Grosse Pointe Woods, MI
Population 16,177 · Michigan
About Grosse Pointe Woods, MI
Grosse Pointe Woods is a mid-sized city located in Michigan with a population of 16,177 residents according to the latest US Census Bureau American Community Survey data. The median household income is $129,442 per year, which is 72% above the national median of $75,149. The median age of 43.3 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 Woods features a median home value of $322,500, which is 32% above the national median of $244,900. This positions Grosse Pointe Woods in a moderately priced market relative to the rest of the country. Median monthly rent is $1,755, 51% above the national average of $1,163/month. Of the 6,609 total housing units, 90% are owner-occupied (5,763 units) and 10% are renter-occupied (607 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grosse Pointe Woods shows an unemployment rate of 6.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grosse Pointe Woods have an average one-way commute time of 25.2 minutes.
Education & Demographics
65.9% of Grosse Pointe Woods 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 0.9% White, 0.8% Hispanic or Latino, 0.1% Black or African American, and 0.5% Asian residents, with 4.8% of the population being foreign-born.
How Grosse Pointe Woods Ranks in Michigan
Cost of Living in Grosse Pointe Woods, MI
Compared to national averages, Grosse Pointe Woods has a median household income of $129,442 (72% above the national median of $75,149). Home values average $322,500, which is 32% above the national median. Monthly rent at $1,755 is 51% above the US average of $1,163. Within Michigan, Grosse Pointe Woods's income is 96% above the state average of $66,017, and home values are 76% above the state median of $183,391.
Why Live in Grosse Pointe Woods, MI?
Grosse Pointe Woods offers a strong local economy with a median household income of $129,442, well above the national average, and a well-educated community where 65.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.3%, better than the national average.
Grosse Pointe Woods has a population of 16,177 with a median age of 43.3 years. Compare Grosse Pointe Woods with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Grosse Pointe Woods
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Grandville | 16,135 | $78,551 | $251,100 | Compare |
| Mount Clemens | 15,567 | $57,663 | $169,000 | Compare |
| Traverse City | 15,491 | $71,731 | $367,600 | Compare |
| Wixom | 17,126 | $68,319 | $336,200 | Compare |
| Northview | 15,225 | $82,853 | $262,200 | Compare |
| Harper Woods | 15,205 | $61,446 | $143,600 | Compare |
| Berkley | 15,084 | $113,103 | $289,200 | Compare |
| Jenison | 17,334 | $86,063 | $257,600 | 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 Woods With Other Cities
Frequently Asked Questions about Grosse Pointe Woods
What is the population of Grosse Pointe Woods, MI?
The population of Grosse Pointe Woods, MI is 16,177 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 Woods?
The median household income in Grosse Pointe Woods, MI is $129,442 per year, which is 72% above the national median of $75,149.
What is the median home value in Grosse Pointe Woods?
The median home value in Grosse Pointe Woods, MI is $322,500, which is 32% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grosse Pointe Woods?
The median monthly rent in Grosse Pointe Woods, MI is $1,755, which is 51% above the national average of $1,163/month.
What is the unemployment rate in Grosse Pointe Woods?
The unemployment rate in Grosse Pointe Woods, MI is 6.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Grosse Pointe Woods, MI a good place to live?
Grosse Pointe Woods offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 16,177 and a median age of 43.3, the city appeals to a broad range of residents.
How educated is Grosse Pointe Woods, MI?
65.9% of residents in Grosse Pointe Woods 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 Woods?
Key cost-of-living indicators for Grosse Pointe Woods, MI: median home value is $322,500 (32% above national), median rent is $1,755/month, and median household income is $129,442. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grosse Pointe Woods?
The poverty rate in Grosse Pointe Woods, MI is 4.3%, 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 Woods, MI?
Grosse Pointe Woods's population is 0.9% White, 0.8% Hispanic or Latino, 0.1% Black or African American, 0.5% Asian, and 6.0% two or more races. 4.8% of residents are foreign-born.