Real Estate

Grand Rapids suburb is the 'best city' in Michigan

January 7, 2019
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Grand Rapids suburb ranks as 'most-educated town' in state
East Grand Rapids refers to Gaslight Village as the “heart” of the city. Photo via fb.com

A suburb of Grand Rapids is considered the best place to live in the state.

East Grand Rapids is the “best city to live” in Michigan, according to a report on the best cities to live in each state by 24/7 Wall Street and posted by USA Today last week.

The article highlights the city’s park system, proximity to Grand Rapids and active community.

East Grand Rapids is one of the wealthiest cities in both Michigan and the U.S., according to the article. The typical household earns over $118,000 a year, compared to $55,322 for a typical household nationwide.

East Grand Rapids residents also benefit from a relatively low cost of living, as goods and services are 7-percent less expensive than the national average.

The city’s median home value is $303,400, and it has a population of 11,297, with a 5.2-percent increase over five years.

“Hearing news like this is so gratifying,” East Grand Rapids Mayor Amna Seibold said. “It has always been our mission to make East a better place to live. Between the city staff, our thriving businesses, strong education system and most importantly, our residents, we have been able to work together to make EGR the wonderful community it is.”

Methodology

24/7 Wall Street created a weighted index of 26 measures that fall into one of four categories: affordability, economy, quality of life and community.

The index considered all boroughs, census designated places, cities, towns and villages with at least 8,000 residents.

24/7 Wall Street is a USA Today content partner offering financial news and commentary.

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