ZIP Code 49503

ZIP code 49503, covering part of Grand Rapids, sits in middle-income territory, with a median household income of $64,661 and per-capita income of $37,781. Homes here carry a median value of $241,900, and the county-level effective property tax rate of 1.11% means annual taxes on such a home run near $2,685. Add a combined sales tax of 6.00%, and everyday purchases carry a steady, if unremarkable, added cost. The figures point to a working- and middle-income urban population rather than an affluent one: earnings trail what higher-value housing markets command, while the tax load stays broadly in line with Michigan norms.