Last updated: 2024 BLS data · Page refreshed:
Grand Rapids has a population of 198,535 with a median age of 32.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 198,535 |
| Median Age | 32.3 |
| White | 60.2% |
| Black or African American | 18.0% |
| Asian | 2.8% |
| Hispanic or Latino | 16.3% |
| Other / Two or More Races | 2.7% |
The median household income in Grand Rapids is $69,108, which is 14.3% below the national median of $80,610. The per capita income is $35,921. The poverty rate is 16.9%.
The unemployment rate in Grand Rapids is 4.8%, compared to the national rate of 4.1%.
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In Grand Rapids, 89.5% of residents age 25+ have a high school diploma or higher, and 41.6% hold a bachelor's degree or higher (14.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.5% |
| Bachelor's Degree or Higher | 41.6% |
| Graduate or Professional Degree | 14.3% |
The median home value in Grand Rapids is $244,500, below the national median of $303,400. The median monthly rent is $1,266. The homeownership rate is 54.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $244,500 |
| Median Monthly Rent | $1,266 |
| Homeownership Rate | 54.0% |
| Vacancy Rate | 5.5% |
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