The Numbers

The Wealthy District is the center of a huge residential market.

  • Within a one mile radius you will find over
    28,000 people making up over
    10,000 households with an
    average income of $52,000 accounting for over
    $380 million in annual retail sales in the area.
  • Within a three mile radius you will find over
    145,000 people making up over
    51,000 households with an
    average income of $58,000 accounting for almost
    $2 billion in annual retail sales in the area.
  • Within a five mile radius you will find over
    260,000 people making up over
    97,000 households with an
    average income of $61,000 accounting for over
    $3.6 billion in annual retail sales in the area.

Wealthy Street is a major traffic corridor connecting the Downtown with the East Side at a rate of over 12,000 cars a day. Wealthy Street is easily accessed from both US 131 and I-196, both being less than a mile away.

The Wealthy Theatre is a major entertainment venue that draws thousands of patrons to performances, movies, concerts, and lectures on a monthly basis.

Information has been gathered from the US Census Bureau, US Department of Labor’s Bureau of Labor Statistics, the City of Grand Rapids, and Claritas Inc.

 

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