How much do homeowners pay a month in the Village of Grosse Pointe Shores, MI?

Homeowners with a mortgage in the Village of Grosse Pointe Shores, MI pay a median of $4,000 or more a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,498 (±$127).

46.4% of owned homes carry a mortgage.

Figures last updated on .

With a mortgage
$4,000 or more
Without a mortgage
$1,498 (±$127)
Owned with a mortgage
46.4%

Monthly owner costs in the Village of Grosse Pointe Shores

Median selected monthly owner costs, estimate (90% margin of error)
Village of Grosse Pointe ShoresWayne CountyMichiganUnited States
With a mortgage$4,000 or more$1,556 (±$13)$1,569 (±$5)$1,963
Without a mortgage$1,498 (±$127)$612 (±$6)$602 (±$3)$638
Owned homes with a mortgage46.4% (±6.8 points)51.5% (±0.6 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$10,000 or more$2,904 (±$26)$2,904 (±$9)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Wayne County, the Village of Grosse Pointe Shores ranks 1 of 43 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in the Village of Grosse Pointe Shores have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$523,100 (±$44,976)$733,500 (±$56,478)+40.2%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near the Village of Grosse Pointe Shores

Nearest places with a published estimate, compared with the Village of Grosse Pointe Shores
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Village of Grosse Pointe Shores—$4,000 or more—
Grosse Pointe Woods1.7 mi$2,121 (±$101)—
St. Clair Shores3.1 mi$1,456 (±$34)—
Harper Woods3.1 mi$1,611 (±$75)—
Grosse Pointe Farms3.8 mi$2,911 (±$369)—
Eastpointe4.0 mi$1,190 (±$42)—
Grosse Pointe5.0 mi$2,845 (±$242)—
Roseville5.2 mi$1,246 (±$33)—
Grosse Pointe Park6.0 mi$2,738 (±$363)—

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Wayne County, place by place

RankPlaceMedian monthly cost with a mortgage
1Village of Grosse Pointe Shores$4,000 or more
2Northville Township$2,997 (±$198)
3Grosse Pointe Farms$2,911 (±$369)
4Grosse Pointe$2,845 (±$242)
5Grosse Pointe Park$2,738 (±$363)
6Plymouth$2,429 (±$152)
7Grosse Ile Township$2,416 (±$155)

Showing 7 of 43 places in Wayne County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Village of Grosse Pointe Shores

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Village of Grosse Pointe Shores beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Village of Grosse Pointe Shores, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Village of Grosse Pointe Shores, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Village of Grosse Pointe Shores

What is the average mortgage payment in the Village of Grosse Pointe Shores?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Village of Grosse Pointe Shores, MI is $4,000 or more a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in the Village of Grosse Pointe Shores?

Owners without a mortgage in the Village of Grosse Pointe Shores pay a median of $1,498 (±$127) a month in taxes, insurance, utilities and fees.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Village of Grosse Pointe Shores city, Michigan (place:82453, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related