Big Rapids is a city in Michigan state in USA with a population of 10358 residents.. The poverty rate of Big Rapids is 37.7%, which is 169% higher than national average. The typical household in Big Rapids earns $28628 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 71% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Big Rapids, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Big Rapids remained 7.8%, which is 66% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Big Rapids, only 30% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Big Rapids is 81, which is 19% lower than national average. Median home value in Big Rapids is $100100 , which is 56% lower than national average. While median income in Big Rapids remained $28628, which is 58% lower than national average.