The 49504 ZIP Code is associated with the city of Grand Rapids in Michigan in Kent County in the United States. The current population estimate is 39,633. Median househould income is approximately $51,048, and an estimated 13% of the population is living below the poverty line. The ZIP Code 49504 has a median age of approximately 32.9 years, with 17.7% of residents aged 62 years and older. In this Michigan region, an estimated 90.1% have a high school degree or higher, and the per capita income is approximately $26,650.
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The median household income in ZIP Code 49504 is $51,048, while the region's mean household income is $65,831. Breaking income down further, per capita income in the region is $26,650. The per capita income in ZIP Code 49504 of $26,650 is approximately 15.97% less than the per capita income in the U.S. overall of $31,713. An estimated 12.7% of the population is living below the poverty line in this region. This rate is approximately33.68% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 19.4% of the population in 49504 earn $50,000 to $74,999 per year, while an estimated 15.3% earn $35,000 to $49,999 per year, and 2.5% of 49504 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 6.9% |
| $10,000 to $14,999 per year | 4.4% |
| $15,000 to $24,999 per year | 12.4% |
| $25,000 to $34,999 per year | 9.7% |
| $35,000 to $49,999 per year | 15.3% |
| $50,000 to $74,999 per year | 19.4% |
| $75,000 to $99,999 per year | 13.1% |
| $100,000 to $149,999 per year | 12.9% |
| $150,000 to $199,999 per year | 3.5% |
| $200,000 or more per year | 2.5% |
Looking at race in the population that makes up ZIP Code 49504, 94.2% is one race, while 5.8% are two or more races. Approximately 13.0% of 49504 residents are hispanic or Latino (of any race). The most common race in 49504 (race alone or in combination with one or more other races), is White (86.8%), followed by Black or African American (10.5%) .
| Industry | Percent |
|---|---|
| White | 86.8% |
| Black or African American | 10.5% |
| American Indian and Alaska Native | 2.3% |
| Asian | 2.2% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 4.9% |
Residents of ZIP Code 49504 are younger than average. The median age of 32.9 years in ZIP Code 49504 is approximately 13.65% lower than the overall median age in the U.S. of 38.1 years. About 78.5% of residents are aged 18 years and older, and 17.7% of residents are 62 years and over. Approximately 17.8% of the population in 49504 falls in the age group 25 to 34 years, while an estimated 12.2% are aged 35 to 44 years. On the low end of the scale, 2.9% of 49504 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.2% |
| 5 to 9 years | 6.0% |
| 10 to 14 years | 5.7% |
| 15 to 19 years | 5.8% |
| 20 to 24 years | 11.7% |
| 25 to 34 years | 17.8% |
| 35 to 44 years | 12.2% |
| 45 to 54 years | 9.5% |
| 55 to 59 years | 5.4% |
| 60 to 64 years | 6.0% |
| 65 to 74 years | 7.2% |
| 75 to 84 years | 3.7% |
| 85 years and over | 2.9% |
In ZIP Code 49504, 90.8% of the population lists "English only" as the language spoken in home, while 6.6% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 1.2% of homes, and other Indo-European languages are spoken in 0.8% of homes. Lastly, 0.6% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Kent County region.
| Language Spoken | Percent |
|---|---|
| English only | 90.8% |
| Spanish | 6.6% |
| Other Indo-European languages | 1.2% |
| Asian and Pacific Islander languages | 0.8% |
| Other languages | 0.6% |
The median home value in ZIP Code 49504 in July 2024 comes in at $277,689. The July 2024 value is approximately 3% higher than the $269,408 median value in February 2024, and 6% higher than the $262,237 median value in August 2023. Regarding the age of homes in ZIP Code 49504, an estimated 41.5% of homes were built in 1939 or earlier. Additionally, 14.7% of homes in the region were built between 1950 and 1959, while an estimated 0.7% of homes were built between 2010 and 2013 in this Kent County region.
| Month | Home value |
|---|---|
| Jul 2024 | $277,689 |
| Jun 2024 | $277,648 |
| May 2024 | $276,970 |
| Apr 2024 | $274,979 |
| Mar 2024 | $272,349 |
| Feb 2024 | $269,408 |
| Jan 2024 | $267,404 |
| Dec 2023 | $266,161 |
| Nov 2023 | $265,453 |
| Oct 2023 | $264,858 |
| Sep 2023 | $263,668 |
| Aug 2023 | $262,237 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.1% |
| Built between 2010 and 2013 | 0.7% |
| Built between 2000 and 2009 | 7.3% |
| Built between 1990 and 1999 | 4.7% |
| Built between 1980 and 1989 | 4.1% |
| Built between 1970 and 1979 | 7.9% |
| Built between 1960 and 1969 | 8.8% |
| Built between 1950 and 1959 | 14.7% |
| Built between 1940 and 1949 | 9.3% |
| Built in 1939 or earlier | 41.5% |
In ZIP Code 49504, 90.1% of the population graduated high school, while 32.1% have a bachelor's degree or higher. In this region, 3.8% achieved an education level less than 9th grade, while 8.8% hold a graduate or professional degree. Approximately 24.9% in this Kent County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 3.8% |
| 9th to 12th grade, no diploma | 6.2% |
| High school graduate (includes equivalency) | 24.9% |
| Some college, no degree | 23.5% |
| Associate's degree | 9.5% |
| Bachelor's degree | 23.4% |
| Graduate or professional degree | 8.8% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 49504 is current access to health insurance, as an estimated 91.5% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 49504 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 91.5% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 49504 has an average daily solar radiation level of 4.52 kWh/m2/day. This is approximately 9.71% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 31.41% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 49504 | 13.71¢/kWh | 10.71¢/kWh | 6.63¢/kWh |
| Michigan | 19.26¢/kWh | 13.5¢/kWh | 8.42¢/kWh |
| United States | 16.94¢/kWh | 13.2¢/kWh | 8.21¢/kWh |
| Month | ZIP Code 49504 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 2.27 | 1.9 | 5.84 |
| Feb | 3.6 | 3 | 6.31 |
| Mar | 4.76 | 3.65 | 7.02 |
| Apr | 5.36 | 5.13 | 7.3 |
| May | 5.83 | 5.17 | 7.13 |
| Jun | 6.04 | 5.72 | 6.95 |
| Jul | 6.2 | 6.22 | 6.51 |
| Aug | 5.93 | 6.08 | 6.65 |
| Sep | 5.32 | 5.15 | 7.02 |
| Oct | 3.82 | 3.32 | 6.92 |
| Nov | 2.88 | 2.33 | 5.99 |
| Dec | 2.18 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 49504, credit reporting or other personal consumer reports have received the most complaints in 49504 in the past 12 months. Credit reporting or credit repair services received the second most complaints. The most frequent complaint overall in this Kent County region was improper use of a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or other personal consumer reports | 92 |
| Credit reporting or credit repair services | 42 |
| Debt collection | 18 |
| Checking or savings account | 14 |
| Credit card or prepaid card | 12 |
| Other | 31 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Improper use of your report | 69 |
| Incorrect information on your report | 37 |
| Problem with a company's investigation into an existing problem | 24 |
| Problem with a credit reporting company's investigation | 13 |
| Dealing with your lender or servicer | 7 |
| Other | 59 |
In 49504, 70.2% of the population is in the labor force. Recent estimates place 3.4% as working from home, while the total labor force in the region has a mean travel to time to work of 18.9 minutes. Approximately 23.4% of the employed population 16 years and over in 49504 work in educational services, and health care and social assistance, while an estimated 17.2% work in manufacturing. On the lower end of the scale, just 0.5% of 49504 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.5% |
| Construction | 5.1% |
| Manufacturing | 17.2% |
| Wholesale trade | 3.4% |
| Retail trade | 12.4% |
| Transportation and warehousing, and utilities | 3.1% |
| Information | 1.5% |
| Finance and insurance, and real estate and rental and leasing | 5.1% |
| Professional, scientific, management, and administrative | 9.9% |
| Educational services, and health care and social assistance | 23.4% |
| Arts, entertainment, and recreation, and accommodation and food services | 12.7% |
| Other services, except public administration | 4.6% |
| Public administration | 1.2% |