Real Estate Market Update for 49507 (Grand Rapids, MI)
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Map Information for 49507 (Grand Rapids, MI)
Area Information for 49507 (Grand Rapids, MI)
  • Population: 35,907
  • Median Age: 27.85 yr
  • Median Commute Time: 18.34 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 6,508/sq mi
  • Population Change Since 2000: -9.82%
  • Closest Airport: Gerald R. Ford International
  • Closest College: Aquinas College
  • Closest Jr. College: Grand Rapids Community College
  • Median Household Income: $37,138
  • Annual Residential Turnover: 14.35%
  • Median Years in Residence: 2.95 yr
  • Median Home Sales Price: $65,050
  • Closest Major Sports Team: Brewers
  • Change Avg. Household Income Since 2000: 3%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 49507 (Grand Rapids, MI)
Median Age: 27.85 Married: 21% Number of Households: 11,736 Households with Children: 5,595
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 49507 (Grand Rapids, MI)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Dickinson School 0.1 mi Public PRESCHOOL-8 0 3
      Ken O Sha Ec & Se Center 0.1 mi Public K-8 0 0
      Hope Academy Of West Michigan 0.3 mi Public PRESCHOOL-12 0 0
      Grand Rapids Ellington Academy Of Arts And Technology 0.4 mi Public 6-8 0 0
      River City Scholars Academy 0.6 mi Public K-7 0 0
      William C. Abney Academy - Middle School 0.8 mi Public 6-8 3 0
      New Branches Charter Academy 0.8 mi Public K-8 1 4
      Buchanan School 0.8 mi Public PRESCHOOL-5 2 3
      Brookside School 0.9 mi Public K-5 2 2
      Burton Elementary School 0.9 mi Public PRESCHOOL-5 1 3
      Burton Middle School 0.9 mi Public 6-8 1 3
      Alger Middle School 1.0 mi Public 6-8 0 0
      Southeast Career Pathways 1.3 mi Public 8-12 0 0
      Covenant House Academy Grand Rapids 1.3 mi Public 9-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 49507 (Grand Rapids, MI)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.