1. The small town of Bloomfield Hills, a northern suburb of Detroit, is the wealthiest city in the state of Michigan.
  2. The population is just under 4,000.
  3. The average income is $170,000 and the median house value is $580,000.
  4. There are also homes worth millions located in Bloomfield Hills.

Besides, What is considered rich in Michigan? In the nation as a whole, the richest 20% of households earn at least $131,350 annually, according to the analysis. And to be in the top 5% of income earners in Michigan, households need to make at least $209,099 per year. The state’s current median household income stands at $59,584 annually, the report says.

What is the richest zip code in Michigan?

10 Richest Michigan Zip Codes

Rank Zip Code Mean Income
1 49060 $327,215
2 48301 $213,167
3 48302 $209,294
4 48009 $206,818

How many millionaires live in Michigan? List

Rank State Number of millionaire households
12 Michigan 236,858
13 Washington 233,155
14 North Carolina 224,054
15 Maryland 221,189

Hence, Where do the rich live in Detroit? Birmingham, Michigan is perhaps the wealthiest suburb of Detroit. This is enough to put it right near the top for us. It is located 20 miles north of the center of Detroit along the Woodward corridor.

What salary is upper class?

In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.

What salary do you need to live comfortably in Michigan?

Typical Expenses

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 3 Children
Required annual income after taxes $27,835 $109,354
Annual taxes $6,193 $24,331
Required annual income before taxes $34,028 $133,685

What is the safest city in Michigan to live?

A closer look at the safest cities in Michigan Thetford Township is number 1 for the second consecutive year—but it shares the honor with Iron Mountain this year. Both of the top 2 cities reported 0 violent crimes and 0 property crime incidents. The top 20 cites reported 0 murders.

Where should I not live in Michigan?

The 5 Worst Places To Live In Michigan In 2022

  • 5.) Flint. Adam Maloney via Unsplash. 5.) Flint. …
  • 4.) Jackson. Google Maps. 4.) Jackson. …
  • 3.) Detroit. Jason Hutchison via Unsplash. 3.) Detroit. …
  • 2.) Benton Harbor. Google Maps. 2.) Benton Harbor. …
  • 1.) Muskegon Heights. Google Maps. 1.) Muskegon Heights.

What is the best city to live in Michigan?

Six Michigan cities make it on list of ‘150 Best Places to Live in the U.S. in 2022-2023’

  • Ann Arbor.
  • Grand Rapids.
  • Kalamazoo.
  • Lansing.
  • Detroit.
  • Flint.

Is Ann Arbor safer than Detroit?

That said, other, safer neighborhoods in Detroit can still have issues with crimes that are common in larger cities. On the other hand, living in Ann Arbor is relatively safe.

What is the wealthiest city in Michigan?

1. Bloomfield Hills – Gross Income: $170,000 | Median Home: $580,000. The small town of Bloomfield Hills, a northern suburb of Detroit, is the wealthiest city in the state of Michigan.

What is considered wealthy in Michigan?

In the nation as a whole, the richest 20% of households earn at least $131,350 annually, according to the analysis. And to be in the top 5% of income earners in Michigan, households need to make at least $209,099 per year. The state’s current median household income stands at $59,584 annually, the report says.

What is considered upper class income in Michigan?

A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.

What is the poorest city in Michigan?

Flint was ranked the poorest city in Michigan in a 24/7 Wall St.

The Center Square.

Poorest City Flint
Median Household Income $28,834
Poverty Rate 38.8%
Median Home Value $29,500
Population 96,559

• Jul 7, 2021

What is the most miserable city in Michigan?

Detroit was named the third-most miserable story by Business Insider, Flint was the ninth and Saginaw was the 33rd. Gary, Indiana, ranked as the number one most miserable city, with Port Arthur Texas coming in at number two. The least most miserable city in Michigan is Novi, which checked in at number 838.

What is the dirtiest city in Michigan?

Benton Township This is actually the most dangerous place to live in the state. Crime rates are very high in this area, and they rank in at number three for violent crime rates. Benton County does have a lot of other positives, which is why they are number 11 on the list.

Which wealthy family lives in Michigan?

Brothers Hank and Doug Meijer together own Michigan-based supermarket chain Meijer, which has 230 stores in the Midwest. They are worth an estimated $16.9 billion and was ranked 171 on Forbes’ list of 2021 billionaries. Their grandfather Hendrik, a Dutch immigrant, started the company back in 1934, according to Forbes.

Who is the richest family in Grand Rapids Michigan?

Hank and Doug Meijer – Net Worth: $6.4 billion Currently based in Grand Rapids, Michigan, the brothers share a wealth of $6.4 million.

Where do the rich live in Michigan?

The small town of Bloomfield Hills, a northern suburb of Detroit, is the wealthiest city in the state of Michigan. The population is just under 4,000. The average income is $170,000 and the median house value is $580,000. There are also homes worth millions located in Bloomfield Hills.

How many millionaires are in Michigan?

List

Rank State Number of millionaire households
9 Ohio 261,157
10 Massachusetts 254,201
11 Georgia 239,287
12 Michigan 236,858

Who is the richest person in Ann Arbor?

William C. Young is the richest man in Ann Arbor/ Ypsilanti, and he placed at 1580 Forbes richest people in the world with $2.0 billion in net worth.

How rich is the Meijer family?

23 last year. Following Gilbert, at 106th richest in the world are retail heirs Hank and Doug Meijer, co-chairs of the big box chain Meijer Inc. headquartered in Walker. The brothers of the family-owned private company have an estimated net worth of $16.5 billion, according to the Forbes ranking.

Who is the richest person in the Upper Peninsula of Michigan?

Ranked at No. 23 on the list, and the highest among all Michiganians, is 59-year old Quicken Loans founder and Chairman Dan Gilbert. Gilbert’s net worth is listed by Forbes as $30.9 billion.

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