Grosse Pointe Park, MI
Population 11,394 · Michigan
About Grosse Pointe Park, MI
Grosse Pointe Park is a mid-sized city located in Michigan with a population of 11,394 residents according to the latest US Census Bureau American Community Survey data. The median household income is $121,796 per year, which is 62% above the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Grosse Pointe Park features a median home value of $460,500, which is 88% above the national median of $244,900. This places Grosse Pointe Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,365, 17% above the national average of $1,163/month. Of the 4,817 total housing units, 74% are owner-occupied (3,395 units) and 26% are renter-occupied (1,192 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grosse Pointe Park shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grosse Pointe Park have an average one-way commute time of 25.7 minutes.
Education & Demographics
71.4% of Grosse Pointe Park 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 0.8% White, 1.0% Hispanic or Latino, 0.1% Black or African American, and 0.6% Asian residents, with 5.7% of the population being foreign-born.
How Grosse Pointe Park Ranks in Michigan
Cost of Living in Grosse Pointe Park, MI
Compared to national averages, Grosse Pointe Park has a median household income of $121,796 (62% above the national median of $75,149). Home values average $460,500, which is 88% above the national median. Monthly rent at $1,365 is 17% above the US average of $1,163. Within Michigan, Grosse Pointe Park's income is 84% above the state average of $66,017, and home values are 151% above the state median of $183,391.
Why Live in Grosse Pointe Park, MI?
Grosse Pointe Park offers a strong local economy with a median household income of $121,796, well above the national average, and a strong job market with an unemployment rate of just 2.8%, and a well-educated community where 71.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $460,500. However, Grosse Pointe Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grosse Pointe Park has a population of 11,394 with a median age of 40.5 years. Compare Grosse Pointe Park with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Grosse Pointe Park
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| East Grand Rapids | 11,394 | $168,487 | $488,500 | Compare |
| Farmington | 11,472 | $94,115 | $273,000 | Compare |
| Clawson | 11,314 | $86,630 | $250,800 | Compare |
| Sturgis | 11,077 | $60,640 | $129,400 | Compare |
| Grand Haven | 10,966 | $60,665 | $242,400 | Compare |
| South Lyon | 11,825 | $83,822 | $280,900 | Compare |
| Niles | 11,838 | $47,815 | $115,400 | Compare |
| Fenton | 11,950 | $83,077 | $211,700 | 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 Park With Other Cities
Frequently Asked Questions about Grosse Pointe Park
What is the population of Grosse Pointe Park, MI?
The population of Grosse Pointe Park, MI is 11,394 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Michigan.
What is the median household income in Grosse Pointe Park?
The median household income in Grosse Pointe Park, MI is $121,796 per year, which is 62% above the national median of $75,149.
What is the median home value in Grosse Pointe Park?
The median home value in Grosse Pointe Park, MI is $460,500, which is 88% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grosse Pointe Park?
The median monthly rent in Grosse Pointe Park, MI is $1,365, which is 17% above the national average of $1,163/month.
What is the unemployment rate in Grosse Pointe Park?
The unemployment rate in Grosse Pointe Park, MI is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grosse Pointe Park, MI a good place to live?
Grosse Pointe Park offers above-average incomes, a competitive housing market, and a strong job market. With a population of 11,394 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Grosse Pointe Park, MI?
71.4% of residents in Grosse Pointe Park 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 Park?
Key cost-of-living indicators for Grosse Pointe Park, MI: median home value is $460,500 (88% above national), median rent is $1,365/month, and median household income is $121,796. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Grosse Pointe Park?
The poverty rate in Grosse Pointe Park, MI is 5.3%, 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 Park, MI?
Grosse Pointe Park's population is 0.8% White, 1.0% Hispanic or Latino, 0.1% Black or African American, 0.6% Asian, and 5.3% two or more races. 5.7% of residents are foreign-born.