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ZipNumbers

Ohio · Census place 31206

Grand Rapids village, OH

Quick answer

Grand Rapids village has 985 residents, ranking #695 of 1265 places in Ohio. Median household income is $73,125, the median home is worth $159,800 and median gross rent runs $903 a month.

Population
985Grand Rapids village residents
Median household income
$73,125Past 12 months, inflation adjusted
Median home value
$159,800Owner-occupied units
Median gross rent
$903Rent plus utilities, monthly
Median age
32.5 yrsAll residents
Homeownership rate
70.6%Owner-occupied households

What the numbers mean in Grand Rapids village

Housing cost measured against local earnings.

A household earning the Grand Rapids village median would spend about 14.8% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.6% of residents and 70.6% 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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