Living in Grosse Pointe Woods, Michigan
Cost of living, income, home prices, rent and demographics of Grosse Pointe Woods · Census data 2020–2024
Grosse Pointe Woods has 16,094 residents with a median age of 43.6. The median household income is $126,395 (73% higher than the Michigan median), the median home value is $342,100, the median rent is $1,879/month.
Grosse Pointe Woods at a glance
- Population
- 16,094
- Median age
- 43.6State: 40.2
- Median household income
- $126,395State: $72,875
- Median home value
- $342,100State: $231,600
- Median rent
- $1,879/moState: $1,129
- Homeowners
- 89.8%
- Bachelor's degree or higher
- 65.1%
- Average commute
- 24 min
Is Grosse Pointe Woods a good place to live?
Pros: Median household income 73% higher than the Michigan median; an average commute of 24 minutes; a poverty rate of 4.9%.
Cons: Home values 48% higher than the state median; unemployment of 5.8%.
The weather is best in June to September.
Cost of living in Grosse Pointe Woods
Housing is the biggest part of the cost of living. In Grosse Pointe Woods the median home value is $342,100, about the same as the U.S. median. Renters pay a median of $1,879 per month, which is 23.3% of household income. Homeowners with a mortgage pay $2,121 a month in housing costs.
Grosse Pointe Woods median household income
The median household income in Grosse Pointe Woods is $126,395 and the income per person is $62,415. 4.9% of residents live below the poverty line (Michigan: 13.2%).
Housing in Grosse Pointe Woods: homes for sale and rent
- Housing units
- 6,604
- Owner-occupied
- 89.8%
- Renter-occupied
- 10.2%
- Vacant
- 2.8%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 2.47
Grosse Pointe Woods demographics
- Population
- 16,094
- Median age
- 43.6
- Under 18
- 21.4%
- 65 and older
- 21.3%
- Households
- 6,418
- Foreign-born
- 5%
- Veterans
- 3.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Grosse Pointe Woods ›
Education in Grosse Pointe Woods
65.1% of adults 25 and older in Grosse Pointe Woods have a bachelor's degree or higher (Michigan: 32.4%), and 32.2% have a graduate or professional degree.
Jobs and commute in Grosse Pointe Woods
- Unemployment rate
- 5.8%State: 5.7%
- Average commute
- 24 minState: 24 min
- Work from home
- 27%
- Drive alone
- 68.3%
- Public transit
- 0%
- Walk to work
- 0.7%
- Homes with broadband
- 95.2%
Grosse Pointe Woods vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| 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 |
| Grosse Pointe Farms | 9,904 | $161,208 | $442,000 | $1,408 |
| Eastpointe | 33,982 | $62,325 | $142,200 | $1,325 |
| St. Clair Shores | 58,140 | $73,500 | $210,700 | $1,183 |
| Grosse Pointe | 5,541 | $158,853 | $436,800 | $1,725 |
| Grosse Pointe Park | 11,319 | $124,111 | $473,100 | $1,379 |
| Roseville | 47,123 | $62,182 | $155,800 | $1,233 |
More for people moving to Grosse Pointe Woods
Grosse Pointe Woods ZIP code ›Weather and climate ›Living in Grosse Pointe Woods: FAQ
What is the median household income in Grosse Pointe Woods, MI?
The median household income in Grosse Pointe Woods is $126,395, 73% 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 Woods?
The median home value in Grosse Pointe Woods is $342,100, compared with $231,600 in Michigan.
How much is rent in Grosse Pointe Woods?
The median gross rent in Grosse Pointe Woods is $1,879 per month, about 23.3% of household income.
Is Grosse Pointe Woods, MI a good place to live?
Pluses: median household income 73% higher than the Michigan median; an average commute of 24 minutes; a poverty rate of 4.9%. Minuses: home values 48% higher than the state median; unemployment of 5.8%.
What is the median age in Grosse Pointe Woods?
The median age in Grosse Pointe Woods is 43.6 years (Michigan: 40.2).
How long is the commute in Grosse Pointe Woods?
The average commute to work in Grosse Pointe Woods is 24 minutes; 27% of workers work from home.
What is the unemployment rate in Grosse Pointe Woods?
The unemployment rate in Grosse Pointe Woods is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Grosse Pointe Woods?
65.1% of adults in Grosse Pointe Woods 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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