Elk Rapids vs Grand Rapids
| Elk Rapids | Grand Rapids | |
|---|---|---|
| Population | 1,568 | 198,096 |
| Median Household Income | $70,938 | $69,108 |
| Median Home Value | $393,400 | $244,500 |
| Median Gross Rent | $1,056/mo | $1,266/mo |
| Homeownership Rate | 75.2% | 54.0% |
| Unemployment Rate | 1.3% | 5.2% |
| Bachelor's Degree or Higher | 45.4% | 41.6% |
| Median Age | 57.7 | 32.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.