HomeOhioWood CountyGrand Rapids village
Grand Rapids village, Ohio: commercial real estate data.
Grand Rapids village is a Census village of 802 people across 0.88 square miles of land, in Wood County. Median household income is $76,250, 65.9 percent of occupied homes are owned, and the SBA record carries 20 7(a) approvals to borrowers here worth $3.4 m.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Grand Rapids
What Grand Rapids is
- Census place typevillage
- Land area0.88 sq mi
- Water area0.09 sq mi
- Population per square mile of land909
- County holding the largest share of its areaWood County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grand Rapids
How many people live in Grand Rapids
- Population802
- Median age39.3 plus or minus 10.4
- Population under 18184 plus or minus 53
- Share under 1822.9 percent plus or minus 5.1
- Population 65 and over150 plus or minus 39
- Share 65 and over18.7 percent
- Households334
- Family households201 plus or minus 42
- Share of households that are families60.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grand Rapids
Income and work in Grand Rapids
- Median household income$76,250
- Per capita income$38,168
- Civilian labor force432
- Employed422
- Unemployed10 plus or minus 13
- Unemployment rate2.3 percent plus or minus 3.0
- Adults 25 and over575
- Adults 25 and over with a high school diploma or higher97.2 percent plus or minus 21.4
- Adults 25 and over with a bachelor degree or higher27.3 percent plus or minus 6.7
- Adults 25 and over with a graduate degree9.9 percent plus or minus 5.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grand Rapids
Housing in Grand Rapids
- Housing units373
- Occupied units334
- Vacant units39 plus or minus 29
- Vacancy rate10.5 percent plus or minus 7.6
- Owner occupied220
- Renter occupied114 plus or minus 41
- Ownership rate65.9 percent
- Median owner-occupied home value$173,700
- Median gross rent, monthly$840
- Annual rent as a share of median income13.2 percent
- Single family units274
- Share single family73.5 percent
- Units in buildings of two or more60 plus or minus 32
- Share in buildings of two or more16.1 percent plus or minus 8.3
- Mobile homes39 plus or minus 22
- Median year structure built1965
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grand Rapids
How Grand Rapids gets to work
- Workers 16 and over who commute381
- Commuting under 15 minutes55 plus or minus 22
- Share commuting under 15 minutes14.4 percent plus or minus 5.0
- Commuting 30 minutes or more158 plus or minus 43
- Share commuting 30 minutes or more41.5 percent
- Drove alone87.0 percent
- Carpooled2.4 percent plus or minus 2.4
- Public transport0.0 percent
- Walked2.2 percent plus or minus 2.7
- Worked from home6.8 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grand Rapids
SBA loans in Grand Rapids (7(a))
- Approvals20
- Gross approval$3,449,700
- Average approval$172,485
- Median approval$80,000
- Ninetieth percentile approval$665,000
- Largest approval$1,345,000
- Jobs supported51
- Jobs per approval2.5
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more10.0 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS14
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Grand Rapids
Flood risk in Grand Rapids
- Listed NFIP communities1
- Of those, participating1
- NFIP community number390585
- Currently effective map date09/02/11
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Wood County, not Grand Rapids
Wood County context, not Grand Rapids figures
These are Wood County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Grand Rapids measurements.
- Establishments in Wood County2,862
- Employment at those establishments, Wood County63,310
- Covered employment, Wood County75,922
- Average annual pay, Wood County$56,557
- Average weekly wage, Wood County$1,088
- Housing units permitted, Wood County491
- Of those, single family, Wood County319
- County product, 2024, Wood County$10,692,029,000
- County product change over the prior year, Wood County3.9 percent
- Average income of an arriving household, Wood County$61,772
Every figure in this section is published for Wood County as a whole and is not a measurement of Grand Rapids. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Grand Rapids questions, answered from the record.
How many people live in Grand Rapids, Ohio?
802, in 334 households. Grand Rapids village covers 0.88 square miles of land, which is 909 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Grand Rapids in?
Wood County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Grand Rapids?
$76,250. The median owner-occupied home is valued at $173,700. Median gross rent is $840 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Grand Rapids businesses?
20 7(a) approvals totalling $3.4 m, across 6 lenders, median approval $80,000. These count approvals to borrowers whose address is in Grand Rapids, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Grand Rapids borrowers get paid back?
No rate is published for Grand Rapids. only 4 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Grand Rapids in the National Flood Insurance Program?
Yes. Grand Rapids appears in the FEMA Community Status Book as community 390585, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Grand Rapids figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wood County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Grand Rapids.
Is zoning published for Grand Rapids?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.