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- Mar 22, 2021
- 3 min
Wage growth falls flat in housing market
You may have seen the recent news about our region ranking among the fastest wage growth areas in the country. The Grand Rapids-Wyoming metropolitan statistical area – Ottawa, Kent, Barry and Montcalm counties – has seen a 5.2% wage growth, which is the 17th-fastest rate among 53 of the nation’s largest metro areas. This is great news. But before we schedule a Zoom party to celebrate, we need to talk about the other side of the story. While wages have ticked up 5.2% over five