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Grosse Pointe Farms vs Ann Arbor: Housing

Grosse Pointe FarmsAnn Arbor
Median Home Value$442,000$453,400
Median Gross Rent$1,408/mo$1,649/mo
Homeownership Rate96.6%45.5%
Rent as Share of Income10.5%24.1%

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.