83 / 100

Kent County, MI

Grand Rapids

RANK #167 / 996 NAT  ·  #19 / 36 MI  ·  POP 657,321

1YR FORECAST: +3.5%

5YR OUTLOOK: +33%

Our model projects Kent County's housing market to grow +3.5% over the next year, significantly outpacing the national average.

[01] Why Kent County?

Kent County, Michigan, is anchored by Grand Rapids, a city known historically as "Furniture City" due to its past as a major furniture production hub. Located in West Michigan, the county offers a blend of urban amenities and rural landscapes. Commuting within Kent County is facilitated by The Rapid bus service, which connects Grand Rapids with surrounding communities like East Grand Rapids, Kentwood, and Wyoming. The community offers a diverse environment with a mix of neighborhoods, from affluent areas like East Grand Rapids to more urban settings in Wyoming. Over 5,000 acres of parks and natural areas, including Millennium Park, provide extensive outdoor recreation opportunities with miles of trails for hiking and biking.

Life in Kent County offers a range of experiences, with highly rated public schools, including districts like Forest Hills Public Schools and East Grand Rapids Public Schools. The county's economy is diverse, with a history in manufacturing and a growing presence in sectors like advanced manufacturing, health sciences, and technology, including artificial intelligence. Recent economic developments indicate continued investment in industrial and logistics operations, alongside efforts to address housing needs through strategic corridor development. While some residents face financial challenges, the region is working to attract and retain young professionals, contributing to a dynamic environment.

[02] Market Snapshot

Housing Ratio
3.4x

Undervalued relative to economy

GDP Growth
+1.6%

Below national median

Home Prices
+4.3%

Outpacing national median

Climate & Terrain
-2.3

Below-average climate & terrain

Price/Rent
12x

Below national median (13x)

Housing looks undervalued at 3.4x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Corewell Health (formerly Spectrum Health) Healthcare
    25,000+
  2. 2
    Meijer Inc. Retail
    10,000+
  3. 3
    Trinity Health Grand Rapids (formerly Mercy Health Saint Mary's) Healthcare
    5,000+
  4. 4
    Meritage Hospitality Group Inc. Hospitality
  5. 5
    Gordon Food Service Inc. Logistics
  6. 6
    Amway Corporation Manufacturing
    2,500+
  7. 7
    Perrigo Company plc Manufacturing
  8. 8
    Farmers Insurance Group Finance
  9. 9
    Steelcase Inc. Manufacturing
  10. 10
    Grand Valley State University Education

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Kent County U.S. National

The Numbers

DEMOGRAPHICS
Population
657,321
+0.36% YoY
Median Household Income
$76,247
Median Home Value
$242,200
+4.34% 12mo
Median Rent
$1,111
Average Annual Pay
$62,288
+3.7% YoY
Employment
415,565
+0.5% YoY
Income-to-Home-Value
0.3148
More affordable than average
Migration Inflow
3.1%
of pop. from another state
Bachelor's Degree+
38.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$330,000
Days on Market
22
Active market
Months of Supply
1.4
Seller's market
Sale-to-List Ratio
99.4%
Near asking price
Sold Above List
30.9%
Listings w/ Price Drops
28.0%
Building Permits (2024)
2,090
Single-Family Permits
1,141

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.5
per 100K · nat avg 6.3
Firearm Fatalities
8.8
per 100K · nat avg 14.8
Injury Deaths
67.6
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
48.3
Good
Good Air Days
54%
586 of 1,095 days
Unhealthy+ Days (3yr)
19
Includes 1 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
49
2022
47
2023
49
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$2,700M
TOTAL
PROJECT AMOUNT STATUS
Microsoft Data Center Campus (Gaines Township)
Microsoft
$1,000M Proposed
Microsoft Data Center Campus (Lowell Township)
Microsoft
$1,000M Proposed
Switch Pyramid Data Center Expansion
Switch
$500M Planned
Amazon Fulfillment Center (GRR1)
Amazon
$150M Operating
Corridor Strategy Residential Infill
Housing Next
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +1.6% 27 percentile
Population Growth +0.4% 45 percentile
Income Growth +9.3% 68 percentile
Vacancy Rate 0.7% 82 percentile
Home Price Change +4.3% 86 percentile
Rent Growth +3.6% 62 percentile
Price/Rent 12x 66 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Kent County, MI a good place to move to?

Kent County ranks #167 out of 996 U.S. counties on the Boom Town Index with a score of 83/100, placing it in the top tier nationally. Median household income is $76,247 and the underlying growth metrics (housing, migration, income) hold up against peer counties.

Is Kent County affordable?

Housing in Kent County is roughly in line with national affordability norms. The median home costs $242,200 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,111/month. Not a bargain, but not a stretch for most local earners either.

Is Kent County growing or shrinking?

Population and employment in Kent County are both close to flat — population +0.4% YoY and jobs +0.5%. Home values shifted +4.3% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Kent County?

There's a moderate stream of newcomers. About 3.1% of residents moved from another state, which is above average and suggests Kent County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Newaygo County, MI 83 St. Joseph County, MI 84 Saginaw County, MI 85 Marquette County, MI 81 Clinton County, MI 80 Eaton County, MI 87 Stark County, OH 82 Tulsa County, OK 85