HomeMichiganWayne CountyGrosse Pointe Farms city
Grosse Pointe Farms city, Michigan: commercial real estate data.
Grosse Pointe Farms city is a Census city of 9,904 people across 2.73 square miles of land, in Wayne County. Median household income is $161,208, 96.6 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $2.7 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Grosse Pointe Farms
What Grosse Pointe Farms is
- Census place typecity
- Land area2.73 sq mi
- Water area9.59 sq mi
- Population per square mile of land3,624
- County holding the largest share of its areaWayne County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grosse Pointe Farms
How many people live in Grosse Pointe Farms
- Population9,904
- Median age48.9
- Population under 182,172 plus or minus 453
- Share under 1821.9 percent plus or minus 4.6
- Population 65 and over2,294
- Share 65 and over23.2 percent
- Households4,084
- Family households2,936
- Share of households that are families71.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grosse Pointe Farms
Income and work in Grosse Pointe Farms
- Median household income$161,208
- Per capita income$91,520
- Civilian labor force5,195
- Employed5,094
- Unemployed101 plus or minus 60
- Unemployment rate1.9 percent plus or minus 1.2
- Adults 25 and over7,305
- Adults 25 and over with a high school diploma or higher97.9 percent
- Adults 25 and over with a bachelor degree or higher76.9 percent
- Adults 25 and over with a graduate degree38.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grosse Pointe Farms
Housing in Grosse Pointe Farms
- Housing units4,199
- Occupied units4,084
- Vacant units115 plus or minus 82
- Vacancy rate2.7 percent plus or minus 1.9
- Owner occupied3,944
- Renter occupied140 plus or minus 71
- Ownership rate96.6 percent
- Median owner-occupied home value$442,000
- Median gross rent, monthly$1,408 plus or minus $1,121
- Annual rent as a share of median income10.5 percent plus or minus 8.4
- Single family units4,067
- Share single family96.9 percent
- Units in buildings of two or more132 plus or minus 69
- Share in buildings of two or more3.1 percent plus or minus 1.6
- Mobile homes0
- Median year structure built1946
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grosse Pointe Farms
How Grosse Pointe Farms gets to work
- Workers 16 and over who commute3,783
- Commuting under 15 minutes1,072 plus or minus 216
- Share commuting under 15 minutes28.3 percent
- Commuting 30 minutes or more1,406 plus or minus 367
- Share commuting 30 minutes or more37.2 percent plus or minus 8.8
- Drove alone69.2 percent
- Carpooled3.7 percent plus or minus 1.7
- Public transport0.2 percent plus or minus 0.3
- Walked1.6 percent plus or minus 1.1
- Worked from home25.3 percent plus or minus 5.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grosse Pointe Farms
SBA loans in Grosse Pointe Farms (7(a))
- Approvals14
- Gross approval$2,724,200
- Average approval$194,586
- Median approval$50,000
- Ninetieth percentile approval$350,000
- Largest approval$1,620,000
- Jobs supported87
- Jobs per approval6.2
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more7.1 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS9
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Grosse Pointe Farms
SBA loans in Grosse Pointe Farms (504)
- Approvals2
- Gross approval$6,096,000
- Average approval$3,048,000
- Median approval$5,500,000
- Largest approval$5,500,000
- Jobs supported102
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Grosse Pointe Farms
Flood risk in Grosse Pointe Farms
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260229
- Currently effective map date10/21/21
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Wayne County, not Grosse Pointe Farms
Wayne County context, not Grosse Pointe Farms figures
These are Wayne County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Grosse Pointe Farms measurements.
- Establishments in Wayne County33,699
- Employment at those establishments, Wayne County665,558
- Covered employment, Wayne County725,504
- Average annual pay, Wayne County$76,411
- Average weekly wage, Wayne County$1,469
- Housing units permitted, Wayne County2,629
- Of those, single family, Wayne County1,058
- County product, 2024, Wayne County$129,920,105,000
- County product change over the prior year, Wayne County3.9 percent
- Average income of an arriving household, Wayne County$60,504
Every figure in this section is published for Wayne County as a whole and is not a measurement of Grosse Pointe Farms. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Grosse Pointe Farms questions, answered from the record.
How many people live in Grosse Pointe Farms, Michigan?
9,904, in 4,084 households. Grosse Pointe Farms city covers 2.73 square miles of land, which is 3,624 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Grosse Pointe Farms in?
Wayne County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Grosse Pointe Farms?
$161,208. The median owner-occupied home is valued at $442,000. Median gross rent is $1,408 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Grosse Pointe Farms businesses?
14 7(a) approvals totalling $2.7 m, across 6 lenders, median approval $50,000, plus 2 504 approvals worth $6.1 m. These count approvals to borrowers whose address is in Grosse Pointe Farms, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Grosse Pointe Farms borrowers get paid back?
No rate is published for Grosse Pointe Farms. only 3 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Grosse Pointe Farms in the National Flood Insurance Program?
Yes. Grosse Pointe Farms appears in the FEMA Community Status Book as community 260229, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Grosse Pointe Farms figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wayne County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Grosse Pointe Farms.
Is zoning published for Grosse Pointe Farms?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.