B
Good
76/100

Wealthy School

📚 K – 05 🏫 Elementary
📍 1961 LAKE DR SE, Grand Rapids, MI 49506
76
Repit Score
out of 100
466
Students
enrolled
18.0:1
Student:Teacher
ratio
$13K
Per Student
spending

What We Evaluated

👨‍🏫 Class Size 18.0:1 student-teacher ratio
💰 Funding $13,140 per student
🏫 School Type Regular

School Information

Address 1961 LAKE DR SE
City Grand Rapids
ZIP Code 49506
District 2612480
NCES School ID 261248004963
Data Year 2024-25

Community Context for 49506

Understanding the community around Wealthy School helps evaluate the school environment and neighborhood.

💰 Income & Economy

Median Household Income $106,971
Per Capita Income $53,160
Poverty Rate 3.6%
Households Earning $100K+ 53.9%

🎓 Education Level

Bachelor's Degree or Higher 65.5%
High School or Higher 97.5%

🏠 Housing

Median Home Value $306,400
Median Rent $1,251
Owner-Occupied 76.3%
Renter-Occupied 23.7%
View full data for ZIP 49506 →

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Student Demographics

Enrollment and demographic breakdown for Wealthy School.

👫 Gender Distribution

Male 54.1%
Female 45.9%

🌎 Race & Ethnicity

White 81.8%
Two or More Races 9.0%
Hispanic/Latino 4.3%
Black 3.4%
Asian 1.5%

📋 Enrollment Summary

Total Enrollment 466
Teachers (FTE) 26.0
Student:Teacher Ratio 18.0:1

Frequently Asked Questions

What is the Repit School Score for Wealthy School?
Wealthy School has a Repit School Score of 76 out of 100, earning a grade of B. This score evaluates class size (student-teacher ratio), funding levels, and resources rather than just test scores.
How many students attend Wealthy School?
Wealthy School has 466 students enrolled for the 2024-25 school year. The student-to-teacher ratio is 18.0:1.
What grades does Wealthy School serve?
Wealthy School serves grades K – 05 and is classified as a Elementary. This is a public school.
How much funding does Wealthy School receive per student?
Wealthy School receives $13,140 in per-pupil spending from its district. This is around the national average.
🏠 Rental Market Around Wealthy School in 49506
Avg Home Value
$441,805
Avg Monthly Rent
$1,753
1-Year Change
+9.0%
% Renters
23.7%

Other Schools in 49506

View all schools and real estate data for 49506 →

About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than actual school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention and better student outcomes.
  • School Funding — Resources available for programs, teachers, and facilities directly affect education quality.
  • School Environment — School size and structure affect available programs and student experience.

Data source: NCES CCD 2024-25 | Last updated: September 2026