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Grand Rapids, MI Homes For Sale and Real Estate Data

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Net Worth and Debt Summary

Financial Characteristics

	Grand Rapids	Michigan
Median Household Net Worth	$36,119	$43,522
Average Household Net Worth	$123,993	$143,894
Median Value of Home Equity	$91,390	$100,860
Median Mortgage Debt	$37,450	$41,034

Net Worth

	Grand Rapids	Michigan
Net Worth: $0 or Less	9,315	436,909
Net Worth: $1-$5,000	10,668	499,221
Net Worth: $5,000-$10,000	5,456	268,631
Net Worth: $10,000-$25,000	9,308	481,437
Net Worth: $25,000-$50,000	9,809	531,241
Net Worth: $50,000-$100,000	11,934	663,216
Net Worth: $100,000-$250,000	13,727	790,200
Net Worth: $250,000-$500,000	5,261	315,423
Net Worth: Greater Than $500,000	2,741	173,308

Investments and Debt

	Grand Rapids	Michigan
Median Value of Transaction Accounts	$3,863	$4,756
Median Value of Certificates of Deposit	$15,427	$16,567
Median Value of Savings Bonds	$1,000	$1,065
Median Value of Bonds (Not US Savings)	$24,203	$27,192
Median Value of Stocks	$9,583	$10,859
Median Value of Mutual Funds	$13,949	$16,209
Median Value of Retirement Accounts	$15,005	$18,397
Median Value of Cash Value Life Ins	$4,052	$4,665
Median Value of Any Financial Assets	$25,344	$34,149
Median Value of Any Non-Financial Assets	$90,323	$108,499
Median Value of Business Equity	$80,527	$96,678
Median Credit Card Debt	$1,234	$1,331
Median Total Debts	$26,368	$31,458
Median Investment Real Estate Debt	$23,525	$26,780
Median Other Debt	$2,308	$2,716
Median Installment Loan Debt	$7,453	$7,937
Median Value of Investment Property Equity	$53,724	$58,361
Median Lines of Credit Debt	$1,966	$2,332
Median Value of Other Financial Assets	$4,758	$5,882
Median Value of Other Managed Accounts	$35,279	$38,947
Median Value of Other Non-Financial Assets	$8,488	$9,768
Median Value of Vehicles Owned	$8,537	$9,292

Top 10 List

Highest Earning

Zip

49546

$72,342

49506

$59,250

49525

$57,798

49508

$55,221

49534

$54,380

49544

$52,128

49512

$50,049

49505

$45,863

49548

$44,310

49504

$43,283

Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2007 OnBoard LLC. Information is deemed reliable but not guaranteed.

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