Kent County

Business and Economy in Grand Rapids, MI

Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Grand Rapids, MI, is $40,355, and check out the following articles to get an inside look at its key industries and job opportunities.

Employment Overview

While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Grand Rapids’s economy.

Employment Rate in Kent County, MI

  Employed 96.9%
  Unemployed 3.1%

Occupations in Grand Rapids, MI

Employment in Grand Rapids, MI

Employment Armed Forces 0%
Employment Civilian Labor Force 67.3%
Employment Not in Labor Force 32.7%
Employment Total in Labor Force 67.3%

Industry in Grand Rapids, MI

Agriculture, Forestry, Fishing and Hunting and Mining 1.6%
Construction 3.8%
Manufacturing 16.8%
Wholesale Trade 3.3%
Retail Trade 10.5%
Transportation and Warehousing, and Utilities 2.9%
Information 1.7%
Finance and Insurance, and Real Estate and Rental and Leasing 5.3%
Professional, Scientific and Management and Administrative and Waste 10.4%
Educational Services and Health Care and Social Assistance 25.4%
Arts, Entertainment and recreation and Accommodation and food Services 11.4%
Other Services, Except Public Administration 4.9%
Public Administration 2.1%