Grosse Pointe Farms, MI's Data
About Grosse Pointe Farms, MI's
Grosse Pointe Farms is a suburban town located in Wayne County in the state of Michigan. Established in 1892, the town is part of the Grosse Pointe collection of towns. It is situated along the shores of Lake St. Clair and is known for its historic architecture, affluent residential areas, and well-maintained public parks. Grosse Pointe Farms has a rich history that includes being a prime residential area for Detroit's wealthy elite during the early 20th century.
City: Grosse Pointe Farms
State: Michigan
Country: United States
Population: 9,479
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Grosse Pointe Farms, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Grosse Pointe Farms, MI
Pier Park - A private waterfront park offering recreational facilities including pools, tennis courts, and marina services.
Grosse Pointe War Memorial - A historic mansion that serves as a cultural center with programs in arts, business, and personal enrichment.
Country Club of Detroit - An exclusive golf club known for its challenging course and elegant clubhouse.
Kerby Field - A popular local sports complex with facilities for baseball, soccer, and other sports.
Edsel & Eleanor Ford House - Historical estate showcasing early 20th-century architecture and the lifestyle of the Ford family.
The Economy of Grosse Pointe Farms, MI
The economy of Grosse Pointe Farms is predominantly driven by its residential nature, with a significant emphasis on services that cater to the needs of its residents. The local economy benefits from high property values and the spending power of its residents. Key economic activities include retail, healthcare, and professional services. The town's proximity to Detroit also allows residents to commute to the city, which broadens economic opportunities.
Grosse Pointe Farms, MI Inflation
Understanding the BLS and Inflation in Grosse Pointe Farms, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Grosse Pointe Farms, MI. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Grosse Pointe Farms, MI understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Grosse Pointe Farms, MI using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Grosse Pointe Farms, MI when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Grosse pointe farms, MI
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