Michigan’s Wealthiest Cities: A Deep Dive into the 30 Richest Communities


 

Michigan is home to some of the wealthiest communities in the Midwest and the entire country. Michigan’s richest cities showcase a blend of economic prosperity and desirable living conditions. As we explore these communities, factors such as median household income, mean household income, median home value, and property taxes paid come into focus. Cities like Bloomfield Hills, Troy, and Franklin stand out for their affluence, with upscale homes and thriving communities.

These cities not only contribute to Michigan’s economic diversity but also offer residents high-end residences and successful businesses. Living in one of Michigan’s wealthiest cities means enjoying the benefits of robust local economies and desirable properties. Join me in discovering the charm and affluence that define these remarkable communities across the state. Lets take a look at some of the 30 richest communities:

1. Bloomfield Hills

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Bloomfield Hills is a city located in Oakland County, Michigan, United States. It is part of the Detroit metropolitan area and is known for its affluent residential neighborhoods and upscale lifestyle. The city is characterized by large estates, luxury homes, and well-manicured landscapes. Bloomfield Hills is home to some prestigious institutions, including the Cranbrook Educational Community, which encompasses the Cranbrook Schools, the Cranbrook Art Academy, and the Cranbrook Institute of Science. This small community of under 4,000 residents enjoys prosperity thanks to exceptionally high incomes.

The median household income in Bloomfield Hills is over $200,000 a year. While only 15 percent of Michigan adults hold college degrees, nearly 70 percent of adults in Bloomfield Hills have a bachelor’s degree or higher. This educated population finds work in business, finance, law, and engineering fields. Auto industry executives also call this home. Excellent schools and little crime make the community attractive for raising affluent families as well. Bloomfield Hills encapsulates an elite suburban lifestyle through and through.

2. Troy

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Troy is another city in Oakland County, Michigan, USA, and it is situated in the northern suburbs of Detroit. With over 84,000 residents, Troy has transformed from a quiet bedroom community into an affluent economic center. The median household income here exceeds $108,000 per year – nearly double Michigan鈥檚 average. Several factors drive Troy鈥檚 wealth. Major technology and automotive companies bring high-salaried jobs in engineering, business, and skilled trades.

Large Asian American and Indian American populations work in high-earning fields.  Exceptional public schools also attract mid- to upper-class families. Property values sit well above state averages at $245,000. This ensures healthy tax revenues to support infrastructure and public services. Nearly a third of Troy residents hold bachelor鈥檚 degrees or higher as well. Low poverty and crime rates around 6% each keep communities safe and stable.

3. Huntington Woods

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Huntington Woods is a city located in southeastern Oakland County, Michigan, USA. It is a smaller, residential community known for its tree-lined streets, well-maintained homes, and a strong sense of community. The city is situated approximately 10 miles north of downtown Detroit. This community of around 6,000 residents draws wealthier families looking for beautiful homes without leaving the city limits.

Outstanding schools are a distinguishing point of pride, with nearly 97% of adults holding high school degrees and over 60% possessing bachelor’s degrees or higher. This helps secure high-paying jobs in sectors like healthcare, technology, finance, and business. Huntington Woods bests statewide averages with a median household income of $111,000 annually and a mere 3.4% poverty rate. Real estate here trends upwards of $400,000 thanks to charming older architecture and a safe atmosphere amplified by Huntington Woods’ reputation as 鈥渢he City of Homes鈥.

4. West Bloomfield Township

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West Bloomfield Township is a charter township located in Oakland County, Michigan, within the Detroit metropolitan area. West Bloomfield Township is often considered a desirable suburb with a mix of natural beauty, recreational opportunities, and a range of amenities. Known as a haven for upscale living, over 45% of residents hold a master鈥檚 degree or higher here. White collar jobs in law, computer science healthcare drive the economy. The median household income reaches $107,000 annually.

Extraordinary schools and serene spaces help certify West Bloomfield as family-friendly. Over 30% of residents are aged below 18. Excellent public services and amenities like parks, trails, libraries and community centers also boost quality of life. Property values steeply exceed statewide averages, with most homes priced between $300,000 to over $1 million. Many sprawling lakefront estates feature private docks, pools, stables and other luxury additions. Newer developments continue rising to meet demand for executive abodes.

5. Northville Township

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Northville Township encapsulates small town charm with suburban success. Over 20,000 residents enjoy low taxes, low crime, excellent schools and natural beauty across the township鈥檚 26 square miles. With median incomes reaching $112,000, Northville Township qualifies as one of Michigan鈥檚 most desirable addresses. A significant percentage of residents work white collar jobs in engineering, business and sales industries. The township鈥檚 central location enables convenient access to major employers in nearby cities as well.

High educational attainment boosts local prosperity and standards of living. Nearly 60% of adults hold bachelor鈥檚 degrees or higher. Attractive real estate, new housing developments, condos, and preserved parkland meet demand from families looking for premium properties without urban congestion. Between picturesque landscapes and top-ranked schools serving students exceptionally well, Northville Township retains its midwestern roots while embracing opportunities as a growing suburb. The township proudly exemplifies why many Michigan residents regard life here as 鈥淧ure Michigan.鈥

6. Ann Arbor

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Ann Arbor is a city located in the state of Michigan, approximately 40 miles west of Detroit. It is known for being the home of the University of Michigan, a prestigious public research university. Ann Arbor is not only a vibrant college town but also a culturally rich and economically diverse community. The median household income exceeds $67,000 annually. Home values typically surpass state averages as well, ranging from $250,000 to over $1 million. Distinguished public schools further uplift the educated populace.

Vibrant downtown offers trendy cafes, indie shops and cultural attractions that hum with youthful energy thanks to 50,000 university students. But Ann Arbor maintains midwestern charm through historic architecture and community values. The Farmers Market and outdoor festivals connect town and gown. With cutting-edge industry mixing seamlessly with small town living, Ann Arbor provides its 121,000 residents an unparalleled lifestyle.

7. East Grand Rapids

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East Grand Rapids is a cozy small town of just over 11,000 residents prides itself as an enclave for upscale family living. Exceptional public schools attract affluent professionals to tree-lined neighborhoods verdant parklands across the area鈥檚 nearly 6 square miles along the Reeds Lake watershed. With median home values exceeding $400,000, East Grand Rapids qualifies among Michigan鈥檚 most expensive real estate markets.

Incomes here also lead statewide averages, thanks mainly to white collar jobs in fields like finance, insurance, technology and healthcare obtained by the college-educated populace. Almost 80% of adults hold bachelor鈥檚 degrees or higher. Low crime and family amenities ensure East Grand Rapids retains its reputation as 鈥渁 nice place to live, work and play” across generations. New urban projects like the Gaslight Village promise to elevate East Grand Rapids as both a family community and economic anchor.

8. Grosse Pointe Shores

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Grosse Pointe Shores is one of the five Grosse Pointe communities located in Wayne County, Michigan, near Detroit. It is situated along the shores of Lake St. Clair and is known for its affluent and residential character. This tranquil residential community along Lake St. Clair caters to just over 2,800 residents. But limited size belies the outstanding wealth concentrated within these crisp streets.

Median household income eclipses $167,000 thanks to prosperous professionals, business executives and leaders residing here. Doctors, lawyers and corporate managements call this home. Nearly three-quarters obtained college degrees or higher. Charming gardens and historic architecture blending seamlessly with new contemporary builds characterize the high-end housing market.

9. Orchard Lake Village

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Orchard Lake Village is a city located in Oakland County, Michigan, USA. It is known for its affluent and residential character, offering a tranquil and scenic setting. With under 2,500 residents, Orchard Lake Village captures distinctive small town appeal only 20 miles from bustling Detroit commerce. Excellent performing schools, low crime, a dedicated police force and family recreation like lakeside parks and golf courses attract prosperous professionals.

Median household income reaches $120,000 thanks to white collar jobs in sectors like healthcare, engineering and business. Nearly two-thirds of adults obtained college degrees or higher as well. Historic churches, orchards and preserved woodlands retain heritage while high-end retail and new residential subdivisions meet contemporary demands. The village takes pride in these roots yet continues evolving.

10. Franklin

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Franklin is a village located in Oakland County, Michigan, within the Detroit metropolitan area. This cozy community spans just over 3 square miles but packs elevated affluence into the scenery. With less than 3,300 residents, Franklin village captures the close-knit appeal of small town living amid natural vistas just 25 miles from Detroit鈥檚 big city opportunities.

Excellent schools, low crime rates and a dedicated police force help Franklin village retain its reputation as an idyllic, family-friendly suburb. Median household income eclipses $154,000 thanks to well-educated professionals working white collar jobs in sectors like finance, technology, manufacturing and healthcare. Over 60% of adults obtained college degrees or higher.

11. Birmingham

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Birmingham is a city located in Oakland County, Michigan, in the metropolitan Detroit area. Situated 20 miles north of Detroit’s urban center, Birmingham stands as a fashionable suburban retreat for over 21,000 residents across 4.7 walkable square miles. Often compared to Beverly Hills for its elevated concentration of wealth, this Oakland County hub continues growing into an economic powerhouse in its own right.

Downtown Birmingham bustles with high-end boutiques, galleries, salons and Michelin-rated dining that cater to luxury tastes. Excellent public schools attract families to stately historic neighborhoods and new luxurybuilds ranging from $800,000 to multi-million-dollar mansions. Median income reaches $137,000 thanks to prosperous executives, entrepreneurs and professionals residing here.

12. South Lyon

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South Lyon, Michigan, is a charming and historic city located in Oakland County, about 25 miles northwest of Detroit. With a population of around 12,000 people, it offers a small-town atmosphere with plenty of amenities and attractions. Excellent public schools, low crime rates and natural beauty attract mid- to upper-class households from Detroit. Median family income reaches nearly $100,000 thanks to well-educated residents working skilled jobs in sectors like manufacturing, healthcare and construction.

New housing developments meet demand for executive living. Picturesque landscapes boasting parks, trails, farms and preserved historic buildings help South Lyon retain its quintessential Midwest roots and hospitality. Community events further connect residents. Recent growth expanded dining and retail options. South Lyon crafts an enticing blend of country warmth and contemporary comforts just far enough outside Detroit for tranquility yet close enough for big-city access.

13. Beverly Hills

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Peacefully set along the railroad corridor 20 miles north of Detroit lies the village of Beverly Hills in one of Michigan’s most affluent regions. This scenic community spans just 1.5-square miles but overflows with natural and economic charm. Towering trees grace the landscape while prosperous households enjoy tree-lined streets and midcentury homes starting around $450,000.

Residents work skilled jobs as business executives, doctors, lawyers and engineers in nearby economic hubs. Median earnings reach $115,000 annually thanks to the college-educated populace and proximity facilitating well-compensated careers. Community events, quaint boutiques and metropark land help nurture the cherished small town culture. Top-ranked schools also make Beverly Hills a magnet for families seeking academic excellence. New commercial development promises economic growth in coming years.

14. Grosse Pointe Farms

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Grosse Pointe Farms encapsulates small-town beauty with ultra-wealthy prestige across its stately homes and luxury estates. Known as the first settled village in Michigan, this community of over 10,000 residents now thrives as an elite suburb. Stone mansions sprawling alongside yacht club marinas, private golf and country clubs distinguish the landscape where auto titans and business CEOs reside.

Median incomes exceed $154,000 thanks greatly to private school-educated residents earning big as doctors, lawyers and executives in the metropolitan economy. Real estate ranges from classic lakefront cottages to eight-figure, lavish new architectural builds. Yet hometown warmth endures through flourishing gardens, community events and family amenities. Superb city services, little poverty or crime nurture an exceptional quality of life as well.

15. Petoskey

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Petoskey, Michigan, nestled on the shores of Little Traverse Bay in Lake Michigan, is a charming town renowned for its natural beauty, rich history, and vibrant community. Whether you’re seeking outdoor adventures, cultural immersion, or simply a relaxing escape, Petoskey has something to offer everyone. Just over 6,000 residents call this small town home. But Petoskey enjoys outsized fame as a tourism gem and affluent address within Michigan鈥檚 picturesque northwestern frontier.

Petoskey鈥檚 natural beauty forged its identity as a Victorian-era vacation hub. Grand summer homes dotted the wooded hillsides and bay-front as city visitors fled industrial life for crisp air and relaxation. Many landmark lodges and cottages now house shops and cafes infusing downtown Petoskey with enduring historic charm. Outdoors attractions like ski resorts and marinas also swell the seasonal population. Meanwhile healthcare, technology and service jobs employ most resident professionals earning roughly $50,000 annually.

16. Grand Blanc

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Grand Blanc is a city located in Genesee County, Michigan, United States. Grand Blanc emerged as a haven from urban industry. Peaceful subdivisions, verdant golf courses and scenic wetlands now distinguish this flourishing suburb where over 8,500 residents enjoy small town warmth with outstanding amenities. Excellent schools attract young professionals starting families. Healthcare, retail and tech jobs at nearby hubs enable many households to earn over $65,000 annually.

New housing and condo developments meet demand for executive living.  Distinctive dining and boutique shops line Grand Blanc鈥檚 historic downtown where community events connect residents. With bright educational outcomes, safe neighborhoods and a thriving business climate anchored by the Genesys medical campus, Grand Blanc provides remarkable advantages. It artfully shakes off Rust Belt stereotypes.

17. Lathrup Village

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Lathrup Village is a city in Oakland County, Michigan, within the Detroit metropolitan area. Lathrup Village delivers upscale living in a tranquil, small-town setting. Some 4,100 folks call this friendly Detroit suburb home. Neighborhoods overflow with charm thanks to towering trees, pristine parks and mid-century brick buildings blending seamlessly with new contemporary structures. Whether residing in a classic 1950s ranch, modern custom build or downtown loft apartment, residents of Lathrup Village enjoy safe, peaceful surroundings coupled with big-city access and amenities.

This bedroom community took shape along a historic 19th century trail. Yet it continues evolving through new construction and revitalization welcoming next-generation prosperity. Excellent schools, thriving commercial districts and a prime location near the I-696/I-96 corridor enable many well-educated professionals to find high-paying work in Detroit. Median earnings reach $72,000 in this humble haven where tight-knit community persists amid exciting development.

18. St. Clair Shores

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St. Clair Shores is a friendly suburban city in Michigan, right by Lake St. Clair. People love living here because of the beautiful lake, where you can go boating and fishing. The Nautical Mile along Jefferson Avenue is a cool spot with shops and restaurants, making it lively and fun. The city is residential, and its parks like Veterans Memorial Park offer green spaces for families to enjoy. Nearly 60,000 residents call this vibrant waterfront suburb home. St. Clair Shores has a history that you can see in its older homes, showing how it has changed from a resort community to a great place to live.

The community hosts events and festivals, bringing people together, and it’s close to Detroit for those who want city adventures. Schools like Lakeview Public Schools provide education for local students. Overall, St. Clair Shores is a relaxed and welcoming city with a mix of suburban living, waterfront activities, and nearby urban opportunities. Median household income reaches $62,000 thanks to educated professionals working office and technical jobs across Metro Detroit.

19. Novi

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Novi is a vibrant city located in Oakland County, Michigan. Known for its thriving community and diverse amenities, Novi is a popular residential and commercial hub. With a focus on family-friendly living, the city offers a range of housing options, including single-family homes and modern condominiums. More than 63,000 residents enjoy terrific amenities nurturing family life. With median household income reaching above $80,000, Novi ranks among Michigan鈥檚 most affluent areas. One of Novi’s highlights is its impressive shopping and dining scene, with the Twelve Oaks Mall being a major shopping destination.

The city also boasts numerous parks and recreational facilities, providing residents with ample opportunities for outdoor activities. Lakes, like Walled Lake and Novi’s Pavilion Shore Park, contribute to the city’s natural beauty and offer spaces for relaxation and water-based recreation. Novi’s strategic location near major highways makes it convenient for residents to access neighboring cities and contributes to its reputation as a center for commerce and business.

20. Rochester Hills

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Rochester Hills is a dynamic city situated in Oakland County, Michigan. Recognized for its picturesque neighborhoods and community-oriented living, Rochester Hills offers a mix of housing options, including family homes and upscale residences. Over 75,000 residents enjoy this scenic community’s first-rate schools, upscale housing, and abundance of high-paying job opportunities. Median household income eclipses $80,000.

The city takes pride in its commitment to education, with highly regarded schools and institutions contributing to the overall quality of life. Rochester Hills is known for its green spaces, parks, and outdoor recreation opportunities. The scenic Rochester Municipal Park and the Clinton River Trail provide residents with places to enjoy nature, walking, and biking.

21. Okemos

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Okemos is a charming community located in Meridian Charter Township, Ingham County, Michigan. Known for its family-friendly atmosphere and excellent schools, Okemos is a popular residential area. Over 21,000 residents enjoy outstanding education, prosperity and amenities. This family-oriented community took shape along a 19th century trading route before evolving into a blossoming bedroom town. Median household income reaches $70,000 thanks to proximity facilitating careers in Lansing.

The city features a mix of housing options, including single-family homes and condominiums, catering to a diverse range of residents. Okemos Public Schools are well-regarded, providing quality education for students. Parks and recreational facilities, such as the Meridian Historical Village and the Wonch Park, contribute to the city’s appeal. These spaces offer opportunities for outdoor activities, picnics, and community events.

22. Ada Township

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Ada Township is a scenic and affluent community located in Kent County, Michigan. Situated near Grand Rapids, Ada Township is known for its suburban charm, natural beauty, and upscale residential character. Over 13,000 residents enjoy reaching lofty standards for education, income, and living. Excellent schools first put this former farming hub on the map for achievement. Median household income reaches $116,000 – nearly double Michigan’s average.

The township boasts a mix of housing options, including spacious single-family homes and estates, often set on large lots with scenic views. The emphasis on preserving natural landscapes contributes to the area’s appeal, with parks, trails, and green spaces enhancing the overall quality of life. Ada Township is home to the Ada Covered Bridge, a historic landmark that adds character to the community. Residents enjoy outdoor activities at parks like Roselle Park, which offers playgrounds, walking trails, and picnic areas.

23. Shelby Charter Township

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Spanning over 36 square miles along Hall Road north of Detroit sits Shelby Charter Township, where over 80,000 residents enjoy blossoming prosperity. Once known as Van Dyke, this thriving Detroit suburb cultivated explosive growth in recent decades through premier services, dynamic development and diverse demographics. Convenient access to Metro Detroit enables many well-educated residents to find high-paying jobs in engineering, tech and healthcare.

Subdivisions and new construction meet demand for executive living. The Asian American and Indian American populace infuses multicultural dynamism. Median household earnings exceed $75,000 annually. A bright business climate, superb school district rankings and abundant recreation for families further bolster Shelby Township鈥檚 prestige.

24. Plymouth

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Plymouth is a charming city located in Wayne County, Michigan, known for its historic downtown, strong sense of community, and family-friendly atmosphere. It has over 9,000 residents. Median household income reaches $78,000. Community events from concerts to festivals unite residents of all ages. The pedestrian-friendly landscape bursting with floral gardens and public art sculpture infuses Midwest quaintness with cosmopolitan taste.

By preserving heritage sites and natural spaces while welcoming progress, Plymouth sustains coveted stature as an enclave for exceptional living. Plymouth continues sailing smoothly into the future by embracing amenities and development while nurturing the enduring bonds between friendly neighbors that make this special town feel like home.

25. Rochester

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Rochester encapsulates small-town charm with surging success. Over 13,000 residents call this Oakland County hub home. Families love it here because of the great schools and nice parks where you can take walks or have a picnic. There are also cool events that happen in the town. Median household income exceeds $75,000 thanks to educated professionals working skilled jobs across sectors.

The city has a mix of history and fun, with parks like Paint Creek Trail and Rochester Municipal Park for outdoor adventures. Plus, there are lots of yummy restaurants to try. It’s a great place to live because it’s not too busy, but you can still find everything you need. Whether you’re into exploring downtown, enjoying nature, or trying new foods, Rochester has a bit of everything for everyone.

26. Clinton Township

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Clinton Township, located in Macomb County, Michigan, offers a comfortable and family-friendly community. With a mix of residential areas and local amenities, the township is known for its diverse neighborhoods and accessibility to essential services. Over 95,000 residents enjoy pleasant parks and waterfront living just outside bustling Detroit. The township features a range of housing options, including family homes and apartments, catering to a variety of lifestyles.

Residents benefit from proximity to shopping centers, restaurants, and recreational facilities, providing convenience and entertainment options. Educationally, Clinton Township is served by local school districts, emphasizing the importance of quality education for the community. Parks and green spaces, such as George George Memorial Park, contribute to the township’s appeal, offering outdoor spaces for relaxation and activities.

27. Saline

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Saline is a welcoming city in Washtenaw County, Michigan, known for its friendly community, good schools, and charming downtown. The city provides a mix of small-town atmosphere and modern amenities, making it an attractive place to live. Over 9,000 friendly residents enjoy excellent schools, prosperous careers and family amenities across this scenic community spanning four walkable square miles.

Home values typically exceed statewide rates, hovering around nearly $300,000. Yet the easygoing culture perseveres thanks to Midwestern roots. Charming parks and yearly traditions like summer concerts nurture hometown bonds. Saline effectively balances convenience and comfort – embracing opportunities from growth while retaining the core communal spirit.

28. Grand Haven

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Grand Haven is a picturesque city on the shores of Lake Michigan in Ottawa County, Michigan. Known for its stunning beaches, charming downtown, and friendly community, Grand Haven is a popular destination for both residents and visitors. The city’s sandy beaches, particularly Grand Haven State Park and North Beach Park, draw people for sunbathing, swimming, and enjoying the scenic views of Lake Michigan. Over 11,000 residents now call this scenic coastal community home.

The iconic Grand Haven Pier and Lighthouse add to the charm of the waterfront, creating a beautiful backdrop for sunsets and leisurely strolls. With most households earning roughly $50,000 on average, Grand Haven delivers comfortable living. The warm and welcoming atmosphere, coupled with outdoor recreational opportunities and a strong sense of community, makes Grand Haven a sought-after place to live and visit.

29. Midland

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Midland is a thriving city located in the heart of Michigan, known for its strong sense of community, family-friendly environment, and contributions to science and industry. Home to the Dow Chemical Company, Midland has played a significant role in the region’s economic development. Over 41,000 residents enjoy outstanding academics, prosperity and lifestyle advantages.

The city boasts well-maintained parks, such as the Dow Gardens and the Chippewa Nature Center, providing residents with ample green spaces, walking trails, and opportunities for outdoor activities. New developments meet demand for executive living. Excellent schools and skilled workers sustain median incomes around $60,000.

30. Traverse City

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Traverse City, nestled in northern Michigan along the shores of Lake Michigan’s Grand Traverse Bay, is celebrated for its natural beauty, outdoor activities, and vibrant culture. Known as the Cherry Capital, the city is surrounded by picturesque orchards and vineyards. As the largest city in Northern Michigan, it serves as the hub for roughly 15,000 residents.

Traverse City offers residents and visitors a rich tapestry of experiences. The downtown area is brimming with boutique shops, local eateries, and charming galleries. The city’s commitment to local produce and culinary arts is evident in its diverse dining scene and the annual Traverse City Cherry Festival, a beloved event celebrating the region’s cherry harvest. The friendly community, coupled with the breathtaking landscape and cultural offerings, makes Traverse City an attractive place to live and visit.

In conclusion, Michigan’s cities offer a diverse tapestry of lifestyles. From the suburban charm of Plymouth to the beachside beauty of Grand Haven, each city has its unique appeal. Whether it’s the family-friendly atmosphere in Saline, the small-town warmth of Okemos, or the lakeside serenity in Shelby Charter Township, Michigan caters to various preferences.

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