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Grand Rapids, MI Housing

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As of 2010-2014, median price of a house in Grand Rapids is $107,800, which is lower than the state average of $120,200 and is much lower than the national average of $175,700. The Grand Rapids median house value has grown by 17.94% since 2000. The growth rate for the price of a house in Grand Rapids is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in Grand Rapids was built is 1953, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 39,950 Owner Occupied Houses in Grand Rapids, MI, #228

Grand Rapids, MI	107,800 USD
Michigan	120,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #184

Grand Rapids, MI	17.94%
Michigan	3.98%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Grand Rapids, MI	Michigan	U.S.
Total Housing Units	80,172, see rank, 100%	4,532,719	132,741,033
Occupied Housing Units	72,536, 90.48%, see rank	84.45%	87.55%
Owner Occupied	39,950, 49.83%, see rank	60.41%	56.34%
Renter Occupied	32,586, 40.65%, see rank	24.04%	31.21%
Vacant Housing Units	7,636, 9.52%, see rank	15.55%	12.45%
For Rent	2,311, 2.88%, see rank	1.84%	2.34%
For Sale Only	1,234, 1.54%, see rank	1.40%	1.20%
Rented or Sold, Not Occupied	678, 0.85%, see rank	1.04%	0.92%
For Seasonal, Recreational, or Occasional Use	262, 0.33%, see rank	6.26%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.05%	0.03%
Other Vacant	3,151, 3.93%, see rank	4.96%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #524

Grand Rapids, MI	Michigan	U.S.
1953	1969	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Grand Rapids, MI	%	Michigan	U.S.
Owner-Occupied Units	39,950	100%	2,738,012	74,787,460
With a Mortgage	27,361	68.49%, see rank	63.63%	65.58%
Without a Mortgage	12,589	31.51%, see rank	36.37%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Grand Rapids, MI	1,102 USD
Michigan	1,295 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Grand Rapids, MI	%	Michigan	U.S.
$299 or Less	52	0.19%, see rank	0.19%	0.20%
$300 to $499	622	2.27%, see rank	1.88%	1.59%
$500 to $699	2,104	7.69%, see rank	6.65%	5.01%
$700 to $999	7,782	28.44%, see rank	19.56%	14.32%
$1,000 to $1,499	12,243	44.75%, see rank	34.69%	27.90%
$1,500 to $1,999	3,009	11.00%, see rank	20.06%	20.35%
$2,000 to $2,999	1,375	5.03%, see rank	12.84%	19.52%
$3,000 or More	174	0.64%, see rank	4.13%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Grand Rapids, MI	22.00% of the Total Income
Michigan	22.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Grand Rapids, MI	%	Michigan	U.S.
10% or Less	1,341	4.90%, see rank	5.90%	5.86%
10% to 20%	10,250	37.46%, see rank	35.28%	31.95%
20% to 30%	8,163	29.83%, see rank	27.51%	27.64%
30% to 40%	2,987	10.92%, see rank	12.63%	13.74%
40% or More	4,501	16.45%, see rank	18.20%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Grand Rapids, MI	426 USD
Michigan	463 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Grand Rapids, MI	%	Michigan	U.S.
$199 or Less	682	5.42%, see rank	4.74%	7.76%
$200 to $299	1,868	14.84%, see rank	12.46%	14.70%
$300 to $499	6,038	47.96%, see rank	40.41%	34.63%
$500 to $699	2,953	23.46%, see rank	25.95%	21.16%
$700 or More	1,048	8.32%, see rank	16.44%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Grand Rapids, MI	12.60% of the Total Income
Michigan	13.40% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Grand Rapids, MI	%	Michigan	U.S.
10% or Less	4,764	37.84%, see rank	35.33%	40.19%
10% to 20%	4,304	34.19%, see rank	33.76%	31.47%
20% to 30%	1,457	11.57%, see rank	13.39%	12.24%
30% to 40%	831	6.60%, see rank	6.18%	5.64%
40% or More	1,102	8.75%, see rank	9.99%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Grand Rapids, MI	Michigan	U.S.
Total Housing Units	80,172, 100%	4,532,719	132,741,033
1-unit, Detached	46,809, 58.39%, see rank	71.97%	61.65%
1-unit, Attached	4,719, 5.89%, see rank	4.66%	5.82%
2 Units	8,697, 10.85%, see rank	2.58%	3.75%
3 or 4 Units	4,967, 6.20%, see rank	2.56%	4.43%
5 to 9 Units	3,729, 4.65%, see rank	4.20%	4.78%
10 or More Units	10,959, 13.67%, see rank	8.58%	13.08%
Mobile Home, Boat, RV, Van, etc.	292, 0.36%, see rank	5.45%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Grand Rapids, MI	Michigan	U.S.
Total Housing Units	80,172, 100%	4,532,719	132,741,033
1 Room	1,706, 2.13%, see rank	1.24%	1.95%
2 Rooms	2,067, 2.58%, see rank	1.78%	2.48%
3 Rooms	6,832, 8.52%, see rank	7.14%	9.13%
4 Rooms	11,875, 14.81%, see rank	14.38%	16.60%
5 Rooms	14,233, 17.75%, see rank	21.00%	20.41%
6 Rooms	15,682, 19.56%, see rank	20.07%	18.06%
7 Rooms	11,738, 14.64%, see rank	13.45%	12.27%
8 Rooms	7,608, 9.49%, see rank	9.27%	8.48%
9 Rooms or More	8,431, 10.52%, see rank	11.67%	10.60%
Median Rooms	5.70, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Grand Rapids, MI	Michigan	U.S.
Total Housing Units	80,172, 100%	4,532,719	132,741,033
No Bedroom	1,876, 2.34%, see rank	1.35%	2.17%
1 Bedroom	10,442, 13.02%, see rank	9.11%	11.16%
2 Bedrooms	23,189, 28.92%, see rank	26.33%	26.69%
3 Bedrooms	30,640, 38.22%, see rank	43.93%	39.70%
4 Bedrooms	11,222, 14.00%, see rank	15.80%	16.05%
5 or More Bedrooms	2,803, 3.50%, see rank	3.47%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Grand Rapids, MI	Michigan	U.S.
Total Housing Units	72,536, 100%	3,827,880	116,211,092
Utility Gas	65,372, 90.12%, see rank	77.13%	48.85%
Bottled, Tank, or LP Gas	692, 0.95%, see rank	8.48%	4.86%
Electricity	5,550, 7.65%, see rank	8.30%	36.68%
Fuel Oil, Kerosene, etc.	87, 0.12%, see rank	1.40%	5.86%
Coal or Coke	28, 0.04%, see rank	0.03%	0.12%
Wood	185, 0.26%, see rank	3.39%	2.12%
Solar Energy	4, 0.01%, see rank	0.02%	0.05%
Other Fuel	357, 0.49%, see rank	0.86%	0.47%
No Fuel Used	261, 0.36%, see rank	0.39%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Grand Rapids, MI	Michigan	U.S.
Occupied Units Paying Rent	31,706, 100%	1,028,835	39,201,928
$199 or Less	667, 2.10%, see rank	1.86%	1.50%
$200 to $299	1,413, 4.46%, see rank	3.88%	3.18%
$300 to $499	2,494, 7.87%, see rank	9.32%	7.37%
$500 to $699	7,496, 23.64%, see rank	23.63%	16.01%
$700 to $999	11,866, 37.43%, see rank	35.23%	29.17%
$1,000 to $1,499	6,181, 19.49%, see rank	20.17%	26.88%
$1,500 to $1,999	1,356, 4.28%, see rank	3.85%	9.79%
$2,000 or More	233, 0.73%, see rank	2.06%	6.10%
Median	$777, see rank	$780	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Grand Rapids, MI	Michigan	U.S.
Occupied Housing Units	72,536, 100%	3,827,880	116,211,092
No Vehicles Available	9,909, 13.66%, see rank	7.97%	9.12%
1 Vehicles Available	28,831, 39.75%, see rank	35.06%	33.80%
2 Vehicles Available	25,437, 35.07%, see rank	38.45%	37.48%
3 or More Vehicles Available	8,359, 11.52%, see rank	18.52%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.