HousingHandbookReference data

U.S. ZIP Code · MI49464

Ottawa County · Grand Rapids-Wyoming-Kentwood, MI

Typical home value

$391,716[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.0%
5-year / yr
+7.0%
10-year / yr
+7.1%

Relative price

vs U.S.
+37.9%
vs metro
+27.8%
vs state
+63.8%
ZIP 49464 location in MI
Location of ZIP 49464 in MI

Price history

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

The typical home in 49464 is worth $391,716 — 27.8% above the Grand Rapids-Wyoming-Kentwood, MI median. Over the past year, values have risen 5.0%. Homes here rent for a typical $2,071 a month — a 6.3% 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
$2,071[2]
Gross yield
6.3%[2]
Cap rate
3.8%[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$4,018[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
28,914[3]
Median household income
$98,319[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
14
Elementary
7
Middle
2
High
3
  • Zeeland East High School

    High · Grades 9–12 · Zeeland Public Schools

    956 students

  • Zeeland West High School

    High · Grades 9–12 · Zeeland Public Schools

    953 students

  • Cityside Middle School

    Middle · Grades 6–8 · Zeeland Public Schools

    767 students

  • Creekside Middle School

    Middle · Grades 5–8 · Zeeland Public Schools

    581 students

  • New Groningen School

    Elementary · Grades K–5 · Zeeland Public Schools

    534 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 yield6.3%
Net yield (after ~40% expenses)3.8%
Annual rent$24,846

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$1,981
Loan principal$313,373
Down payment$78,343
Total interest paid$399,690

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 ratio1.28
Monthly cost to own$2,643
Monthly rent$2,071

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
91st percentile[1]
Rental yield
75th percentile[2]
Property tax
60th percentile[3]

Frequently asked

How much is a home worth in ZIP code 49464?
The typical home in 49464 is worth $391,716, based on the Zillow Home Value Index.
Are home values rising in 49464?
Home values in 49464 are up 5.0% over the past year, and up 7.0% a year over five years.
What is the typical rent in 49464?
A typical home in 49464 rents for about $2,071 a month, a gross rental yield of 6.3%.
What is the property tax rate in 49464?
The effective property tax rate in 49464 is 1.0% — roughly $4,018 a year on a typical home.
Who lives in 49464?
ZIP code 49464 has a population of 28,914 and a median household income of $98,319.

#Comparable ZIPs

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

  • Beechwood CDP, MI

    Typical home
    $389,939
    Gross yield
    5.8%
  • Walker, MI

    Typical home
    $387,112
    Gross yield
    6.1%
  • Northview CDP, MI

    Typical home
    $386,352
    Gross yield
    5.7%
  • Grandville, MI

    Typical home
    $384,189
    Gross yield
    5.9%
  • Grand Haven, MI

    Typical home
    $402,513
    Gross yield
    4.7%
  • Hickory Corners CDP, MI

    Typical home
    $380,443
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 49464 against any other ZIP — full side-by-side table.

Compare 49464

#Jump to section