Detroit Gold Coast

The opportunity to get ahead, we must get to work to ensure safe, affordable housing for everyone.

Welcome to Detroit Gold Coast

The City of Detroit announced more than $100 million worth of housing investment in the city, all of which will go toward preserving affordable housing.
 
The funding comes from six competitive Low-Income Housing Tax Credit awards. which will fund five affordable housing developments in Detroit. The limited number of 9% low-income housing tax credits (LIHTC) will help create or preserve 536 units of affordable housing across the city.
 
In total, 318 units of affordable housing that were set to expire soon will be extended for another 45 years. The new construction projects will create a total of 235 units, with 218 of them reserved as affordable units, meaning 92% of all new units supported by the credits will be affordable. Many of the new and preserved units will serve residents making between 30% and 80% of the area median income (AMI) or about $16,050 to $42,800 annually.
 
“If we’re going to make sure everyone in Michigan, no matter their community, has the opportunity to get ahead, we must get to work to ensure safe, affordable housing for everyone,” said Gov. Whitmer. “Because of this partnership with MSHDA and Mayor Duggan’s office, we are now one step closer to that goal. These projects will be critical in helping Detroiters and people all over the state move into affordable homes. It’s good for our families, for our economy, and for the future of our state.”
 
To accomplish this, the City’s Department of Housing & Revitalization worked with developers, which applied for and were awarded a series of 9% LIHTCs. The 9% LIHTC award is the most valuable and competitive affordable housing tool in the country because it leverages up to 90% equity to build affordable housing units. It also gives developers the ability to serve families and individuals who are at the lower end of the economic spectrum, including those who have experienced homelessness.

Overview for Detroit Gold Coast, MI

19,817 people live in Detroit Gold Coast, where the median age is 45 and the average individual income is $27,060. Data provided by the U.S. Census Bureau.

19,817

Total Population

45 years

Median Age

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

$27,060

Average individual Income

Around Detroit Gold Coast, MI

There's plenty to do around Detroit Gold Coast, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.

41
Car-Dependent
Walking Score
62
Bikeable
Bike Score
47
Some Transit
Transit Score

Points of Interest

Explore popular things to do in the area, including Rocketfuel Nutrition, Peet's Coffee, and The Lobster Pot.

Name Category Distance Reviews
Ratings by Yelp
Dining 0.31 miles 5 reviews 5/5 stars
Dining 3.88 miles 6 reviews 5/5 stars
Dining 4.29 miles 7 reviews 5/5 stars
Dining · $ 1.74 miles 5 reviews 5/5 stars
Dining 3.78 miles 5 reviews 5/5 stars
Dining 3.73 miles 14 reviews 5/5 stars

Demographics and Employment Data for Detroit Gold Coast, MI

Detroit Gold Coast has 9,542 households, with an average household size of 2.03. Data provided by the U.S. Census Bureau. Here’s what the people living in Detroit Gold Coast do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 19,817 people call Detroit Gold Coast home. The population density is 3,923.16 and the largest age group is Data provided by the U.S. Census Bureau.

19,817

Total Population

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

45

Median Age

46.55 / 53.45%

Men vs Women

Population by Age Group

0-9:

0-9 Years

10-17:

10-17 Years

18-24:

18-24 Years

25-64:

25-64 Years

65-74:

65-74 Years

75+:

75+ Years

Education Level

  • Less Than 9th Grade
  • High School Degree
  • Associate Degree
  • Bachelor Degree
  • Graduate Degree
9,542

Total Households

2.03

Average Household Size

$27,060

Average individual Income

Households with Children

With Children:

Without Children:

Marital Status

Married
Single
Divorced
Separated

Blue vs White Collar Workers

Blue Collar:

White Collar:

Commute Time

0 to 14 Minutes
15 to 29 Minutes
30 to 59 Minutes
60+ Minutes

Schools in Detroit Gold Coast, MI

All ()
Primary Schools ()
Middle Schools ()
High Schools ()
Mixed Schools ()
The following schools are within or nearby Detroit Gold Coast. The rating and statistics can serve as a starting point to make baseline comparisons on the right schools for your family. Data provided by the U.S. Census Bureau.
Type
Name
Category
Grades
School rating
Detroit Waldorf School
PRIVATE
PreK - 8th
No rating available
PUBLIC
K - 8th
2/5
PUBLIC
7th - 12th
No rating available
PUBLIC
PreK - 8th
1/5
Detroit Enterprise Academy
PUBLIC
K - 8th
3/5
Barack Obama Leadership Academy
PUBLIC
K - 8th
No rating available
The James and Grace Lee Boggs School
PUBLIC
K - 8th
4/5
Nichols ElementaryMiddle School
PUBLIC
PreK - 8th
1/5
Moses Field Center
PUBLIC
PreK - 8th
No rating available
Detroit Lions Academy
PUBLIC
6th - 8th
No rating available
Hutchinson ElementaryMiddle School
PUBLIC
PreK - 8th
1/5
Southeastern High School
PUBLIC
9th - 12th
No rating available

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With over 24 years of experience and a deep passion for all things Detroit, Liz offers unparalleled knowledge and service excellence. Whether you're buying or selling in the Greater Detroit region, choose Liz for a tenacious pursuit of your real estate goals. Explore Detroit's neighborhoods, co-ops, condos, dining, and art scene with your ultimate Detroit guide.

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