Grand Rapids has a population of 198,096 with a median age of 31.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 198,096 |
| Median Age | 31.8 |
| White | 63.0% |
| Black or African American | 17.9% |
| Asian | 2.8% |
| Hispanic or Latino | 15.9% |
The median household income in Grand Rapids is $61,634, which is 18.0% below the national median of $75,149. The per capita income is $32,371. The poverty rate is 19.0%.
The unemployment rate in Grand Rapids is 5.6%, compared to the national rate of 5.4%.
In Grand Rapids, 89.3% of residents age 25+ have a high school diploma or higher, and 39.3% hold a bachelor's degree or higher (13.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.3% |
| Bachelor's Degree or Higher | 39.3% |
| Graduate or Professional Degree | 13.1% |
The median home value in Grand Rapids is $203,900, below the national median of $281,900. The median monthly rent is $1,138. The homeownership rate is 54.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $203,900 |
| Median Monthly Rent | $1,138 |
| Homeownership Rate | 54.5% |
| Vacancy Rate | 6.1% |
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