Lake Fenton vs Grand Rapids
| Lake Fenton | Grand Rapids | |
|---|---|---|
| Population | 6,316 | 198,096 |
| Median Household Income | $116,352 | $69,108 |
| Median Home Value | $396,800 | $244,500 |
| Median Gross Rent | $1,547/mo | $1,266/mo |
| Homeownership Rate | 87.4% | 54.0% |
| Unemployment Rate | 4.5% | 5.2% |
| Bachelor's Degree or Higher | 48.0% | 41.6% |
| Median Age | 50.0 | 32.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.