Grand Rapids vs Troy
| Grand Rapids | Troy | |
|---|---|---|
| Population | 198,096 | 87,170 |
| Median Household Income | $69,108 | $120,045 |
| Median Home Value | $244,500 | $420,300 |
| Median Gross Rent | $1,266/mo | $1,602/mo |
| Homeownership Rate | 54.0% | 73.3% |
| Unemployment Rate | 5.2% | 4.4% |
| Bachelor's Degree or Higher | 41.6% | 64.8% |
| Median Age | 32.3 | 42.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.