Zip 48236 (Grosse Pointe Woods, MI) Economy


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Grosse Pointe Woods, MI is an affluent suburb of Detroit located in Macomb County. It has a population of about 10,000 people and offers many great amenities for its residents. The two bedroom rent is $1,690 which is $260 more than the US average. Also, the Grocery Cost Index in Grosse Pointe Woods is 100 compared to the US average. The area offers some great local businesses that are sure to meet all your needs. One such business is Grosse Pointe Woods Pharmacy which provides quality pharmaceutical services and health care products. Another business is D’Amore Pizza which serves delicious Italian dishes that have been family favorites for generations. Additionally, there are several stores such as Target and Whole Foods that provide groceries and other items at competitive prices. Furthermore, Grosse Pointe Woods Park offers a variety of outdoor activities such as biking, hiking trails, sailing on Lake St Clair, tennis courts and beach access for visitors to enjoy.

Grosse Pointe Woods (zip 48236) has an unemployment rate of 5.6%. The US average is 6.0%.

Grosse Pointe Woods (zip 48236) 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 (zip 48236)
- The Sales Tax Rate for Grosse Pointe Woods (zip 48236) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grosse Pointe Woods (zip 48236) 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 (zip 48236)
- The average income of a Grosse Pointe Woods (zip 48236) resident is $48,080 a year. The US average is $28,555 a year.
- The Median household income of a Grosse Pointe Woods (zip 48236) resident is $120,156 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrosse Pointe Woods, MichiganUnited States
  5.66
  -10.5%-6.2%
  35.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $63,309$37,638
  $120,156$69,021
  $145,026$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  3.6%6.8%
  14.4%10.0%
  2.2%2.5%
  6.4%11.0%
  2.0%4.8%
  0.6%0.8%
  2.1%1.9%
  7.3%4.7%
  2.5%1.9%
  14.4%7.6%
  0.2%0.1%
  1.7%4.2%
  10.9%9.3%
  16.8%14.0%
  3.3%2.1%
  4.3%7.0%
  2.3%4.8%
  4.7%4.7%
Reviews for Grosse Pointe Woods
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Over 16 years ago

It is a great family community oriented, we have everything, parks for each community grosse pointe, great school system and great  More

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