49506 Income Statistics

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Comparison to Surrounding Areas

49506 Median Household Income

The median household income ($106,971) for 49506 is less than the median household income for Grand Rapids charter township ($117,876) and East Grand Rapids city ($160,417). But it's more than 49505 ($67,838), 49508 ($62,183), 49546 ($92,095), 49503 ($58,165), 49507 ($52,887), Kent County ($76,247), and Grand Rapids city ($61,634).

49506	$106,971
Grand Rapids charter township	$117,876
East Grand Rapids city	$160,417
Grand Rapids city	$61,634
Kent County	$76,247

49506 Average Household Income

The average household income ($141,808) for 49506 is less than the average household income for Grand Rapids charter township ($177,444) and East Grand Rapids city ($225,057). But it's more than 49505 ($78,734), 49508 ($80,868), 49546 ($132,556), 49503 ($75,767), 49507 ($70,481), Kent County ($100,762), and Grand Rapids city ($78,386).

49506	$141,808
Grand Rapids charter township	$177,444
East Grand Rapids city	$225,057
Grand Rapids city	$78,386
Kent County	$100,762

49506 Per-Capita Income

The per-capita income for 49506 is $53,160. The per capita income ($53,160) for 49506 is less than the per capita income for Grand Rapids charter township ($65,304) and East Grand Rapids city ($76,034). But it's more than 49505 ($34,225), 49508 ($31,136), 49546 ($51,326), 49503 ($35,174), 49507 ($24,801), Kent County ($39,342), and Grand Rapids city ($32,371).

49506	$53,160
Grand Rapids charter township	$65,304
East Grand Rapids city	$76,034
Grand Rapids city	$32,371
Kent County	$39,342

49506 High Income Households

17.6% of households make over $200,000 a year. The percent high income households (17.6%) for 49506 is more than 49546 (16.4%), 49503 (4.9%), 49505 (4.4%), 49507 (3.5%), 49508 (5.2%), Kent County (8.8%), Grand Rapids charter township (23.6%), East Grand Rapids city (36.6%), and Grand Rapids city (4.8%).

49506	17.6%
Grand Rapids charter township	23.6%
East Grand Rapids city	36.6%
Grand Rapids city	4.8%
Kent County	8.8%

49506 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
49506	$40,458	$110,479	$132,962	$66,410
Grand Rapids charter township	$-1	$139,890	$134,833	$70,777
East Grand Rapids city	$-1	$167,841	$180,250	$106,500
Grand Rapids city	$47,519	$73,611	$67,852	$42,754
Kent County	$47,360	$84,219	$94,497	$51,468

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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 49506 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

	Median Household Income	Average Household Income	Per Capita Income	High Income Households	Median Household Income by Age of Householder
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
49506	+/-$6,314	+/-$7,922	+/-$3,001	+/-1.9%	+/-$2,336	+/-$8,941	+/-$19,922	+/-$10,265
Grand Rapids charter township	+/-$7,928	+/-$19,741	+/-$7,498	+/-4.0%	+/-$-1	+/-$12,917	+/-$19,140	+/-$13,314
East Grand Rapids city	+/-$9,950	+/-$18,395	+/-$6,621	+/-4.4%	+/-$-1	+/-$26,751	+/-$31,578	+/-$26,540
Grand Rapids city	+/-$1,910	+/-$1,912	+/-$749	+/-0.5%	+/-$4,582	+/-$3,055	+/-$4,776	+/-$2,991
Kent County	+/-$1,275	+/-$1,523	+/-$592	+/-0.4%	+/-$2,570	+/-$2,135	+/-$2,840	+/-$1,799