ZIP Code 49505

Grand Rapids, MI — income, home value, property tax, and sales tax.

Median household income
$74,906
Per-capita income
$37,544
Median home value
$289,900
Property tax rate
1.11%
Combined sales tax
6.00%

In ZIP 49505, on Grand Rapids' northeast side, homes carry a median value of $246,700 while households bring in $74,906 a year. At the county's 1.11% effective property tax rate, that home would generate roughly $2,738 in annual taxes — a meaningful slice of income, though spread across twelve months it stays within reach for many owners. Per-capita income sits at $37,544, so single earners may feel the pinch more sharply than two-income households. Add Grand Rapids' 6.00% combined sales tax on everyday purchases, and the overall cost of living here hinges on both what you earn and what you buy.

See how Grand Rapids, MI taxes stack up

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