Grand Rapids, MI — income, home value, property tax, and sales tax.
ZIP code 49435, near Grand Rapids, ranks as an affluent area: median household income is $103,432, and per-capita income reaches $44,098. Homes here carry a median value of $383,800, and the county-level property tax rate of 1.02% translates into a substantial annual bill on that value. Sales tax across the area is 6.00%. Between steep housing costs and the property taxes tied to them, this is a higher-income community where the overall tax load stays significant rather than slight.
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