Cost of Living in Grosse Pointe Woods, MI
Population 16,177 · Michigan · Data vintage 2023
(100 = US avg)
Grosse Pointe Woods sits on the smaller end of the Michigan city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 6.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Grosse Pointe Woods sits roughly 7 miles southeast of Warren — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 77% higher than Warren's $182,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Grosse Pointe Woods
The median home value in Grosse Pointe Woods is $322,500 — 6% above the national median of $305,000. Median rent runs $1,755/month, 34% higher than the national median of $1,314/month. The median household income of $129,442/year is 74% higher than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. Overall, Grosse Pointe Woods has a cost of living index of 117 versus the US average of 100, meaning it is 17% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Grosse Pointe Woods, MI?
Grosse Pointe Woods has a cost index of 117 (100 = national average). It is 17% above the national average.
What is average rent in Grosse Pointe Woods, MI?
The median gross rent in Grosse Pointe Woods is $1,755 per month based on 2023 Census data.
What is the average home price in Grosse Pointe Woods?
The median home value in Grosse Pointe Woods is $322,500 according to Zillow and Census data.
What is the median income in Grosse Pointe Woods?
The median household income in Grosse Pointe Woods is $129,442 per year (2023 ACS 5-year estimates).
What is the sales tax in Grosse Pointe Woods, MI?
The combined state and local sales tax rate in Grosse Pointe Woods is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Grosse Pointe Woods, MI affordable?
Grosse Pointe Woods is above average in cost of living, with an index of 117 — about 17% higher than the national average.
Grosse Pointe Woods at a Glance
- Population
- 16,177
- Median Income
- $129,442
- Home Value
- $322,500
- Median Rent
- $1,755/mo
- Unemployment
- 6.2%
- Sales Tax
- 6.0%
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Michigan Rankings
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