Grosse Pointe Farms, MI
Population 9,957 · Michigan
About Grosse Pointe Farms, MI
Grosse Pointe Farms is a small town located in Michigan with a population of 9,957 residents according to the latest US Census Bureau American Community Survey data. The median household income is $160,589 per year, which is 114% above the national median of $75,149. The median age of 51 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 Grosse Pointe Farms features a median home value of $418,600, which is 71% above the national median of $244,900. This places Grosse Pointe Farms in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,500, 29% above the national average of $1,163/month. Of the 4,289 total housing units, 96% are owner-occupied (4,025 units) and 4% are renter-occupied (176 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grosse Pointe Farms shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grosse Pointe Farms have an average one-way commute time of 25.2 minutes.
Education & Demographics
78.9% of Grosse Pointe Farms 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 0.6% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 10.7% of the population being foreign-born.
How Grosse Pointe Farms Ranks in Michigan
Cost of Living in Grosse Pointe Farms, MI
Compared to national averages, Grosse Pointe Farms has a median household income of $160,589 (114% above the national median of $75,149). Home values average $418,600, which is 71% above the national median. Monthly rent at $1,500 is 29% above the US average of $1,163. Within Michigan, Grosse Pointe Farms's income is 143% above the state average of $66,017, and home values are 128% above the state median of $183,391.
Why Live in Grosse Pointe Farms, MI?
Grosse Pointe Farms offers a strong local economy with a median household income of $160,589, well above the national average, and a strong job market with an unemployment rate of just 2.3%, and a well-educated community where 78.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $418,600. However, Grosse Pointe Farms’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grosse Pointe Farms has a population of 9,957 with a median age of 51 years. Compare Grosse Pointe Farms with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Grosse Pointe Farms
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marysville | 9,942 | $69,661 | $185,500 | Compare |
| Muskegon Heights | 9,902 | $33,780 | $55,800 | Compare |
| Howell | 10,074 | $57,122 | $240,700 | Compare |
| Alpena | 10,178 | $47,604 | $110,400 | Compare |
| Lambertville | 9,708 | $100,134 | $233,500 | Compare |
| Comstock Park | 10,306 | $54,871 | $216,600 | Compare |
| Cadillac | 10,404 | $50,512 | $117,500 | Compare |
| Flat Rock | 10,418 | $73,288 | $201,400 | Compare |
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 Grosse Pointe Farms With Other Cities
Frequently Asked Questions about Grosse Pointe Farms
What is the population of Grosse Pointe Farms, MI?
The population of Grosse Pointe Farms, MI is 9,957 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Grosse Pointe Farms?
The median household income in Grosse Pointe Farms, MI is $160,589 per year, which is 114% above the national median of $75,149.
What is the median home value in Grosse Pointe Farms?
The median home value in Grosse Pointe Farms, MI is $418,600, which is 71% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grosse Pointe Farms?
The median monthly rent in Grosse Pointe Farms, MI is $1,500, which is 29% above the national average of $1,163/month.
What is the unemployment rate in Grosse Pointe Farms?
The unemployment rate in Grosse Pointe Farms, MI is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grosse Pointe Farms, MI a good place to live?
Grosse Pointe Farms offers above-average incomes, a competitive housing market, and a strong job market. With a population of 9,957 and a median age of 51, the city appeals to established professionals and retirees.
How educated is Grosse Pointe Farms, MI?
78.9% of residents in Grosse Pointe Farms 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 Grosse Pointe Farms?
Key cost-of-living indicators for Grosse Pointe Farms, MI: median home value is $418,600 (71% above national), median rent is $1,500/month, and median household income is $160,589. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grosse Pointe Farms?
The poverty rate in Grosse Pointe Farms, MI is 2.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grosse Pointe Farms, MI?
Grosse Pointe Farms's population is 0.6% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 1.0% two or more races. 10.7% of residents are foreign-born.