The Village of Grosse Pointe Shores, MI is a great place to live. With an average rent of only $1,610 for two-bedroom homes, it is an affordable option for those looking for a place to call home. The grocery cost index in the area is also comparable to the US average at 100. There are numerous local businesses and places to explore in this village, including The Woods Fine Wine and Spirits, Grosse Pointe Farms Bakery & Café, and Kayak Cafe & Creamery. Additionally, there are several parks and beaches in the area that offer plenty of outdoor activities to enjoy.
Village of Grosse Pointe Shores has an unemployment rate of 5.6%. The US average is 6.0%.
Village of Grosse Pointe Shores 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 Village of Grosse Pointe Shores
- The Sales Tax Rate for Village of Grosse Pointe Shores is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Village of Grosse Pointe Shores 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 Village of Grosse Pointe Shores
- The average income of a Village of Grosse Pointe Shores resident is $81,661 a year. The US average is $28,555 a year.
- The Median household income of a Village of Grosse Pointe Shores resident is $147,391 a year. The US average is $69,021 a year.