Grand Rapids, MI — income, home value, property tax, and sales tax.
ZIP code 49347, near Grand Rapids, sits in middle-income territory, with a median household income of $91,477—well above many parts of the state—though per-capita income of $33,386 points to households that are comfortable rather than wealthy. Homes here carry a median value of $177,100, and the county-level effective property tax rate of 1.01% means owners pay roughly $1,789 annually on a house at that value. Add a 6.00% combined sales tax on purchases, and the overall tax picture stays moderate for a working- to middle-class area.
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