary · Grades K–6 · Jenison Public Schools
503 students
Rosewood School
Elementary · Grades K–6 · Jenison Public Schools
483 students
Sandy Hill School
Elementary · Grades K–6 · Jenison Public Schools
422 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.

Home value$Monthly rent$

Gross yield5.7%

Net yield (after ~40% expenses)3.4%

Annual rent$20,940

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,862

Loan principal$294,663

Down payment$73,666

Total interest paid$375,826

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.41

Monthly cost to own$2,467

Monthly rent$1,745

Renting is meaningfully cheaper month-to-month.

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: 74th percentile^[1]
Rental yield: 38th percentile^[2]
Property tax: 29th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 49428?: The typical home in 49428 is worth $368,328, based on the Zillow Home Value Index.
Are home values rising in 49428?: Home values in 49428 are up 3.8% over the past year, and up 6.5% a year over five years.
What is the typical rent in 49428?: A typical home in 49428 rents for about $1,745 a month, a gross rental yield of 5.7%.
What is the property tax rate in 49428?: The effective property tax rate in 49428 is 1.0% — roughly $3,574 a year on a typical home.
Who lives in 49428?: ZIP code 49428 has a population of 28,209 and a median household income of $100,225.

#Comparable ZIPs

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

49512 vs 49428 →
Kentwood, MI
Typical home
$368,484
Gross yield
5.3%
49333 vs 49428 →
Middleville, MI
Typical home
$367,257
Gross yield
—
49404
Coopersville, MI
Typical home
$357,905
Gross yield
—
49403
MI
Typical home
$379,122
Gross yield
—
49448
Nunica CDP, MI
Typical home
$380,403
Gross yield
—
49060
Hickory Corners CDP, MI
Typical home
$380,443
Gross yield
—

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#Jump to section

U.S. ZIP Code · MI49428

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