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โ† All of Michigan
๐Ÿ“ Grand Rapids-Wyoming-Kentwood, MI

The Grand Rapids, MI market, by the numbers

With 1.16 million residents, Grand Rapids, MI ranks 49th among the 387 metropolitan areas. Households, home values, education, business density, and which trades are already crowded, all from Census data.

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Michigan

The households

1.16 millionpopulation, 49th among 387 metros
$82,874household income (median)
$285,300median home value
27,591businesses with employees
23.7business density per 1,000

Its principal cities are Grand Rapids, Wyoming and Kentwood.

Home values tell their own story; here the median is $285,300, 14 percent below the national figure. Households here bring in a median of $82,874, 3 percent above the national figure. For a business that sells to homeowners, that combination sets the ceiling on what a job is worth.

Homeownership is 74.6% here, 9 points above the US share; that is the pool of people who hire roofers, plumbers and landscapers rather than calling a landlord. Education: 36.5% with a bachelor's or higher, about the same as the US share. Age first: the median is 36.8, 2.1 years below the national median. Unemployment 4%, 1 points below the US share.

Grand Rapids, MI versus Michigan: income 14 percent higher than the Michigan figure, home values 23 percent higher than the Michigan figure, business density 4 percent denser than the Michigan figure.

County Business Patterns 2023

The local business base

27,591 businesses with employees operate in Grand Rapids, MI. Business density is a first proxy for competition: 23.7 per 1,000 residents, 5 percent below the national figure. The busiest category listed below is restaurants (1,765 establishments). Home-services contractors make up 1,380 of those establishments, 5% of the total, about the same as the US share.

Business typeEstablishmentsPer 100k residentsShare ratio
Concrete foundation and structure contractors 23811011710.11.52ร—
General automotive repair 811111337291.20ร—
Other specialty trade contractors (paving, asphalt, fencing) 23899015913.71.13ร—
Automobile dealers 441117214.81.11ร—
Landscaping services 56173042536.61.09ร—
Highway, street and bridge construction 2373312.71.01ร—
Beauty salons 81211227723.81.00ร—
Roofing contractors 238160827.10.97ร—
General freight trucking 4841372320.96ร—
Plumbing, heating and air-conditioning contractors 23822034529.70.94ร—
Electrical contractors 23821025221.70.92ร—
Dentists 621241035.30.92ร—
Restaurants and other eating places 72251,765151.90.86ร—
Child day care services 624420817.90.77ร—
Personal care services (all) 812140234.60.76ร—
Grocery and convenience retailers 445122619.40.69ร—
Legal services 541140434.80.68ร—
Physicians' offices 621148241.50.67ร—
Self-storage facilities 531130413.50.67ร—
Lessors of real estate (all) 531129625.50.66ร—

Index: local share of all establishments divided by the US share; above 1 means the trade is more common here than nationally.

Grand Rapids, MI is dense with concrete contractors and general automotive repair compared with the US pattern. Concrete contractors show it most, with 117 establishments, 1.5 times the share nationwide. On the other side, real estate lessors, physicians' offices, self-storage operators and legal services are thin: fewer establishments per resident than the US pattern. Real estate lessors number just 296, about 66% of the US share, which is room for a well-run operator to be the obvious choice. Neither crowded nor thin: plumbing and HVAC contractors, roofing contractors and electrical contractors.

Three categories dominate by count: restaurants at 1,765, physicians' offices at 482 and landscaping services at 425. Scaled to residents, restaurants run 151.9 per 100,000, more than physicians' offices or landscaping services. The group picture: automotive businesses above the national pattern at 1.2 times, legal services below it at about 68% of.

For advertisers

What this means for advertising here

Many competitors in concrete contractors and general automotive repair means the auction is expensive and the map pack is crowded; the winners are the profiles with the freshest reviews and the pages that answer the search precisely. For real estate lessors, physicians' offices and self-storage operators, the opportunity is coverage. Few competitors means the business that shows up for every nearby town and every variant of the search collects most of it. High homeownership (74.6%) means a large pool of people who pay for their own repairs, replacements and yard work, which favors the home-services trades in this market. Younger residents (median age 2.1 years below the national median) split their attention between search, social feeds and AI assistants, so the presence has to be in all three.

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Data: US Census Bureau ACS 2024 5-year estimates and County Business Patterns 2023.

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