RPI Insider | Q4 2019

A CLOSER LOOK AT GRAND RAPIDS’ REPORT The Grand Rapids-Wyoming Metropolitan Statistical Area (MSA) consists of Kent, Ottawa, Montcalm and Barry counties. With an estimated 1,069,405 residents, it’s the 53rd largest MSA in the nation. Here are the results for the Grand Rapids-Wyoming MSA for the 2019 Metro Monitor

10-YEAR ANALYSIS: 2007 – 2017

GROWTH: Overall Rank – 28 out of 100 • Percentage change in jobs 16.0% (15 out of 100) • Percentage change in Gross Metro Product 16.4% (29 out of 100) • Percentage change in jobs at young firms -20.8% (70 out of 100) PROSPERITY: Overall Rank – 61 out of 100 • Percentage change in productivity 0.3% (83 out of 100) • Percentage change in standard of living 7.9% (24 out of 100) • Percentage change in average annual wage 4.5% (57 out of 100) INCLUSION: Overall Rank – 9 out of 100 • Percentage change in median earnings -2.0% (59 out of 100) • Percentage change in relative poverty -8.5% (19 out of 100) • Percentage change in employment rate 6.5% (2 out of 100) INCLUSION BY RACE: Overall Rank – 28 out of 100 • Change in white/people of color median earnings gap -$1,299 (32 out of 100) • Change in white/people of color relative poverty gap -1.4 points (30 out of 100) • Change in white/people of color employment rate gap -2.1 points (40 out of 100)

MONTCALM

KENT

OTTAWA

BARRY

Grand Rapids-Wyoming Metropolitan Statistical Area (MSA)

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DATACONOMY: BROOKINGS REPORT

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