Grand Rapids, Michigan 

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Economy in Grand Rapids, Michigan

Grand Rapids has an unemployment rate of 4.1%. The US average is 3.9%.

Grand Rapids has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.

Tax Rates for Grand Rapids
- The Sales Tax Rate for Grand Rapids is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Rapids is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Grand Rapids
- The average income of a Grand Rapids resident is $20,542 a year. The US average is $28,555 a year.
- The Median household income of a Grand Rapids resident is $39,913 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYGrand Rapids, MichiganUnited States
  5.2%3.7%
  2.0%1.6%
  35.8%33.5%
  6.0%6.2%
  5.8%4.6%
  $23,225$31,177
  $44,369$57,652
  $54,102$70,850
  POPULATION BY OCCUPATION
  1.5%1.3%
  0.1%0.6%
  3.8%6.2%
  16.8%10.4%
  3.3%2.7%
  10.5%11.6%
  2.5%4.1%
  0.4%0.9%
  1.7%2.1%
  3.7%4.7%
  1.6%1.9%
  5.8%6.7%
  0.1%0.1%
  4.5%4.3%
  9.9%9.3%
  15.5%13.8%
  2.1%2.2%
  9.3%7.4%
  4.9%4.9%
  2.1%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Grand Rapids    58 Reviews
    God Bless Grand Rapids!!! May it never change! - 10/3/2019
    I am originally from Farmington Hills, Mi and moved to CA in 1988. Since lived in OR, FL, and NM. I am now retired and moving to Grand Rapids, for the reasons some... Read More

    Start Your Review of Grand Rapids


    Run! It's horrible. - 3/11/2019
    I have lived in the grand rapids area most of my life and I personally hate it, even more so after living else where. There is a strong Calvinist and Christian reformed... Read More

    Depends What you are Looking For - 7/24/2017
    I moved here a few years ago and thought it would be the perfect place, everyone kept saying welcome. Then you live here. The size of the city is just about perfect and... Read More


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    COMPARE COST OF LIVING
    Compare Grand Rapids, Michigan to any other place in the USA.

    MAPS OF GRAND RAPIDS, MICHIGAN
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Grand_Rapids,Michigan Map
    ZIP CODES IN GRAND RAPIDS, MICHIGAN
    49504 49507 49503 49506 49505

    NEW LISTINGS IN GRAND RAPIDS
    $299,900
    2555 Birchcrest Dr SE
    Bed 4 | Bath 2

    $191,000
    137 Graceland St NE
    Bed 3 | Bath 2

    $649,900
    1900 Tall Pines Dr SE
    Bed 5 | Bath 4

    $79,900
    1039 Watkins St SE
    Bed 2 | Bath 1

    $250,000
    6687 Sawgrass Dr SE
    Bed 4 | Bath 2

    $199,000
    2056 Francis Ave SE
    Bed 4 | Bath 2

    $174,900
    932 Coldbrook St NE
    Bed 3 | Bath 1


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