State of the Region 2025

PLACE | 09

Greater Grand Rapids is a vibrant and growing region. The region’s cost of living remains less than that of peer communities, reinforcing its reputation as an affordable and attractive place to live. Housing development continues across the region with prices below the national average. Industrial development remains active with more than a million square feet of new space added during the past year, while office vacancy has begun to ease as companies re-occupy space. Meanwhile, travel activity at the Gerald R. Ford International Airport reached record levels, signaling Greater Grand Rapids’ increasing role as both a destination and a well-connected hub. PLACE

The Right Place, Inc. | State of the Region 2025

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