49507 Property Tax Rate
Grand Rapids, Michigan · Part of Kent County
Effective Tax Rate
1.02%
24.6% below state avgMedian Annual Tax
$1,830
$153/mo escrow
Estimate Your Tax
Annual Tax
$1,830
Monthly
$152
Eff. Rate
1.02%
Buyer decision brief
What ZIP 49507 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$153/mo
Based on median annual tax paid
State context
0.20 percentage points below the Michigan average
Michigan average: 1.22%
Data confidence
High confidenceThe Census margin of error is $191, about 10% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Kent County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 49507 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$191 tax MOE, 10% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Kent County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 49507
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $179,600, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 1.02%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Michigan and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $153 per month before insurance, HOA dues, or special assessments.
Assessor verification
Kent County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 49507 Compares
Median Annual Property Tax
ZIP 49507
1.02%
Effective rate
Michigan Avg
1.22%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Michigan
Lower than 71% of ZIP codes in Michigan(29th percentile, 957 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 49507
Property owners in ZIP code 49507 (Grand Rapids, Michigan) pay a median of $1,830/year in property taxes on homes valued at $179,600. This translates to an effective tax rate of 1.02%, which is 17% below the Michigan state average of 1.22%.
The monthly property tax burden for a median-valued home in 49507 is approximately $153, which factors into escrow payments on mortgages. This ZIP code is located within Kent County. This is $596 less than the Michigan average of $2,426/year.
Compared to similar ZIP codes in Michigan, 49507 has higher property taxes. ZIP codes with similar effective rates include 48661 (1.02%) and 49235 (1.02%).
In Grand Rapids, property taxes represent approximately 3.2% of the median household income of $56,578, providing context for the relative tax burden on homeowners in this area.
Michigan's Proposal A resets your property assessment to market value at purchase in Kent County, eliminating the prior owner's growth cap — with a median home value of $510,000, expect a substantial tax increase. Apply for the Principle Residence Exemption (PRE) with the Kent County Assessor within 45 days of closing to reduce school operating taxes significantly on your primary residence. Contact the Kent County Assessor immediately to confirm PRE eligibility and filing procedures.
Frequently Asked Questions
What is the property tax rate in ZIP code 49507?
How much are property taxes in Grand Rapids, MI (49507)?
How does ZIP 49507 compare to the Michigan average?
What is the median home value in ZIP 49507?
What county is ZIP code 49507 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$191. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 49507 is part of Kent County, Michigan. View the full county profile for broader context and more data.
View Kent County on TaxByCounty →Explore Grand Rapids, MI
View all 12 ZIP codes in Grand Rapids with property tax comparisons.
View Grand Rapids Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 49507
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
49534
Grand Rapids, MI
0.05 percentage points lower than ZIP 49507.
Rate
0.97%
Tax
$2,629
Quality
94
49503
Grand Rapids, MI
0.05 percentage points lower than ZIP 49507.
Rate
0.97%
Tax
$2,171
Quality
101
49343
Sand Lake, MI
0.03 percentage points lower than ZIP 49507.
Rate
0.98%
Tax
$2,324
Quality
89
49316
Caledonia, MI
0.02 percentage points lower than ZIP 49507.
Rate
1.00%
Tax
$3,392
Quality
89
49302
Alto, MI
0.00 percentage points lower than ZIP 49507.
Rate
1.02%
Tax
$3,934
Quality
89
49757
Mackinac Island, MI
0.11 percentage points lower than ZIP 49507.
Rate
0.91%
Tax
$7,589
Quality
69
49636
Glen Arbor, MI
0.41 percentage points lower than ZIP 49507.
Rate
0.61%
Tax
$4,563
Quality
82
48009
Birmingham, MI
$532,400 higher median home value than ZIP 49507.
Rate
1.40%
Tax
$10,001
Quality
70
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.