Living in Grosse Pointe Farms, Michigan
Cost of living, income, home prices, rent and demographics of Grosse Pointe Farms · Census data 2020–2024
Grosse Pointe Farms has 9,904 residents with a median age of 48.9. The median household income is $161,208 (121% higher than the Michigan median), the median home value is $442,000, the median rent is $1,408/month.
Grosse Pointe Farms at a glance
- Population
- 9,904
- Median age
- 48.9State: 40.2
- Median household income
- $161,208State: $72,875
- Median home value
- $442,000State: $231,600
- Median rent
- $1,408/moState: $1,129
- Homeowners
- 96.6%
- Bachelor's degree or higher
- 76.9%
- Average commute
- 24 min
Is Grosse Pointe Farms a good place to live?
Pros: Median household income 121% higher than the Michigan median; an average commute of 24 minutes; unemployment of 1.9%; a poverty rate of 2.5%.
Cons: Home values 91% higher than the state median.
The weather is best in June to September.
Cost of living in Grosse Pointe Farms
Housing is the biggest part of the cost of living. In Grosse Pointe Farms the median home value is $442,000, 33% higher than the U.S. median. Renters pay a median of $1,408 per month, which is 31.7% of household income. Homeowners with a mortgage pay $2,911 a month in housing costs.
Grosse Pointe Farms median household income
The median household income in Grosse Pointe Farms is $161,208 and the income per person is $91,520. 2.5% of residents live below the poverty line (Michigan: 13.2%).
Housing in Grosse Pointe Farms: homes for sale and rent
- Housing units
- 4,199
- Owner-occupied
- 96.6%
- Renter-occupied
- 3.4%
- Vacant
- 2.7%Includes seasonal homes
- Median year built
- 1946
- Average household size
- 2.41
Grosse Pointe Farms demographics
- Population
- 9,904
- Median age
- 48.9
- Under 18
- 21.9%
- 65 and older
- 23.2%
- Households
- 4,084
- Foreign-born
- 10.9%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Grosse Pointe Farms ›
Education in Grosse Pointe Farms
76.9% of adults 25 and older in Grosse Pointe Farms have a bachelor's degree or higher (Michigan: 32.4%), and 38.4% have a graduate or professional degree.
Jobs and commute in Grosse Pointe Farms
- Unemployment rate
- 1.9%State: 5.7%
- Average commute
- 24 minState: 24 min
- Work from home
- 25.3%
- Drive alone
- 69.2%
- Public transit
- 0.2%
- Walk to work
- 1.6%
- Homes with broadband
- 96.8%
Grosse Pointe Farms vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Grosse Pointe Farms | 9,904 | $161,208 | $442,000 | $1,408 |
| Grosse Pointe | 5,541 | $158,853 | $436,800 | $1,725 |
| Grosse Pointe Park | 11,319 | $124,111 | $473,100 | $1,379 |
| Grosse Pointe Woods | 16,094 | $126,395 | $342,100 | $1,879 |
| Village of Grosse Pointe Shores | 2,795 | $189,583 | $733,500 | — |
| Harper Woods | 15,116 | $65,022 | $157,200 | $1,351 |
| Eastpointe | 33,982 | $62,325 | $142,200 | $1,325 |
| St. Clair Shores | 58,140 | $73,500 | $210,700 | $1,183 |
| Roseville | 47,123 | $62,182 | $155,800 | $1,233 |
More for people moving to Grosse Pointe Farms
Grosse Pointe Farms ZIP code ›Weather and climate ›Living in Grosse Pointe Farms: FAQ
What is the median household income in Grosse Pointe Farms, MI?
The median household income in Grosse Pointe Farms is $161,208, 121% higher than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Grosse Pointe Farms?
The median home value in Grosse Pointe Farms is $442,000, compared with $231,600 in Michigan.
How much is rent in Grosse Pointe Farms?
The median gross rent in Grosse Pointe Farms is $1,408 per month, about 31.7% of household income.
Is Grosse Pointe Farms, MI a good place to live?
Pluses: median household income 121% higher than the Michigan median; an average commute of 24 minutes; unemployment of 1.9%; a poverty rate of 2.5%. Minuses: home values 91% higher than the state median.
What is the median age in Grosse Pointe Farms?
The median age in Grosse Pointe Farms is 48.9 years (Michigan: 40.2).
How long is the commute in Grosse Pointe Farms?
The average commute to work in Grosse Pointe Farms is 24 minutes; 25.3% of workers work from home.
What is the unemployment rate in Grosse Pointe Farms?
The unemployment rate in Grosse Pointe Farms is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Grosse Pointe Farms?
76.9% of adults in Grosse Pointe Farms have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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