Grandville, MI

Below Avg · 81

Michigan · Population 16,135 · Updated March 2026

$1,112
Median Rent / Month
$78,551
Median Income
$251,100
Median Home Value
$1,216
Owner Costs / Month

Affordability

How far your income goes in Grandville

17.0%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Michigan

State-level tax rates that affect your costs

4.25%
Income Tax (Top Rate)
6.0%
Sales Tax
1.38%
Property Tax Rate

Estimated Annual Costs

$13,344
Annual Rent
$3,338
State Income Tax
$3,465
Property Tax (est.)

Cost of Living Overview

Grandville is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 81 (where 100 equals the national median), Grandville residents can expect to pay median rent of $1,112/month while earning a median household income of $78,551/year.

The median home value in Grandville, MI is $251,100, with typical monthly owner costs around $1,216 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.0% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Michigan has a moderate income tax rate of 4.25%. Combined with a 6.0% sales tax rate and 1.38% effective property tax rate, the overall tax environment is a factor in the total cost of living in Grandville.

Frequently Asked Questions

Common questions about living costs in Grandville

What is the cost of living in Grandville, MI?
The cost of living index in Grandville, MI is 81 (US average = 100). Median monthly rent is $1,112, median household income is $78,551/year, and the median home value is $251,100.
Is Grandville, MI affordable?
Yes, Grandville is more affordable than the national average with a cost index of 81. The rent-to-income ratio is 17.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Grandville, MI?
The median gross rent in Grandville, MI is $1,112 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,344.
What is the median household income in Grandville?
The median household income in Grandville, MI is $78,551 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Michigan?
Michigan has a top income tax rate of 4.25%, a sales tax of 6.0%, and an effective property tax rate of 1.38%.