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ZipNumbers

Michigan · Census place 34000

Grand Rapids city, MI

Quick answer

Grand Rapids city has 197,768 residents, ranking #2 of 745 places in Michigan. Median household income is $65,526, the median home is worth $225,500 and median gross rent runs $1,191 a month.

Population
197,768Grand Rapids city residents
Median household income
$65,526Past 12 months, inflation adjusted
Median home value
$225,500Owner-occupied units
Median gross rent
$1,191Rent plus utilities, monthly
Median age
32.1 yrsAll residents
Homeownership rate
54.6%Owner-occupied households

What the numbers mean in Grand Rapids city

Housing cost measured against local earnings.

A household earning the Grand Rapids city median would spend about 21.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.6% of residents and 54.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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