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Grand Rapids, MI 49507 has a population of approximately 38,429 and experiences a population change rate of -3.28%. The population density is 6,964.3 / sq mi .
The median household income for Grand Rapids, MI 49507 is $47,216, with 12,726 households and an average household size of 3.05.
The median value of a home in Grand Rapids, MI 49507 is $191,600 with an appreciation rate of 15.20%. 57.64% of housing in the state is owned while 37.29% is rented.
The cost of living in Grand Rapids, MI 49507 is 88.1 %.
The unemployment rate in Grand Rapids, MI 49507 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 49507 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Grand Rapids, MI 49507 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 17.9 degrees. The average rainfall is approximately 37.1 inches per year, with 63.8 inches of snow per year.
