Grand Beach, MI
Population 368 · Michigan
About Grand Beach, MI
Grand Beach is a small community located in Michigan with a population of 368 residents according to the latest US Census Bureau American Community Survey data. The median household income is $115,000 per year, which is 53% above the national median of $75,149. The median age of 62.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Grand Beach features a median home value of $1,081,700, which is 342% above the national median of $244,900. This places Grand Beach in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 573 total housing units, 97% are owner-occupied (201 units) and 3% are renter-occupied (7 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grand Beach shows an unemployment rate of 7.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grand Beach have an average one-way commute time of 32.2 minutes.
Education & Demographics
70.4% of Grand Beach residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.3% of the population being foreign-born.
How Grand Beach Ranks in Michigan
Cost of Living in Grand Beach, MI
Compared to national averages, Grand Beach has a median household income of $115,000 (53% above the national median of $75,149). Home values average $1,081,700, which is 342% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Grand Beach's income is 74% above the state average of $66,017, and home values are 490% above the state median of $183,391.
Why Live in Grand Beach, MI?
Grand Beach offers a strong local economy with a median household income of $115,000, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 70.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,081,700. However, Grand Beach’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grand Beach has a population of 368 with a median age of 62.5 years. Compare Grand Beach with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Grand Beach
Cities in Michigan with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Grand Beach With Other Cities
Frequently Asked Questions about Grand Beach
What is the population of Grand Beach, MI?
The population of Grand Beach, MI is 368 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Grand Beach?
The median household income in Grand Beach, MI is $115,000 per year, which is 53% above the national median of $75,149.
What is the median home value in Grand Beach?
The median home value in Grand Beach, MI is $1,081,700, which is 342% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grand Beach?
The median monthly rent in Grand Beach, MI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Grand Beach?
The unemployment rate in Grand Beach, MI is 7.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Grand Beach, MI a good place to live?
Grand Beach offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 368 and a median age of 62.5, the city appeals to established professionals and retirees.
How educated is Grand Beach, MI?
70.4% of residents in Grand Beach aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Grand Beach?
Key cost-of-living indicators for Grand Beach, MI: median home value is $1,081,700 (342% above national), median rent is $0/month, and median household income is $115,000. The home-value-to-income ratio is 9.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Grand Beach?
The poverty rate in Grand Beach, MI is 2.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grand Beach, MI?
Grand Beach's population is 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.3% of residents are foreign-born.