Best Places for Business and Careers 2019

Grand Rapids, MI

Grand Rapids-Wyoming, MI
the place image

Grand Rapids, MI

Grand Rapids-Wyoming, MI
Select A Profile
gross metro product
$64.6B
population
1.1M
median household income
$63,463
median home price
$207,000
cost of living
3% below nat'l avg
college attainment
33.7%
net migration
710 (year: 2018)
unemployment
3%
major industries
Aviation, Bio-science, Education
job growth
2% (year: 2018)
As of October 2019
population
196.0K
median home price
$152,000
As of August 2018
Grand Rapids is home to five of the world's leading office furniture companies and is nicknamed the Furniture City. The city hosts a number of festivals, many of which take place at its Vandenberg Plaza, including the Celebration on the Grand and Festival of the Arts. Other points of interest for visitors and locals include the Grand Rapids Art Museum, John Ball Park, Belknap Hill, Gerald R. Ford Museum, Van Andel Museum Center and Roger B. Chaffee Planetarium. Grand Rapids is home to myriad theatres and stages, including
the Civic Theatre, DeVos hall, and the historic Wealthy Theatre.
... Read More
On forbes lists
#122
In Cost of Doing Business
#62
In Job Growth
#75
In Education
By The Numbers
EmploymentHousingEducationQuality of Life
Job Growth
2% (year: 2018)
Projected Annual Job Growth
0.4%
Unemployment
3%
Median Household Income
$63,463
Household Income Growth
3.8%
High-Tech Employment
2.2%
  • Data is for the metro area
  • Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
  • Numbers as of October 2019


  • a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
Key Connections
People
Companies
Top Colleges

More on Forbes

Apr 5, 2024

AI: A Case For Rapid Business Adoption

What is generally known as AI has undergone boom-bust cycles over the past 60 years, but the technology itself has continuously progressed.