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Grand Rapids, Michigan Mortgage and Housing Information

Population: 197,800
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Value of Houses and Condos

A comparison of the average prices of homes in Grand Rapids, Michigan and the U.S.
U.S.MichiganGrand Rapids
Median home value
in year 2006		$185,200$153,300$126,300

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2006
U.S.MichiganGrand Rapids
With a mortgage$1,402$1,302$1,086
Without a mortgage$399$422$398

Ownership of Houses and Condos

Types of mortgages for owner-occupied Houses and Condos in Grand Rapids (2006)
Mortgage TypeNumber of Houses and CondosPercent of total
Without a mortgage11,76026.6%
First Mortgage Only24,16254.6%
Second Mortgage and/or Home Equity Loan8,32718.8%
Total44,249100%

Tenancy in Grand Rapids

How many people in Grand Rapids live in their own home? How many rent their home? Data for houses and condos, from 2006.
Owner-occupied homes44,249
Renter-occupied homes28,377
Homes for sale1,155
Homes for rent2,263
Total80,583

Age of Grand Rapids Residents

Median age for males and females (2000).
Males 29
Females 31

Income

Median earnings for the 12 months preceding 2006, residents over 16 years with earnings
U.S.MichiganGrand Rapids
Median Earnings$27,239$26,851$20,965
Median Earnings, Males$32,396$34,153$23,431
Median Earnings, Females$22,097$20,985$18,699

Males earn $4,732 (25.3%) more than Females in Grand Rapids.

Commuting in Grand Rapids

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo69,397
Carpooled11,649
Public Transit2,169
Bicycle370
Walking3,598
Other Means1,052
Total, Commuted88,235
Worked from home2,428
Total90,663

Time Spent Commuting in Grand Rapids

Time spent commuting in Grand Rapids
Time spent in minutesNumber of People
Less than 52,902
5-911,340
10-1417,624
15-1920,510
20-2415,712
25-295,335
30-347,657
35-39824
40-441,003
45-592,388
60-891,867
Over 901,073

Education

Level of higher education for people over 25 years in Grand Rapids (2006).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College11,90421.8%11,53521.1%
Associate Degree3,1815.8%4,2427.8%
Bachelor's Degree9,97618.2%11,76121.5%
Master's Degree3,2866.0%3,7756.9%
Professional Degree1,2122.2%8511.6%
Doctorate Degree1,1632.1%2060.4%
Total (at least some college)30,72256.2%32,37055.0%
Total over 2554,694100%58,896100%

Comments on Grand Rapids

July 24th, 2008

Nice city in western Michigan. Many think it’s too conservative and religious. It’s often ranked as one of the better places to live in the United States. It’s a bit cold in the winter but beautiful in the summer

– Unregistered User

Latest comment on Grand Rapids

July 24th, 2008

Nice city in western Michigan. Many think it’s too conservative and religious. It’s often ranked as one of the better places to live in the United States. It’s a bit cold in the winter but beautiful in the summer

– Unregistered User

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