Grand Rapids, MI
GRAND RAPIDS, MICHIGAN: Demographic and Financial Snapshot
(Last updated on 11.30.20)
AGE IN GRAND RAPIDS, MICHIGAN
Age Range | Population | Percent |
20 to 24 years | 20,774 | 10.4% |
25 to 29 years | 22,976 | 11.5% |
30 to 34 years | 17,251 | 8.6% |
35 to 39 years | 13,467 | 6.7% |
40 to 44 years | 9,880 | 4.9% |
45 to 49 years | 9,835 | 4.9% |
50 to 54 years | 8,335 | 4.2% |
55 to 59 years | 10,614 | 5.3% |
60 to 64 years | 9,681 | 4.8% |
65 to 69 years | 8,054 | 4.0% |
70 to 74 years | 6,934 | 3.5% |
75 to 79 years | 3,665 | 1.8% |
80 to 84 years | 2,824 | 1.4% |
85+ years | 3,365 | 1.7% |
The median age in Grand Rapids is 30.8 years
Source: US Census Data; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Age
ETHNICITY IN GRAND RAPIDS, MICHIGAN
Ethnicity | Population | Percent |
White | 134,229 | 67.0% |
Black or African American | 37,061 | 18.5% |
American Indian and Alaska Native | 1,063 | 0.5% |
Asian | 4,431 | 2.2% |
Native Hawaiian and Other Pacific Islander | 204 | 0.1% |
Other | 11,550 | 5.8% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Race
EDUCATION IN GRAND RAPIDS, MICHIGAN
Education Level | Population | Percent |
Less than 9th grade | 6,945 | 5.5% |
9th to 12th grade, no diploma | 7,501 | 5.9% |
High school graduate (includes GED) | 28,436 | 22.4% |
Some college, no degree | 25,513 | 20.1% |
Associate’s degree | 10,676 | 8.4% |
Bachelor’s degree | 32,434 | 25.6% |
Graduate or professional degree | 15,376 | 12.1% |
High school graduate or higher | 112,435 | 88.6% |
Bachelor’s degree or higher | 47,810 | 37.7% |
Less than Bachelor’s degree | 79,071 | 62.3% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Education (population 25+ years)
HOUSEHOLD INCOME IN GRAND RAPIDS, MICHIGAN
Annual Household Income | Percent |
Less than $10,000 | 9.3% |
$10,000 to $14,999 | 4.1% |
$15,000 to $24,999 | 10.2% |
$25,000 to $34,999 | 8.9% |
$35,000 to $49,999 | 16.2% |
$50,000 to $74,999 | 19.6% |
$75,000 to $99,999 | 12.7% |
$100,000 to $149,999 | 11.6% |
$150,000 to $199,999 | 3.1% |
$200,000 or more | 4.2% |
Median household income: $51,226
Mean household income: $68,530
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Household Income
HOUSEHOLD INCOME BY EDUCATION IN GRAND RAPIDS, MICHIGAN
Education Level | Average Income |
Less than high school graduate | $22,193 |
High school graduate (includes GED) | $27,706 |
Some college or Associate’s degree | $31,754 |
Bachelor’s degree | $41,364 |
Graduate or professional degree | $56,708 |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Median earnings in past 12 months by education (population 25+ years with earnings)
MARITAL STATUS IN GRAND RAPIDS, MICHIGAN
Population | Percent | |
Population 15+ years | 161,070 | NA |
Never married | 73,839 | 45.8% |
Now married (except separated) | 61,328 | 38.1% |
Separated | 2,285 | 1.4% |
Widowed | 8,148 | 5.1% |
Divorced | 15,470 | 9.6% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Marital Status for population 15 years and over
POVERTY STATUS IN GRAND RAPIDS, MICHIGAN
Population | Percent | |
Living beneath poverty line | 36,586 | 19.0% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Poverty Rate
HOUSING IN GRAND RAPIDS, MICHIGAN
Owner-occupied housing units | 40,121 |
Renter-occupied housing units | 34,081 |
Single-family detached units | 46,642 |
Homeownership rate | 54.1% |
Vacancy rate | 7.5% |
Renters rate | 45.9% |
Average housing value | $145,237 |
Average monthly owner cost (with/mortgage) | $770 |
Average rent | $809 |
Source: US Census; htps://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Housing Characteristics
SOCIOECONOMIC CHARACTERISTICS IN GRAND RAPIDS, MICHIGAN
Average income | $62,979 |
Average household size | 2.55 |
Percent population 16 years and over in labor force | 68.6% |
Percent disabled | 13.3% |
Percent with health coverage | 90.8% |
Average travel time to work | 19.1 minutes |
Percent workers using public transportation | 4.0% |
Percent veterans | 5.3% |
Percent foreign born | 10.5% |
Percent speaking Spanish at home | 5.4% |
Source US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Socioeconomic Characteristics
CONSUMER SPENDING IN GRAND RAPIDS, MICHIGAN
Total consumer expenditures per household | $56,013.81 |
Alcoholic beverages | $428.01 |
Alcoholic beverages consumed at home | $251.53 |
Beer consumed away from home | $77.66 |
Wine consumed away from home | $36.05 |
Apparel & services | $1,634.51 |
Men’s apparel | $315.02 |
Women’s apparel | $542.46 |
Children’s apparel | $251.18 |
Boys’ apparel | $86.55 |
Girls’ apparel | $94.48 |
Footwear | $376.18 |
Dining out (food away from home) | $2,796.32 |
Dining out – Breakfast | $284.30 |
Dining out – Lunch | $866.43 |
Dining out – Dinner | $1,293.73 |
Education | $1,155.14 |
Entertainment / recreation | $2,405.08 |
Club membership fees | $164.07 |
Dating services | $0.67 |
Pet food | $192.16 |
Pet services | $45.68 |
Food consumed at home | $3,968.85 |
Bakery products consumed at home | $521.72 |
Dairy products consumed at home | $406.68 |
Fruits and vegetables consumed at home | $767.99 |
Meat, poultry, fish, eggs consumed at home | $881.52 |
Nonalcoholic beverages consumed at home | $394.04 |
Snacks / other food products consumed at home | $1,390.93 |
Health care | $4,459.55 |
Medical services | $813.08 |
Nonprescription drugs | $109.40 |
Household Services | $1,501.66 |
Care for the elderly and handicapped | $58.56 |
Lawn and garden services | $315.20 |
Housekeeping services | $117.41 |
PC repair | $5.19 |
Housing | $17,702.15 |
Home improvements | $1,774.56 |
Utilities, fuel, and public services | $3,766.59 |
Phone services | $1,371.64 |
Water | $536.47 |
Life and other insurance | $327.36 |
Pensions and social security | $5,822.46 |
Personal care products and services | $673.04 |
Hair care products | $82.65 |
Personal care products | $281.24 |
Local transportation | $6,575.68 |
Gasoline | $1,716.48 |
Vehicle maintenance and repair | $901.11 |
Travel | $1,573.47 |
Airline fares | $380.82 |
Auto / truck rental on trips | $18.96 |
Lodging on trips | $426.28 |
Food and drink on trips | $382.56 |
Entertainment on trips | $135.38 |
Source US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Consumer Spending (Consumer expenditures per household)
DEBT IN KENT COUNTY (home to GRAND RAPIDS, MICHIGAN)
% with any debt in collections | 28% |
Average debt in collections | $1,290 |
% with medical debt in collections | 18% |
Average medical debt in collections | $553 |
% with student loan debt | 20% |
Average student loan debt | $19,137 |
Average monthly student loan payment | $180 |
% with auto debt | 30% |
Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (017)
Data Point: Consumer Debt
UNEMPLOYMENT IN GRAND RAPIDS, MICHIGAN
Year | Population | Percent |
January 2019 | 4,638 | 4.4% |
February 2019 | 4,344 | 4.1% |
March 2019 | 4,548 | 4.3% |
April 2019 | 3,540 | 3.4% |
May 2019 | 3,903 | 3.7% |
June 2019 | 4,549 | 4.3% |
July 2019 | 5,451 | 5.2% |
August 2019 | 4,254 | 4.0% |
September 2019 | 3,542 | 3.4% |
October 2019 | 3,224 | 3.1% |
November 2019 | 3,206 | 3.1% |
December 2019 | 3,286 | 3.2% |
January 2020 | 3,952 | 3.8% |
February 2020 | 3,381 | 3.2% |
March 2020 | 3,455 | 3.3% |
April 2020 | 27,885 | 26.7% |
May 2020 | 24,416 | 22.0% |
June 2020 | 18,370 | 16.0% |
July 2020 | 12,474 | 11.5% |
Source: US Bureau of Labor Statistics; https://www.ls.gov/lau/data.htm
Survey/Program: Local Area Employment Statistics
Data Point: Unemployment totals (not seasonally adjusted)
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