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Grandville

Learn about the people, housing, costs and businesses in Grandville, Michigan

Median Home$337,938
Median Rent$1,326/month
Population76,977
Leading IndustriesTransportation · Public Administration · Construction3% transportation
Home Value Growth⬆⬆+19.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners77% of occupied units
NotableHigh Incomes$90k/year · top 25% nationally
Grandville
MI

Frequently Asked Questions

What are today's mortgage rates in Grandville?

As of today, the 30-year fixed mortgage rate for Grandville is approximately 6.910% (6.947% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Grandville?

The median home value in Grandville is $338k. The median monthly rent is $1,326. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grandville?

Home values in Grandville have increased 19.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Grandville?

Based on a typical all-in ownership cost of $1,413/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grandville is $90k/year.

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What industries drive the economy in Grandville?

The largest employment sectors in Grandville are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.