Kentwood, Michigan Median Income

Kentwood, Michigan has a population of 54,800, with a median household income of $68,200.

Current median income data for Kentwood.

$68,200

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Population

54,800

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Median Income

$68,200

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Unemployment

5.10%

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Housing Price

$266,000

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Crime Rate

4.70

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Internet Speed

295.00 Mbps

Kentwood is a smaller urban community located in Michigan. The city has a population that is above the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Michigan, Kentwood provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Kentwood has a population of 54,800, which is higher than the state average. This indicates a relatively larger urban presence within Michigan.

Income and Economy

The median household income in Kentwood is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Kentwood average around $266,000, which is relatively high compared to other cities in Michigan.

Employment and Safety

The unemployment rate in Kentwood is 5.10%, which is lower than the state average, indicating a relatively strong job market. Kentwood has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Michigan, Kentwood shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Michigan, Kentwood contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Kentwood

What is the population of Kentwood?

The population of Kentwood is approximately 54,800.

Is Kentwood a good place to live?

Kentwood offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Kentwood?

The median household income in Kentwood is around $68,200.

How expensive is housing in Kentwood?

The average housing price in Kentwood is approximately $266,000.