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Grand Rapids Housing, Costs

Monthly Grand Rapids housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

1,772

100.0%

 

 

 

With a mortgage

1,142

64.4%

Less than $200 monthly

0

0.0%

$200 - $299 monthly

15

1.3%

$300 - $399 monthly

68

6.0%

$400 - $499 monthly

158

13.8%

$500 - $599 monthly

173

15.1%

$600 - $699 monthly

137

12.0%

$700 - $799 monthly

159

13.9%

$800 - $899 monthly

102

8.9%

$900 - $999 monthly

99

8.7%

$1,000 - $1,499 monthly

125

10.9%

$1,500 - $1,999 monthly

49

4.3%

$2,000 - $2,499 monthly

12

1.1%

$2,500 - $2,999 monthly

16

1.4%

$3,000 or more monthly

29

2.5%

Median in dollars

713

 

 

 

 

Without a mortgage

630

35.6%

Less than $100 monthly

9

1.4%

$100 - $149 monthly

94

14.9%

$150 - $199 monthly

147

23.3%

$200 - $249 monthly

186

29.5%

$250 - $299 monthly

97

15.4%

$300 - $399 monthly

70

11.1%

$400 - $499 monthly

9

1.4%

$500 - $699 monthly

18

2.9%

$700 or more monthly

0

0.0%

Median in dollars

217

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

1,142

64.4%

Less than 20%

532

46.6%

20 - 24%

184

16.1%

25 - 29%

107

9.4%

30 - 34%

92

8.1%

35% or more

227

19.9%

Not computed

0

0.0%

Median

21.1%

 

 

 

 

Without a mortgage

630

35.6%

Less than 20%

556

88.3%

20 - 24%

8

1.3%

25 - 29%

25

4.0%

30 - 34%

7

1.1%

35% or more

34

5.4%

Not computed

0

0.0%

Median

10.0%

 





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