Posts tagged Forbes
The Best Cities For Raising A Family
Tom Van Riper, Forbes Staff
Grand Rapids, Michigan doesn’t boast a lot of affluence. The metro area population of 774,000 carries a median household of $47,040, good for just 65th place among America’s 100 largest MSAs. The city’s major claims to fame come from being a national leader in office furniture production, and for being the hometown of a U.S. president, Gerald Ford.
What Grand Rapids does have: the distinction of being the best metro area in the country to raise a family in. Income may be relatively low, but the cost of living is even lower. The local school system ranks in the top third in the country. Commuting to work is a breeze. The housing foreclosure mess didn’t leave Grand Rapids unscathed, chopping about 12% off area home values over the past few years. But that’s still quite modest compared to many other places. Almost 90% of Grand Rapids’ housing stock is affordable to a family at the median income level, the seventh-highest rate in the country. And the local crime rate falls well below the national average.