Operating Costs & Financing
Average Loan-to-Value is 65.0%.
Effective Property Tax
$24.20 per sq ft
Tax Rate (average for all types)
2.87%
Avg Loan-to-Value
65.0%
New Listings Trend, 12 Mo
Number of new listings by month over the past year in Grand Rapids.
Leading Commercial Asset Segments
Grand Rapids Demographics Overview
Population
20K
Population Growth (5Y)
+0.6%
Median Household Income
$68,213
College Educated
41.1%
Top Neighborhoods for Investment
Discover the areas of Grand Rapids with the highest concentration of for-sale assets and compare their average market prices.
| Neighborhood | Price Range | Average Price |
|---|---|---|
| 55744 | $37.5K - 70K | $13.4K |
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