Grosse Pointe, MI is an affluent suburb of Detroit with a population of 5,480. Located along Lake St Clair it offers both residents and visitors a variety of shopping, entertainment, and dining options. The 2 bedroom rent in Grosse Point is slightly higher then the national average at $1,450 compared to the US average of $1,430. Additionally, the Grocery Cost Index is 102 versus 100 in the US making it slightly more expensive to purchase food items here than nationally. Major companies in Grosse Point include Ford Motor Company and Quicken Loans while local restaurants range from classic bars such as Gator Jake’s to upscale Italian eatery Trattoria Da Luigi. All together Grosse Pointe offers its residents and visitors an exciting array of experiences to enjoy.
Grosse Pointe has an unemployment rate of 5.6%. The US average is 6.0%.
Grosse Pointe has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Grosse Pointe
- The Sales Tax Rate for Grosse Pointe is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grosse Pointe is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Grosse Pointe
- The average income of a Grosse Pointe resident is $57,045 a year. The US average is $28,555 a year.
- The Median household income of a Grosse Pointe resident is $125,909 a year. The US average is $69,021 a year.