Businesses for Sale | Grosse Pointe Park, Michigan
Discover business opportunities, in or around Grosse Pointe Park, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Grosse Pointe Park, located in The Great Lakes State had a total population of 10,905 people.
City Statistics and Other Information About Grosse Pointe Park
Demographics
From a total population of 10,905, Grosse Pointe Park has a median age of 41. The average age of males, in Grosse Pointe Park, is 41 while the average age of females is 41. When you compare the median age of men and women in Grosse Pointe Park, there is an average difference of 0.61 years.
Income
The median income of individuals, in Grosse Pointe Park, is $87,130 while the average household income is $124,213. In 2029, the average income per capita for Grosse Pointe Park is expected to be $87,130.
Additional Information
Wayne CountyIs Grosse Pointe Park the Best Location for Franchise Opportunities and Growth?
What is the average income in Grosse Pointe Park?
The median household income in Grosse Pointe Park is $124,213, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Grosse Pointe Park an affordable place to start a franchise?
With a median income of $124,213, Grosse Pointe Park presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Grosse Pointe Park's income compare to other locations?
The median income of $124,213 in Grosse Pointe Park is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Grosse Pointe Park have a stable workforce to support my business?
Absolutely! With 3,353 employed individuals, Grosse Pointe Park offers a solid labor force to support franchise growth.
Is Grosse Pointe Park a growing economy?
With a workforce of 3,353 and a median household income of $124,213, Grosse Pointe Park provides a stable economic environment for new business opportunities.
Does homeownership in Grosse Pointe Park indicate a stable market?
Homeownership rates at 3,295 show a strong local investment in the community, which benefits long-term franchise success.
