WM Overview_2024 Update

COST OF LIVING INDEX

108.9

Austin, TX Boise City, ID Nashville, TN Grand Rapids, MI Louisville, KY Salt Lake City, UT

104.8

99.1 99.1

97.1

96.8

0

90

95

100

105

110

DATA SOURCE: Council for Community and Economic Research 2023 Annual Data

RACE & ETHNICITY

POPULATION PERCENT

# 3

Best Business Climate (Mid-Sized) Business Facilities

White, Non-Hispanic

1,309,133

79.31%

Hispanic

150,472

9.11%

Black, Non-Hispanic

108,543

6.58%

Two or More Races, Non-Hispanic

38,874

2.35%

$ 73,941 GREATER GRAND RAPIDS

Asian, Non-Hispanic

35,813

2.17%

American Indian or Alaskan Native, Non-Hispanic Native Hawaiian or Pacific Islander, Non-Hispanic

7,380

0.45%

530

0.03%

MEDIAN HOUSEHOLD INCOME

DATA SOURCE: US Census 2023 ACS 5 Year

Best Manufacturing Hubs (Large) Grand Rapids–Kentwood – Business Facilities # 1

$ 74,755 NATIONAL

DATA SOURCE: US Census 2022: ACS 5-Year Estimates

LANGUAGES SPOKEN

POPULATION

English Only

1,405,345

Spanish

74,497

Indo-European languages

23,750

Asian and Pacific Island languages

17,465

DATA SOURCE: US Census 2019 ACS 5 Year

POPULATION AGE

25.5% 27.9% 23.9% 19.1% 3.6%

0 to 19 20 to 39 40 to 59 60 to 79 80 or older

AGE* 37.4

MEDIAN

DATA SOURCE: US Census 2022: ACS 5-Year Estimates

*FOR GRAND RAPIDS, KENTWOOD, & MUSKEGON CSA

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