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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.
Lifestyle in Grand Rapids
Income
| U.S. | Michigan | Grand 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 Transport | Number of People |
|---|---|
| Car, solo | 69,397 |
| Carpooled | 11,649 |
| Public Transit | 2,169 |
| Bicycle | 370 |
| Walking | 3,598 |
| Other Means | 1,052 |
| Total, Commuted | 88,235 |
| Worked from home | 2,428 |
| Total | 90,663 |
Time Spent Commuting in Grand Rapids
Time spent commuting in Grand Rapids
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 2,902 |
| 5-9 | 11,340 |
| 10-14 | 17,624 |
| 15-19 | 20,510 |
| 20-24 | 15,712 |
| 25-29 | 5,335 |
| 30-34 | 7,657 |
| 35-39 | 824 |
| 40-44 | 1,003 |
| 45-59 | 2,388 |
| 60-89 | 1,867 |
| Over 90 | 1,073 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 11,904 | 21.8% | 11,535 | 21.1% |
| Associate Degree | 3,181 | 5.8% | 4,242 | 7.8% |
| Bachelor's Degree | 9,976 | 18.2% | 11,761 | 21.5% |
| Master's Degree | 3,286 | 6.0% | 3,775 | 6.9% |
| Professional Degree | 1,212 | 2.2% | 851 | 1.6% |
| Doctorate Degree | 1,163 | 2.1% | 206 | 0.4% |
| Total (at least some college) | 30,722 | 56.2% | 32,370 | 55.0% |
| Total over 25 | 54,694 | 100% | 58,896 | 100% |
Housing in Grand Rapids
Value of Houses and Condos
| U.S. | Michigan | Grand Rapids | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $153,300 | $126,300 |
Monthly Owner Costs
| U.S. | Michigan | Grand Rapids | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,302 | $1,086 |
| Without a mortgage | $399 | $422 | $398 |
Tenancy in Grand Rapids
| Owner-occupied homes | 44,249 |
|---|---|
| Renter-occupied homes | 28,377 |
| Homes for sale | 1,155 |
| Homes for rent | 2,263 |
| Total | 80,583 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Grand Rapids (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 11,760 | 26.6% |
| First Mortgage Only | 24,162 | 54.6% |
| Second Mortgage and/or Home Equity Loan | 8,327 | 18.8% |
| Total | 44,249 | 100% |
Age of Grand Rapids Residents
| Males | Females |
|---|---|
| 29 | 31 |
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