Grosse Pointe Farms, MI
9,904Residents
$161,208Median household income
$1,408/moMedian gross rent
$442,000Median home value
48.9Median age
77%Adults with a bachelor’s degree or higher
97%Homes lived in by their owners
2.7×Home value to household income
Median rent takes about 10% of the median household income in Grosse Pointe Farms.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $56,000 a year. In Michigan that leaves roughly $3,733 a month after tax. See the full paycheck breakdown for $55,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.