USA.com / Michigan / Kent County / Grand Rapids, MI / 49512 / Housing

49512 Zip Code Housing

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As of 2010-2014, median price of a house in 49512 Zip Code is $149,000, which is higher than the state average of $120,200 and is lower than the national average of $175,700. The 49512 Zip Code median house value has grown by 3.19% since 2000. The growth rate for the price of a house in 49512 Zip Code is about the same as the state average rate of 3.98% and is much lower than the national average rate of 46.91%. The median year that a house in 49512 Zip Code was built is 1992, which is newer than the median year for a house built in the state which is 1969 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 2,923 Owner Occupied Houses in 49512 Zip Code, see rank

49512 Zip Code	149,000 USD
Michigan	120,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

49512 Zip Code	3.19%
Michigan	3.98%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	49512 Zip Code	Michigan	U.S.
Total Housing Units	7,617, see rank, 100%	4,532,719	132,741,033
Occupied Housing Units	6,981, 91.65%, see rank	84.45%	87.55%
Owner Occupied	2,923, 38.37%, see rank	60.41%	56.34%
Renter Occupied	4,058, 53.28%, see rank	24.04%	31.21%
Vacant Housing Units	636, 8.35%, see rank	15.55%	12.45%
For Rent	262, 3.44%, see rank	1.84%	2.34%
For Sale Only	177, 2.32%, see rank	1.40%	1.20%
Rented or Sold, Not Occupied	101, 1.33%, see rank	1.04%	0.92%
For Seasonal, Recreational, or Occasional Use	26, 0.34%, see rank	6.26%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.05%	0.03%
Other Vacant	70, 0.92%, see rank	4.96%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #17

49512 Zip Code	Michigan	U.S.
1992	1969	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	49512 Zip Code	%	Michigan	U.S.
Owner-Occupied Units	2,923	100%	2,738,012	74,787,460
With a Mortgage	2,063	70.58%, see rank	63.63%	65.58%
Without a Mortgage	860	29.42%, see rank	36.37%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

49512 Zip Code	1,365 USD
Michigan	1,295 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	49512 Zip Code	%	Michigan	U.S.
$299 or Less	0	0.00%, see rank	0.19%	0.20%
$300 to $499	51	2.47%, see rank	1.88%	1.59%
$500 to $699	31	1.50%, see rank	6.65%	5.01%
$700 to $999	252	12.22%, see rank	19.56%	14.32%
$1,000 to $1,499	925	44.84%, see rank	34.69%	27.90%
$1,500 to $1,999	589	28.55%, see rank	20.06%	20.35%
$2,000 to $2,999	189	9.16%, see rank	12.84%	19.52%
$3,000 or More	26	1.26%, see rank	4.13%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

49512 Zip Code	21.50% of the Total Income
Michigan	22.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	49512 Zip Code	%	Michigan	U.S.
10% or Less	112	5.43%, see rank	5.90%	5.86%
10% to 20%	808	39.17%, see rank	35.28%	31.95%
20% to 30%	610	29.57%, see rank	27.51%	27.64%
30% to 40%	309	14.98%, see rank	12.63%	13.74%
40% or More	224	10.86%, see rank	18.20%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

49512 Zip Code	531 USD
Michigan	463 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	49512 Zip Code	%	Michigan	U.S.
$199 or Less	29	3.37%, see rank	4.74%	7.76%
$200 to $299	111	12.91%, see rank	12.46%	14.70%
$300 to $499	219	25.47%, see rank	40.41%	34.63%
$500 to $699	268	31.16%, see rank	25.95%	21.16%
$700 or More	233	27.09%, see rank	16.44%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

49512 Zip Code	18.40% of the Total Income
Michigan	13.40% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	49512 Zip Code	%	Michigan	U.S.
10% or Less	251	29.19%, see rank	35.33%	40.19%
10% to 20%	204	23.72%, see rank	33.76%	31.47%
20% to 30%	214	24.88%, see rank	13.39%	12.24%
30% to 40%	69	8.02%, see rank	6.18%	5.64%
40% or More	122	14.19%, see rank	9.99%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	49512 Zip Code	Michigan	U.S.
Total Housing Units	7,617, 100%	4,532,719	132,741,033
1-unit, Detached	2,291, 30.08%, see rank	71.97%	61.65%
1-unit, Attached	575, 7.55%, see rank	4.66%	5.82%
2 Units	38, 0.50%, see rank	2.58%	3.75%
3 or 4 Units	174, 2.28%, see rank	2.56%	4.43%
5 to 9 Units	584, 7.67%, see rank	4.20%	4.78%
10 or More Units	3,817, 50.11%, see rank	8.58%	13.08%
Mobile Home, Boat, RV, Van, etc.	138, 1.81%, see rank	5.45%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	49512 Zip Code	Michigan	U.S.
Total Housing Units	7,617, 100%	4,532,719	132,741,033
1 Room	382, 5.02%, see rank	1.24%	1.95%
2 Rooms	484, 6.35%, see rank	1.78%	2.48%
3 Rooms	1,303, 17.11%, see rank	7.14%	9.13%
4 Rooms	1,401, 18.39%, see rank	14.38%	16.60%
5 Rooms	1,218, 15.99%, see rank	21.00%	20.41%
6 Rooms	1,010, 13.26%, see rank	20.07%	18.06%
7 Rooms	804, 10.56%, see rank	13.45%	12.27%
8 Rooms	494, 6.49%, see rank	9.27%	8.48%
9 Rooms or More	521, 6.84%, see rank	11.67%	10.60%
Median Rooms	4.70, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	49512 Zip Code	Michigan	U.S.
Total Housing Units	7,617, 100%	4,532,719	132,741,033
No Bedroom	426, 5.59%, see rank	1.35%	2.17%
1 Bedroom	1,495, 19.63%, see rank	9.11%	11.16%
2 Bedrooms	3,151, 41.37%, see rank	26.33%	26.69%
3 Bedrooms	1,422, 18.67%, see rank	43.93%	39.70%
4 Bedrooms	980, 12.87%, see rank	15.80%	16.05%
5 or More Bedrooms	143, 1.88%, see rank	3.47%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	49512 Zip Code	Michigan	U.S.
Total Housing Units	6,981, 100%	3,827,880	116,211,092
Utility Gas	5,805, 83.15%, see rank	77.13%	48.85%
Bottled, Tank, or LP Gas	73, 1.05%, see rank	8.48%	4.86%
Electricity	929, 13.31%, see rank	8.30%	36.68%
Fuel Oil, Kerosene, etc.	9, 0.13%, see rank	1.40%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	33, 0.47%, see rank	3.39%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	13, 0.19%, see rank	0.86%	0.47%
No Fuel Used	119, 1.70%, see rank	0.39%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	49512 Zip Code	Michigan	U.S.
Occupied Units Paying Rent	3,981, 100%	1,028,835	39,201,928
$199 or Less	0, 0.00%, see rank	1.86%	1.50%
$200 to $299	30, 0.75%, see rank	3.88%	3.18%
$300 to $499	469, 11.78%, see rank	9.32%	7.37%
$500 to $699	864, 21.70%, see rank	23.63%	16.01%
$700 to $999	1,688, 42.40%, see rank	35.23%	29.17%
$1,000 to $1,499	845, 21.23%, see rank	20.17%	26.88%
$1,500 to $1,999	85, 2.14%, see rank	3.85%	9.79%
$2,000 or More	0, 0.00%, see rank	2.06%	6.10%
Median	$805, see rank	$780	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	49512 Zip Code	Michigan	U.S.
Occupied Housing Units	6,981, 100%	3,827,880	116,211,092
No Vehicles Available	844, 12.09%, see rank	7.97%	9.12%
1 Vehicles Available	2,925, 41.90%, see rank	35.06%	33.80%
2 Vehicles Available	2,533, 36.28%, see rank	38.45%	37.48%
3 or More Vehicles Available	679, 9.73%, see rank	18.52%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.