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Grand Rapids, MI 49505 has a population of approximately 31,866 and experiences a population change rate of -0.32%. The population density is 3,580.1 / sq mi .
The median household income for Grand Rapids, MI 49505 is $59,261, with 13,575 households and an average household size of 2.39.
The median value of a home in Grand Rapids, MI 49505 is $244,000 with an appreciation rate of 15.20%. 63.13% of housing in the state is owned while 33.61% is rented.
The cost of living in Grand Rapids, MI 49505 is 94.2 %.
The unemployment rate in Grand Rapids, MI 49505 is 2.60%, and recent job growth is at 4.07%. Future job growth is projected at 45.48%.
The sales tax rate in Grand Rapids, MI 49505 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Grand Rapids, MI 49505 are $14,664, and the school ratio is 17:1.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 36.8 inches per year, with 63.2 inches of snow per year.
