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Businesses for Sale | Grand Rapids, Michigan

Discover business opportunities, in or around Grand Rapids, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Grand Rapids, located in The Great Lakes State had a total population of 202,902 people.

Top Franchise Opportunities in Grand Rapids, Michigan on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Business Opportunities$30,000
2Pet Franchises$90,000
3Business Services$50,000
4Food & Restaurant$25,000
5Computer & Internet Franchises$10,000
6Sports & Leisure$60,000
7Business Opportunities$100,000
8Financial Franchises$70,000
9Home Services & Repair Franchises$100,000
10Home Services & Repair Franchises$50,000

City Statistics and Other Information About Grand Rapids

Demographics

From a total population of 202,902, Grand Rapids has a median age of 32. The average age of males, in Grand Rapids, is 31 while the average age of females is 32. When you compare the median age of men and women in Grand Rapids, there is an average difference of 1.4 years.

Income

The median income of individuals, in Grand Rapids, is $38,682 while the average household income is $66,511. In 2029, the average income per capita for Grand Rapids is expected to be $38,682.

Additional Information

49501 - 49599
Kent County

Is Grand Rapids the Best Location for Franchise Opportunities and Growth?

What is the average income in Grand Rapids?

The median household income in Grand Rapids is $66,511, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Grand Rapids an affordable place to start a franchise?

With a median income of $66,511, Grand Rapids presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Grand Rapids's income compare to other locations?

The median income of $66,511 in Grand Rapids is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Grand Rapids have a stable workforce to support my business?

Absolutely! With 58,689 employed individuals, Grand Rapids offers a solid labor force to support franchise growth.

Is Grand Rapids a growing economy?

With a workforce of 58,689 and a median household income of $66,511, Grand Rapids provides an emerging economic environment for new business opportunities.

Does homeownership in Grand Rapids indicate a stable market?

Homeownership rates at 44,020 show a strong local investment in the community, which benefits long-term franchise success.

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