Grand Rapids, Ohio is a small village located in Wood County. It has a population of 43522 and is an important center for businesses in the region. In terms of housing, 2 bedroom rents are around $910, making it an affordable place to live. The local Grocery Cost Index is 94 versus 100 in the US. The village offers access to various amenities and services including local companies such as Grand Rapids Chiropractic LLC, Grand Rapids Veterinary Clinic, and Grand Rapids Auto Parts. These companies provide essential services to the community and support its economic development. Additionally, other local industries such as retail stores, auto repair shops, restaurants and gas stations offer employment opportunities as well as goods and services to residents and visitors alike.
Grand Rapids (zip 43522) has an unemployment rate of 4.2%. The US average is 6.0%.
Grand Rapids (zip 43522) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Grand Rapids (zip 43522)
- The Sales Tax Rate for Grand Rapids (zip 43522) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Grand Rapids (zip 43522) is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Grand Rapids (zip 43522)
- The average income of a Grand Rapids (zip 43522) resident is $37,610 a year. The US average is $37,638 a year.
- The Median household income of a Grand Rapids (zip 43522) resident is $79,875 a year. The US average is $69,021 a year.