Statistical Data

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Greater Grand Rapids Community Profile

With its vibrant economy, affordable housing and award-winning schools, it’s not surprising that Greater Grand Rapids is Michigan’s fastest growing region. In 2005, the Grand Rapids’ metro area was selected as one of America’s "Best Places to Live and Work" by both Best Places Rated Almanac and Expansion Management, the latter ranking our region as a “Four-Star Community.”

Cost of Living

ACCRA Cost of Living (2007 Average Annual Data)

	100% COMPOSITE INDEX	13% GROCERY ITEMS	28% HOUSING	10% UTILITIES	10% TRANS- PORTATION	4% HEALTH CARE	35% MISCELLANEOUS GOODS & SERVICES
Grand Rapids, MI	101.5	105.5	100.4	111.8	99.1	90.9	100.0

Austin, TX	94.5	89.8	80.8	94.7	99.2	98.1	105.3
Boston, MA	134.7	120.0	164.0	129.2	104.7	136.0	126.8
Chicago, IL	110.3	108.3	125.0	107.8	113.1	104.3	99.9
Columbus, OH	97.4	96.3	95.9	102.3	103.5	104.1	94.9
Denver, CO	103.4	102.9	109.3	102.4	95.4	108.5	100.8
New York, NY (Manhattan)	212.8	158.1	396.1	152.0	122.5	128.4	139.4
Philadelphia, PA	123.5	124.4	144.4	116.1	105.8	111.0	115.2
Portland, OR	120.8	124.3	134.3	103.6	111.0	107.9	118.0
Rochester, NY	100.8	95.4	86.0	123.9	107.2	101.6	106.0
San Jose, CA	154.2	143.8	251.5	99.0	113.1	122.7	111.3

Source: ACCRA Cost of Living

Home Ownership

2007	% Home Ownership
Allegan County, MI	83.3%
Barry County, MI	85.9%
Ionia County, MI	80.1%
Kent County, MI	71.1%
Muskegon County, MI	78.3%
Newaygo County, MI	84.7%
Ottawa County, MI	80.9%
Grand Rapids-Muskegon-Holland, MI CSA	76.6%

Source: Claritas 2007

Average Existing Home Sales

Average Existing Home Sales (not seasonally adjusted)

Area	Feb YTD 2007
Kent County	$152,986
Allegan, Muskegon, Ottawa counties	$153,453

Northeast	$293,150
Midwest	$192,700
South	$222,650
West	$359,600

U.S.	$258,700

Source: Michigan Association of Realtors; National Association of Realtors

Median Rent

2007	Median Gross Rent (in $)
Allegan County, MI	674
Barry County, MI	614
Ionia County, MI	608
Grand Rapids-Wyoming, MI MSA	700
Muskegon-Norton Shores, MI MSA	582
Newaygo County, MI	566
Holland-Grand Haven, MI MSA	695

Source: American Community Survey

Median Income

2007	Median Household Income
Kent County	$51,818
Grand Rapids-Muskegon-Holland, MI CSA (Allegan, Barry, Ionia, Kent, Muskegon, Newaygo, Ottawa Counties)	$51,524
Michigan	$50,349
United States	$49,314

Source: Claritas

CSA Rankings

Grand Rapids Combined Statistical Area
2007	CSA Total	CSA Ranking

Total Population	1,330,384	32
Total Households	491,455	34

Percentage of Population By Age Group (highest to lowest):
<19	29.2%	13
20-34	21.1%	29
35-44	14.2%	20
45-54	14.6%	18
55-64	9.9%	34
65+	11.0%	51

Median Age (youngest to oldest)	34.8	21

Mean Household Income (highest to lowest):	$89,132	40
Income Per Capita (highest to lowest):	$34,366	54

Percentage of Households (highest to lowest):
Below $10,000	5.9%	63
$10,000-$19,999	10.0%	53
$20,000-$29,999	11.2%	36
$30,000-$44,999	21.6%	16
$45,000-$59,999	17.4%	11
$60,000-$74,999	13.9%	7
$75,000-$99,999	12.7%	12
$100,$124,999	5.4%	20
$125,000-$149,999	2.2%	19
$150,000-$199,999	1.7%	20
$200,000 and Over	1.9%	18

Retail Sales Per Capita (highest to lowest)	$77,239	60

Compiled by The Right Place, Inc.
Rankings are based on 120 CSAs
Source: Woods & Poole, 2007
* CSA includes Allegan, Barry, Ionia, Kent, Muskegon, Newaygo, and Ottawa counties

CSA Rankings

Grand Rapids-Wyoming* MSA	MSA Total	MSA Rank
Total Population	770,800	61
Total Households	285,100	60
Percentage of Population By Age Group:
18-24	10.4	367
25-34	13.7	224
35-49	22.5	162
50+	26.4	788

Retail Sales By Store Group:
Food & Beverage Stores	$687,014	121
Food Service and Drinking Establishments	$858,580	73
General Merchandise	$1,657,950	59
Furniture, Home Furnishings, Electronics and Appliances	$639,006	58
Motor Vehicle and Parts Dealers	$2,478,989	65
Total Retail Sales	$9,851,245	67

Effective Buying Income EBI:
Total EBI (disposable income after mortgage, taxes)	$14,193,078,000	70
Buying Power Index	0.2471	71

Compiled by The Right Place, Inc.
*(Kent, Barry, Ionia, Newaygo)

Climate

Greater Grand Rapids residents enjoy a diverse, seasonal climate moderated by our proximity to the Great Lakes. Severe weather is infrequent here, and storms are short-lived. Moderate temperatures, low humidity, and our full range of seasons make West Michigan an outdoor enthusiast’s dream. No matter your sport of choice – from a casual stroll with the dog, to extreme mountain biking – you’ll find people who share your passion, and an environment to follow your dream.

Learn more about living in Greater Grand Rapids.

Average temperatures:
    January, 21.8°F;
    July 71.6°F;

Annual Precipitation:
    36.2 inches of rain,
    145 inches of snow

2007	Temperature (°F)	Relative Humidty		Extreme Temperature (Days/Month)		Rain (Inches)
	Average	A.M.	P.M.	Below 32°	Above 90°	Average
January	21.8	82%	73%	29	0	1.8
February	23.7	81%	68%	26	0	1.4
March	34.1	81%	63%	24	0	2.6
April	46.0	79%	57%	12	0	3.4
May	57.5	79%	53%	2	0	3.1
June	67.0	81%	55%	0	2	3.7
July	71.6	84%	56%	0	4	3.3
August	69.5	89%	59%	0	2	3.6
September	61.0	89%	60%	N/A	N/A	4.3
October	49.5	86%	62%	6	0	2.8
November	38.0	83%	70%	18	0	3.3
December	27.1	83%	75%	28	0	2.9
Annual	47.2	83%	63%	145	8	36.2