ZIP 49519 - 860Z200US49519 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 49519 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in the Grand Rapids area of Michigan, this ZIP code encompasses a vibrant community of over 28,000 residents. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the population, income, housing costs, and cultural diversity of 49519 can help you make informed decisions. Let’s dive into the numbers and uncover what makes this area unique.

Population & Households

ZIP 49519 is home to a population of 28,308 individuals as of 2023. This sizable community is spread across 11,128 households, indicating a mix of family and individual living arrangements. With 11,693 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could signal opportunities for buyers or renters looking to move in. This balance between population and housing stock provides a stable foundation for both residents and potential investors seeking to understand the local market dynamics.

Income & Housing Costs

The median household income in ZIP 49519 stands at $75,373, reflecting a solid economic base for many residents. This income level suggests that the area supports a middle-class lifestyle, which can be attractive for families and businesses alike. On the housing front, the median home value is $220,300, offering a relatively accessible entry point for homebuyers compared to pricier markets nearby. For renters, the median rent is $1,176 per month, which aligns with the income levels and provides a viable option for those not ready to buy. These figures highlight a balanced housing market that caters to a range of budgets and preferences.

Race & Ethnicity

The demographic makeup of ZIP 49519 showcases a diverse community with a blend of cultural backgrounds. The racial composition includes 66.38% White, 8.68% Black, 1.53% Asian, and 18.22% Hispanic residents. This diversity contributes to a rich social fabric, making the area appealing to those who value multicultural environments. For businesses, this mix can translate into a broad customer base with varied needs and preferences, while homebuyers may appreciate the inclusive community atmosphere.

Key Facts

• Total population: 28,308 residents in 2023, indicating a robust community size.
• Total households: 11,128, reflecting a mix of family and solo living arrangements.
• Total housing units: 11,693, suggesting a small surplus of available homes.
• Median household income: $75,373, supporting a stable middle-class economy.
• Median home value: $220,300, offering affordability in the housing market.
• Median rent: $1,176, providing a reasonable option for non-buyers.
• Diverse population: 66.38% White, 18.22% Hispanic, 8.68% Black, and 1.53% Asian.

What This Means for You

For homebuyers, ZIP 49519 presents an affordable housing market with a median home value of $220,300, paired with a median income of $75,373 that supports financial stability. The slight surplus of housing units (11,693 vs. 11,128 households) could mean less competition when searching for a home. Real estate investors and agents will find potential in this balance, as it suggests room for growth or rental opportunities, especially with a median rent of $1,176 that appeals to a wide range of tenants. Small-business owners can leverage the diverse population of 28,308 and the cultural mix to tailor products or services to varied demographics, while the solid income levels indicate disposable income for local spending. Analysts can use these metrics as a benchmark to compare with neighboring ZIP codes or track trends over time, ensuring data-driven insights for strategic planning.

Run This Study Yourself

• Visit ZipcodeGPT to access a powerful tool for analyzing any ZIP code’s demographics and housing data.
• Enter ZIP 49519 or any other area of interest to generate a detailed report tailored to your needs.
• Use the insights to make informed decisions for buying, investing, or starting a business with confidence.