Grosse Pointe Park, MI Median Household Income By Race

Grosse Pointe Park, MI median household income diversity

Based on our analysis of the distribution of Grosse Pointe Park population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 84.58% of the total residents in Grosse Pointe Park. Notably, the median household income for White households is $130,028.

Interestingly, despite the White population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $245,500. This reveals that, while Whites may be the most numerous in Grosse Pointe Park, Some Other Race households experience greater economic prosperity in terms of median household income.

For a better visual representation of these income disparities, take a look at the bar chart below. It illustrates the varying median household incomes across races, providing a clear comparison for each of the racial categories defined by the U.S. Census Bureau. All incomes have been adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).

In Grosse Pointe Park, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $245,500. White households have a median income of approximately $130,028. Asian households have a median income of approximately $110,921. Black or African American households have a median income of approximately $99,493. Conversly, Two or More Races households reveal the lowest median income at $86,506. These disparities underscore the varied income distribution within the city of Grosse Pointe Park.

Grosse Pointe Park, MI median household income trends across races

A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Grosse Pointe Park, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Grosse Pointe Park.

Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:

• White: In Grosse Pointe Park, the median household income for the households where the householder is White decreased by $8,592(6.20%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $138,620 in 2013 and $130,028 in 2023.
• Black or African American: In Grosse Pointe Park, the median household income for the households where the householder is Black or African American increased by $48,876(96.56%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $50,617 in 2013 and $99,493 in 2023.
• American Indian and Alaska Native: The U.S. Census Bureau population data for Grosse Pointe Park, indicates a lack of households led by American Indian and Alaska Native individuals. As a result, the median household income for the American Indian and Alaska Native population is not available.
• Asian: In Grosse Pointe Park, there was no reported median household income for Asian households in 2013. However, in 2023, the median household income increased to $110,921, marking a significant change.
• Native Hawaiian and Other Pacific Islander: Even though there is a population where the householder is Native Hawaiian and Other Pacific Islander, there was no median household income reported by the U.S. Census Bureau for both 2013 and 2023.
• Some other race: In Grosse Pointe Park, there was no reported median household income for Some other race households in 2013. However, in 2023, the median household income increased to $245,500, marking a significant change.
• Two or more races (multiracial): In Grosse Pointe Park, the median household income for the households where the householder is multiracial decreased by $241,931(73.66%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $328,437 in 2013 and $86,506 in 2023.
• Above analysis reconfirms that there are 5 race households in Grosse Pointe Park. Households are categorized based on the self-identified race of the head of household.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Grosse Pointe Park, MI?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Some Other Race householders in Grosse Pointe Park have the highest median household income at $245,500.

How does the median household income vary by race in Grosse Pointe Park, MI?

In Grosse Pointe Park, the median household income In Grosse Pointe Park, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $245,500. White households have a median income of approximately $130,028. Asian households have a median income of approximately $110,921. Black or African American households have a median income of approximately $99,493. Conversly, Two or More Races households reveal the lowest median income at $86,506. These disparities underscore the varied income distribution within the city of Grosse Pointe Park..

Which racial group has the lowest median household income according to the Census Bureau in Grosse Pointe Park, MI?

Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, households headed by individuals identifying as Two or More Races in Grosse Pointe Park exhibit the lowest median household income at $86,506 among the identified racial categories.

What is the median household income for White households in Grosse Pointe Park, MI?

In Grosse Pointe Park, the median household income for the households where the householder is White decreased by $8,592(6.20%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $138,620 in 2013 and $130,028 in 2023.

What is the median household income for Black or African American households in Grosse Pointe Park, MI?

In Grosse Pointe Park, the median household income for the households where the householder is Black or African American increased by $48,876(96.56%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $50,617 in 2013 and $99,493 in 2023.

References

Notes