Grand Rapids, MI — income, home value, property tax, and sales tax.
In ZIP code 49301, near Grand Rapids, homes carry a median value of $548,800, and the county-level property tax rate of 1.11% works out to roughly $6,092 a year on such a home. With median household income at $183,125, that tax equals about 3.3% of annual earnings, a share that high local paychecks absorb without much strain. Per-capita income reaches $84,356, reinforcing the area's strong earning base. Sales tax sits at 6.00% on purchases. Together, these figures show a housing market where prices are steep but incomes keep pace.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.