Grosse Pointe Woods, Michigan 

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Economy in Grosse Pointe Woods, Michigan

Grosse Pointe Woods has an unemployment rate of 5.6%. The US average is 6.0%.

Grosse Pointe Woods 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 Woods
- The Sales Tax Rate for Grosse Pointe Woods is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grosse Pointe Woods 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 Woods
- The average income of a Grosse Pointe Woods resident is $40,762 a year. The US average is $28,555 a year.
- The Median household income of a Grosse Pointe Woods resident is $89,513 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYGrosse Pointe Woods, MichiganUnited States
  5.6%6.0%
  -10.5%-6.2%
  35.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $44,768$31,177
  $95,697$57,652
  $109,798$70,850
  POPULATION BY OCCUPATION
  0.1%1.3%
  0.1%0.6%
  3.8%6.2%
  11.1%10.4%
  1.9%2.7%
  7.4%11.6%
  1.6%4.1%
  0.6%0.9%
  2.6%2.1%
  7.8%4.7%
  1.8%1.9%
  10.9%6.7%
  0.0%0.1%
  2.2%4.3%
  13.8%9.3%
  17.1%13.8%
  4.2%2.2%
  3.6%7.4%
  5.8%4.9%
  3.5%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    MAPS OF GROSSE POINTE WOODS, MICHIGAN
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    ZIP CODES IN GROSSE POINTE WOODS, MICHIGAN
    48236


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