Grand Rapids, MI Foreclosed Homes & Properties

Foreclosure Homes for Sale in Grand Rapids, MI: Everything You Need to Know

Grand Rapids is the second-largest city in Michigan and has a population of 205,289. The population density is 4,587 people per square mile. This city's racial composition includes 67.53% Whites, 19.16% Blacks, 2.31% Asians, and 5.51% other races. The ancestry groups that make up some of the populous are German (24%), Dutch (21%), English (16%), Irish (11%), Polish (6.5%), and French (5%).  

The average age of the population is 31 years old. The average household income is $62,979, and the average value of a home is $131,700. The average household size is 2.57, and the average family size is 3.24. About 21.24% of the residents live under the poverty line, and the unemployment rate is 5.7%.  

Schools and Education 

The Grand Rapids Public School district is the third-largest employer in the city.  The district serves 15,000 students and has 1,084 teachers. The diverse student population represents more than 80 countries and speak over 70 different languages. The best schools in the district are Northview High School (HS), Central HS, East Grand Rapids Middle School (MS), City High MS, Knapp Forest Elementary School (ES), and Collins ES. There are about 40 private schools in Grand Rapids, serving 9,617 students.

Grand Rapids is a college town as there are at least 15 colleges and universities in the Metro area. The top 3 rated institutions are Hope College, Calvin College, and Grand Valley State University.  

The Cost of Living in Grand Rapids 

If you want to move to this city, consider the monthly expenses in this area when creating your budget. Overall, the cost of living in Grand Rapids, MI, is 9% lower than the national average. 

• Median Home Value: $281,764

• Average Rent: $882.64

• Electricity Bill: $150

• Phone Bill: $160

• Gas: $2.66 a gallon

• Food & Groceries: 7% lower than the national average

• Healthcare: $9% lower than the national average

• Vet visit: $48.95

• Sales Tax: 6%

The Local Sports Scene  

Team sporting events go on all year long in this city. The Amway River Bank Run, a 25K annual marathon, hosts thousands of runners from around the world. It even hosts a Couple's Scramble that is perfect for athletic couples looking to go on a unique date night.  

The state has four professional major league teams: Detroit Tigers (MLB), Detroit Lions (NFL), Detroit Red Wings (NHL), and the Detroit Pistons (NBA). There are various minor league sports in this city such as the minor league baseball team, the West Michigan Whitecaps, and an NBA G League team, the Grand Rapids Drive. The Grand Rapids Danger is a basketball team that is part of the American Basketball Association, and the Grand Rapid Fusion's that are part of the Independent Basketball Association.