Pros and Cons of Living In Grosse Pointe Woods, Michigan. Is Grosse Pointe Woods, MI a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

Grosse Pointe Woods, Michigan

Moving to Grosse Pointe Woods In Michigan ? Is Grosse Pointe Woods, MI a Nice Place To Live? Pros and Cons of Living in Grosse Pointe Woods, Michigan. Find out the best and worst about to live, raise a family or retire in Grosse Pointe Woods.

DEMOGRAPHICS

Population
15409
Unemployment
5.5%
17% NAT AVG.
Poverty
4.1%
71% NAT AVG.
Cost Of Living
107
7% NAT AVG.

ECONOMICS

Median Home Cost
$259600
13% NAT AVG.
Median Income
$111392
65% NAT AVG.
Median Rent
$1485
28% NAT AVG.
Overall Score
9.5

CRIME REPORT

Total Crime
133
63% NAT. AVG.
53% STATE AVG.
Violent Crime
11
81% NAT. AVG.
85% STATE AVG.
Property Crime
122
59% NAT. AVG.
41% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 24
Unemployed People
1 in 18
People Earning < $10,000
1 in 37
People Earning < $50,000
20.3%
People With Any Degree
1 in 1.4

ETHNICITY

Ethnicity Grosse Pointe Woods USA
White 89.5% 60.1%
African American 4.7% 12.2%
American Indian 0% 0.6%
Asian 1.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.2% 2.8%
Hispanic 2% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Grosse Pointe Woods USA
Less than $10,000 2.7% 5.8%
$10,000 to $14,999 1.5% 4.1%
$15,000 to $24,999 4.6% 8.5%
$25,000 to $34,999 4.4% 8.6%
$35,000 to $49,999 7.1% 12.0%
$50,000 to $74,999 13.6% 17.2%
$75,000 to $99,999 10.8% 12.8%
$100,000 to $149,999 20.7% 15.6%
$150,000 to $199,999 18.4% 7.1%

EDUCATION

Education Grosse Pointe Woods USA
< 9th Grade 0% 5.0%
9-12th Grade 1% 7.0%
High School or GED 10% 27.0%
Other College 17% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 35% 20.0%
Master's Degree 18% 9.0%
Professional Degree 7% 2.0%
Doctorate Degree 4% 1.0%
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. 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.

Cost of living in Grosse Pointe Woods is 107, which is 7% higher than national average. In Grosse Pointe Woods, only 64% of adults have a bachelor's degree and 25% have some college but no degree. 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.
Grosse Pointe Woods Scorecard

Jobs80%

Housing85%

Affordability85%

Safety85%

Amenities90%

Diversity60%

Education100%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS