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Michigan Center vs Grand Rapids: Housing

Michigan CenterGrand Rapids
Median Home Value$167,100$244,500
Median Gross Rent$1,328/mo$1,266/mo
Homeownership Rate83.4%54.0%
Rent as Share of Income25.0%22.0%

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.