Cost of Living in ZIP 49503
Grand Rapids, MI — Kent County
ZIP code 49503 has a cost of living index of 92 (100 = national average), making it more affordable than the national average. Part of the Grand Rapids MSA.
Cost of Living Index
92
vs. National Avg
-8
Median Income
$48,000
Median Home Price
$265,000
Property Tax Rate
1.45%
Population
198,917
County
Kent County
Metro Area
Grand Rapids MSA
About ZIP 49503
ZIP code 49503 is located in Grand Rapids, MI (Kent County). With a cost of living index of 92, this area is more affordable than the national average. The median home price of $265,000 reflects this lower cost.
The median household income in this ZIP code is $48,000. This is below the national median, so cost of living relative to income is an important factor.
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