Grand Rapids is a mid-sized city in MI with a population of 195,099 residents. With a median home price of $380,481 (9% above the national median) and median household income of $66,017, Grand Rapids is considered somewhat expensive with a price-to-income ratio of 5.8x.
The real estate market in Grand Rapids features a median home price of $380,481, which is 9% higher than the U.S. national median of $350,000. Monthly rent averages $1,585, 6% above the national average. Over the past decade, rent has increased by 81%.
Grand Rapids has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Grand Rapids offers a median household income of $66,017, which is 6% lower than the national median of $70,000. Residents spend approximately 29% of their income on rent annually, which is within the recommended 30% threshold.
Understanding the climate of Grand Rapids is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Grand Rapids compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Grand Rapids is $380,481, with average monthly rent of $1,585. The median household income is $66,017, giving the city a price-to-income ratio of 5.8x.
Grand Rapids has moderate affordability with a price-to-income ratio of 5.8x, close to the national average.
Grand Rapids has a population of 195,099 residents, making it the #129 largest city in the United States.
Grand Rapids has a violent crime rate of 491 per 100,000 residents, which is near the national average. The property crime rate is 1367 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
Compare cost of living with your current city to make an informed decision.
Moving to a new city can be overwhelming. Our relocation experts are here to help you find the perfect neighborhood, schools, and local services.
