Grosse Pointe Woods is a city in Michigan state in USA with a population of 15409 residents.. The poverty rate of Grosse Pointe Woods is 4.1%, which is 71% lower than national average. The typical household in Grosse Pointe Woods earns $111392 a year, compared to the national median of $67,500. Nearly 20.3% 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 Woods, only 99% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Grosse Pointe Woods remained 5.5%, which is 17% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Grosse Pointe Woods, only 64% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Grosse Pointe Woods is 107, which is 7% higher than national average. Median home value in Grosse Pointe Woods is $259600 , which is 13% higher than national average. While median income in Grosse Pointe Woods remained $111392, which is 65% 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.