The median home value in Grand Rapids, MN is $216,000. This is higher than the county median home value of $197,700. The national median home value is $338,100. The average price of homes sold in Grand Rapids, MN is $216,000. Approximately 58.93% of Grand Rapids homes are owned, compared to 36.11% rented, while 4.96% are vacant. Grand Rapids real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Grand Rapids real estate agent to arrange a tour today!
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Grand Rapids has a population of approximately 11,056 and experiences a population change rate of 42.40%. The population density is 489.8 / sq mi.
The median household income for Grand Rapids is $51,498, with 4,485 households and an average household size of 2.31.
The cost of living index in Grand Rapids is 85.2%.
The median value of a home in Grand Rapids is $216,000 with an appreciation rate of 13.2%. 58.9% of housing in the city is owned while 36.1% is rented.
The unemployment rate in Grand Rapids is 5.60%, and recent job growth is at -2.47%. Future job growth is projected at 19.74%.
The sales tax rate in Grand Rapids is 8.38%, while the income tax rate is 6.80%.
School expenditures in Grand Rapids are $25,830, and the school ratio is 14.8:1.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of -4.1 degrees. The average rainfall is approximately 28.1 inches per year, with 44.5 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 94.71 | 94.38 |
College Degree - 2 year | 14.23 | 13.86 |
College Degree - 4 year | 29.87 | 25.15 |
Graduate Degree | 8.57 | 6.36 |
Expenditures per Student | $25,830 | $25,830 |
Students per Teacher | 14.80 | 14.80 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Cohasset Elementary School | KG - 04 | 248 | 19.3 | 55721 |
Forest Lake Elementary School | KG - 04 | 401 | 17.3 | 55744 |
Marble Early Childhood Center | PK - PK | 33 | 8.6 | 55764 |
Murphy Elementary School | KG - 04 | 375 | 18.1 | 55744 |
Southwest Elementary School | KG - 04 | 380 | 18.3 | 55744 |
Vandyke Elementary School | PK - 04 | 418 | 14.3 | 55722 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Greenway Middle | 05 - 08 | 328 | 18.9 | 55722 |
Robert J. Elkington Middle School | 05 - 08 | 979 | 21 | 55744 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Grand Rapids Senior High School | 09 - 12 | 1153 | 21.7 | 55744 |
Greenway Senior High School | 09 - 12 | 300 | 16.2 | 55722 |
Infinity:Minnesota Digital Academy | 09 - 12 | 0 | null | 55744 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
* Grand Rapids Area Learning Center | 08 - 12 | 82 | 17 | 55744 |
* Nashwauk-Keewatin ALP | 09 - 12 | 17 | 17 | 55764 |
Grand Rapids Early Childhood Center | PK - PK | 69 | 14.2 | 55744 |
Itaskin Education Center | KG - 12 | 47 | 6.7 | 55744 |
Northland Educational Center | 06 - 12 | 9 | 15 | 55744 |