Grand Rapids is a city in Minnesota state in USA with a population of 11218 residents.. The poverty rate of Grand Rapids is 18.2%, which is 30% higher than national average. The typical household in Grand Rapids earns $48247 a year, compared to the national median of $67,500. Nearly 51.1% 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 Grand Rapids, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Grand Rapids remained 5%, which is 6% higher than national rate. Nearly 1 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 Grand Rapids, only 29% of adults have a bachelor's degree and 37% have some college but no degree.

Cost of living in Grand Rapids is 99, which is 1% lower than national average. Median home value in Grand Rapids is $153200 , which is 33% lower than national average. While median income in Grand Rapids remained $48247, which is 29% lower than national average.