Grand Rapids, MI — income, home value, property tax, and sales tax.
In ZIP code 49512, near Grand Rapids, households earn a median of $71,329, or $42,915 per person. Homes here are valued at a median of $314,900, and the county-level property tax rate of 1.11% applies to that value. Sales taxes combine to 6.00% on purchases. Together, these figures sketch the financial shape of the area: income above the national midpoint, home prices that require a solid earnings base, and two separate tax streams — one tied to property, one to spending — that shape what a household keeps over the course of a year.
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