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Grand Rapids has a population of approximately 197,858 and experiences a population change rate of 0.03%. The population density is 4,453.1 / sq mi .
The median household income for Grand Rapids is $55,385, with 76,961 households and an average household size of 2.47.
The median value of a home in Grand Rapids is $247,900 with an appreciation rate of 15.20%. 51.75% of housing in the state is owned while 41.49% is rented.
The cost of living in Grand Rapids is 92.7 %.
The unemployment rate in Grand Rapids is 3.40%, and recent job growth is at 4.07%. Future job growth is projected at 44.28%.
The sales tax rate in Grand Rapids is 6.00%, while the income tax rate is 4.25% .
School expenditures in Grand Rapids are $14,664, and the school ratio is 17:1.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 37.3 inches per year, with 64.2 inches of snow per year.
