Kent County
Michigan · Pop. 664,958
Ranked #46 of 200 counties
52Moderate
Median Home Price
🏠$280K
4.5% YoY
Median Rent
🔑$1,300
Median Income
💰$62K
Rent Burden
📊28.0%
% of income to rent
Housing Shortage
🏗️10,000
estimated unit deficit
Building Permits (2024)
📋4,200
Price-to-Income Ratio
⚖️4.5x
Homeownership Rate
🏡64.5%
How Kent County Compares
| Metric | Kent County | Michigan | National |
|---|---|---|---|
| Home Price | $280K | $236K | $410K |
| Rent | $1,300 | $1,101 | $1,500 |
| Income | $62K | $69K | $75K |
| Rent Burden | 28.0% | 30.0% | 30.0% |
| Homeownership | 64.5% | 74.0% | 65.0% |
Key Takeaways
- • Home prices are 32% below the national average.
- • Rent is 13% below the national average.
- • The county has an estimated housing shortage of 10,000 units.
- • 4,200 building permits were issued in 2024.
- • Year-over-year home prices changed by 4.5%.