Grand Rapids, Michigan 

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Economy in Grand Rapids, Michigan

Grand Rapids has an unemployment rate of 5.2%. The US average is 3.7%.

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    60 Reviews
    GR- nationally recognized as a top place to live. - 1/24/2021
    Wow. “bland Rapids and everyone is Smug, uptight and part of the Christian Reformed Church. “ Someone is accurately describing Grand Rapids in 1985. Much has changed... Read More

    Start Your Review of Grand Rapids


    7 months of heaven 5 of hell. - 11/9/2020
    I have lived in the Grand Rapids Area for 95% of my life and I'm sad no one on this site is giving this city its due. The Natural beauty here is truly special. Most... Read More

    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


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    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


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