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AREA INFORMATION

49503 (Grand Rapids, MI)

Explore the real estate in 49503 (Grand Rapids, MI)

Area Highlights

49503 (Grand Rapids, MI) residents have a median age of 31.4 years old, with employment highest in the administrative support and healthcare practitioners industries.

39,254 Population

The population has increased by 0.3% since the year 2010.

17,432 Households

$56,784 /yr
Median Household Income

$267,500
Median Home Sale Price

19m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

31.4 Median Age

Average Household Size

2.2
persons per
household

26.4%

Married Households

Community Population By Education

Bachelors Degree 29%
High School Graduate 18%
Some College 17%
Graduate Degree 16%
Some High School 13%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 28.81% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
21.6% of households have children

Economics

$56,784 /yr
Median Household Income
$267,500
Median Sales Price
19 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 20.04% of the households.

Transportation to Work

  • Drive 76%
  • Walk or Bike 11%
  • Work from Home 8%
  • Public Transit 5%

Occupancy by Type

Rented 10,461 55%
Owned 6,970 36%
Vacant 1,725 9%

White vs Blue Collar Jobs







White Collar 77%
Blue Collar 23%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 31.4 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 58%
Hispanic 23%
Black 16%
Other 13%
Asian 2%
Native American 1%
The most prevalent ethnicity is White at 58%, followed by Hispanic at 23%, Black at 16%, and Other at 13%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

84° July
Hottest Average Month
15° February
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
15°
30°
Feb
15°
32°
Mar
23°
42°
Apr
35°
58°
May
45°
70°
Jun
54°
79°
Jul
59°
84°
Aug
57°
81°
Sep
50°
74°
Oct
39°
62°
Nov
30°
46°
Dec
21°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$1,795,000
For sale
9 beds • 7 baths • 2 half baths • 12,250 sqft

221 John Street NE
Grand Rapids, MI 49503

$850,000
For sale
2 beds • 2 baths • 1,496 sqft

144 Oakes Street SW 1906
Grand Rapids, MI 49503

$1,250,000
For sale
3 beds • 2 baths • 2,290 sqft

144 Oakes Street SW 2100
Grand Rapids, MI 49503

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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