Is Grosse Pointe Park, Michigan a Good Place To Live? - Living In Grosse Pointe Park, MI

Is Grosse Pointe Park, Michigan a good place to live?
Grosse Pointe Park is a city in Michigan state in USA with a population of 11108 residents.. The poverty rate of Grosse Pointe Park is 4%, which is 71% lower than national average. The typical household in Grosse Pointe Park earns $122800 a year, compared to the national median of $67,500. Nearly 15.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Grosse Pointe Park, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Grosse Pointe Park remained 2.9%, which is 38% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Grosse Pointe Park, only 68% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in Grosse Pointe Park is 116, which is 16% higher than national average. Median home value in Grosse Pointe Park is $370000 , which is 61% higher than national average. While median income in Grosse Pointe Park remained $122800, which is 82% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
11108
Unemployment
2.9%
38% NAT AVG.
Poverty
4%
71% NAT AVG.
Overall Score
10
Median Home Cost
$370000
61% NAT AVG.
Median Income
$122800
82% NAT AVG.
Median Rent
$1170
1% NAT AVG.
Cost Of Living
116
16% NAT AVG.
People Living BPL
1 in 25
Unemployed People
1 in 34
People Earning < $10,000
1 in 33
People Earning < $50,000
15.1%
People with <= High School
1 in 9.1
People With Any Degree
1 in 1.3
Pros & Cons Overview

Jobs90%

Housing85%

Affordability85%

Safety80%

Amenities90%

Diversity80%

Education95%

Commute70%